Word: spendthriftness
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Ashe paints his Democratic opponent as a woolly, spendthrift liberal. But the Harvard-educated Gore, 36, a Viet Nam veteran and onetime Nashville Tennessean reporter, is a moderate who currently stresses his conservative side. He opposes federal funding for abortion and supports a balanced budget. For all his advantages, however, he insists he is still "running scared." Having answered positively to questions about the need for a separation of church and state, Gore adds, "I also believe in the separation of the presidential campaign and the race in Tennessee...
...Queen while in England for a polo match. Indeed, the theme of the trip was almost entirely equine. Her main sideline back home is the sport of monarchs: she owns 27 Thoroughbreds and came to Kentucky to check out possible 1985 studs for a few of her 22 broodmares. Spendthrift Farms Owner Brownell Combs II explained the attraction of the area. "This is where the stallions are," he said, "and the semen controls the industry...
...Sebe has seized upon the dubious gift with ebullience. Although unemployment in Ciskei has been running at 50%, its leader remains recklessly spendthrift. Just two weeks ago he announced a lavish scheme to furnish his dirt-poor homeland with an international airport, a harbor and an air force. Such tragicomic aspirations and the tyrannical rule that enforces them have made Sebe's fief something of an embarrassment even to its stepmother. Said the moderate Johannesburg Star: "Ciskei has become a byword for all the worst excesses of banana republics...
During the 1920s, a spendthrift charmer named Tom Mount lived with (and on) Hobson for five years while remaining married to another woman. Hobson endured two abortions, one without anesthesia, before Mount went off to Tahiti to write. A six-year marriage to well-heeled Publisher Thayer Hobson proved more placid, until he stunned her one evening by announcing over the demitasse that he was leaving her for another woman. Looking back on that divorce, what makes her "boil with fury" is the thought that "any woman (most women?) should feel her life exploded into shreds and shards because...
Many economists argue that the tax burden should be rearranged so that it weighs more heavily on the spendthrift than on the thrifty. That change, they say, would stimulate the savings and investment the U.S. needs to revitalize its economy. Congress took a step in that direction in 1981 by allowing all income earners to set aside a limited amount of money in tax-deferred Individual Retirement Accounts. Now momentum is beginning to build in favor of a more sweeping change: a new tax on consumption that would gradually replace part or all of the present income tax system...