Word: thirds
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Dates: during 1980-1989
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...increase in the number of black managers, professionals, technicians and government officials. The gap between black and white median income is wider now than it was in the late 1970s -- largely because blacks did not recover from the last recession as completely as whites did. Still, roughly one-third of all black households have solidly middle-class incomes of $35,000 or more, compared with about 70% of all white households. Blacks manage the department stores that once rejected their patronage. They make decisions at corporations where once they worked only on assembly lines. They preside as mayors of cities...
Born to a working-class family in a rough part of Washington, Kenneth Glover thinks he was lucky to get out alive. "One-third of the friends I grew up with are dead," he says. "Another third are in jail or on dope. The rest of us just made it." He did more than just make it. A magna cum laude graduate of the University of Maryland, the Chicago investment counselor recently co- founded the Harold Washington Foundation. Named for the late Chicago mayor whom Glover once served as campaign manager, it provides grants to blacks for education, health care...
...some passing fancy." Of course, this was before Tower began to crumble and it was discovered that Secretary of State James Baker owned an estimated $2.9 million worth of Chemical Bank stock while he was Treasury Secretary with policymaking influence over the treatment of the bank's shaky Third World loans. These days the President sounds less like a patrician reformer as he muses aloud, "I hope I haven't created something that just carries things...
...Eagleburger, who became president of Kissinger Associates in 1984, after 27 years in Government. About to be nominated as Deputy Secretary of State, Eagleburger is expected to face a grueling confirmation battle revolving around the firm's globe-girdling client list that touches everything from Middle Eastern oil to Third World debt. Granted, Eagleburger is respected. But are his credentials so special as to override the possible conflicts of interest...
...wage an independent campaign under the banner of the "Harold Washington Party." Thus, having defeated one black opponent in the primary, Richie Daley will have to overcome another in the general election on April 4 to reclaim his father's office. If he does, Chicago would become the third major city (after Cleveland and Charlotte, N.C.) in which the mayor's office, once won by a black, has reverted to white control...