Word: wealth
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Dates: during 1980-1989
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...hundreds of Israeli kibbutzim, its cooperative agriculture communities, were once feverishly intent on expanding the nation's wealth through hard work. Today most are building swimming pools or tennis courts--indicating the nation's growing eagerness to consolidate and relax, not expand...
...invasion could lead to a significant realignment of forces. Because of his consistent criticism of the Israeli action, Egyptian President Hosni Mubarak did much to redeem his country in the eyes of fellow Arabs. Moreover, Mubarak has developed an increasingly close relationship with Saudi Arabia, forming an axis of wealth and population. Together those moderate states could dominate the Arab world...
...rise in gross world product should mean that there will be more to go around. In the U.S., he offers the possibility of a $5 trillion gross national product in 2000 that would mean a per capita income of about $20,000. There is no prediction about how this wealth will trickle to 250 million Americans. There is guarded optimism about inflation. Inflation, of course, is very thinkable, though Kahn's thoughts on how to deal with it are fairly familiar. They include indexing, creative financing, energy policies and a modified yes on a worldwide gold standard...
...younger generation knows that $9,287 will not buy many tickets to a Fleetwood Mac concert, but the S.M.A.P. remembers when $10,000 was generally accepted as the unofficial frontier to wealth. To be "a $10,000-a-year man" was synonymous with membership in the upper middle class. That was what the S.M.A.P.'S father had earned as a professor at Harvard, and when the S.M.A.P. was young he considered it the height of vaulting ambition to earn as much. Some day, when he too made $10,000 a year, he would be able to consider himself...
...Paradise, on Common wealth Ave off the Green Line, is the top club in town, just short of the Orpheun and the Boston garden Covers are often steep, and shows tend to end rather promptly at midnight. Drinks, needless to say, are even more expensive then elsewhere. Since you can often see the same band at Swift's a day or two before or after the Paradise date, it pays to stay home in Cambridge...