Word: wealthier
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Orange County is far wealthier than Cuyahoga, of course, and therein lies one of the ironies of the Southern California area's financial fall. With a population of nearly 2.6 million and a median household income of $47,774, Orange is the fifth largest county in the U.S. and boasted the fourth richest county government before the crisis. As famed for its political conservatism as for Disneyland and aerospace giants like McDonnell Douglas, Orange County was the birthplace of Richard Nixon and gave Ronald Reagan the largest margin of victory of any U.S. county in his presidential races...
...Wealthier individuals could afford more expensive housing while the poor would require public housing, she added...
...turned out, Ravitch's ambitious double-play pivot did not exactly match the grace of Cardinals shortstop Ozzie Smith. It took Ravitch 18 months to work out a limited revenue-sharing formula. And even then the wealthier teams made it contingent on the players' miraculously agreeing to a salary cap. And though the baseball contract officially expired at the end of 1993, Ravitch didn't put the owners' salary-cap proposal on the negotiating table until mid-June. This complex plan would limit total player salaries to 50% of overall major league revenues, although guaranteeing that overall salaries would...
...said he advocates "means testing" entitlements, which would reduce or eliminate entitlement program payments to wealthier citizens...
...money would be pooled in a statewide education fund which would then be divided up among the local school districts. Each district would receive a minimum of $4,200 per student and wealthier communities would be limited in what spending increases they could make...