Word: evening
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Dates: during 2000-2000
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...much money will get siphoned away from public schools, thus placating voucher opponents. The voucher amount more than covers Catholic-school tuition, which in Cleveland averages $1,200 a year (because of church subsidies and teacher salaries about half as high as the public school average). But tuition at even the least expensive nonsectarian private schools is more than $5,000. Clarence Gilmore, 30, a fire fighter with two children at St. Adalbert's, says, "I would love to send my kids to a private, suburban school" that isn't religious, "but the prices are too high...
...Cleveland's public schools, only a third of students graduate, and last year the city district--despite spending $8,502 a year on each of its 76,000 students--failed to meet even one of the state's 27 performance standards. The voucher program, which began in 1995, gave the city's poorest parents what wealthier parents already had: the option of sending their kids elsewhere. Today 60% of the 3,761 kids using vouchers come from families with incomes at or below the poverty line, and 96% of the kids who use vouchers go to sectarian schools like...
...after years of getting fat as Santa in December, the nation's retailers are very hungry. Their customers, faced with a slumping stock market, rising energy prices and a crushing debt load, aren't the free spenders who fueled booming holiday seasons past. Psyched out, tapped out and even shopped out--How many cell phones and cashmere scarves do you really need?--they are making this holiday, as a Los Angeles boutique owner puts it, "ho ho hum." "Some CEOs haven't seen it this bad since 1990-91," says Peter Schaeffer, a partner at Ernst & Young...
...according to the International Council of Shopping Centers. Sears has moved its after-Christmas sale to the week before, urging shoppers that this is "no time to fool around." Everyone from the Gap and Victoria's Secret to Circuit City, Wal-Mart and Home Depot is feeling the pain. Even online shopping isn't growing as fast as expected. Last week eToys announced its sales were lower than expected and it may run out of money in the spring. "For the consumer," says Richard Berner, chief U.S. economist at Morgan Stanley, "the negatives are beginning to outweigh the positives...
...years that distinction has gone to the person who (or, in two cases, the object that), for better or for worse, most affected the news and personified what was important about the year. Even had he won a simpler election, Bush would have been a strong contender. He remade and united the Republican Party and defeated a talented Vice President who had the wind at his back after eight years of wallet-popping prosperity. Bush's amiable demeanor tapped into a desire to end years of meaningless partisan rancor. Yet he was also controversial: he became the first President-elect...