Word: paying
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Dates: during 1990-1990
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Those looking to Washington for guidance may be disappointed. As the sordid spectacle of the budget battle and the midterm elections showed, there is still no will in the capital to make hard economic decisions. "How do they ever expect our kids to pay that $3.3 trillion debt?" worries Tom Tenner, a retired appliance-company executive in Houston. "No one seems to care or give a damn. They feel we can borrow forever." Still, the capital is not immune to the jitters. Washington caterers say that guest lists are smaller and there are more lunches than dinners, more wine than...
...cutthroat competition from overseas. "The people who used to scrimp by are just not making it today," laments Jodie Goodwin, who heads a group of Houston social-action church coalitions. "Families that never were at risk before are having to make basic, tough - decisions about which bill to pay: utilities, groceries or rent...
...facing a hollow old age. Charles Thibodeau, 58, was laid off from the James River paper mill in Fitchburg, Mass., last spring -- just 3 1/2 years short of retirement. Although his children are grown, living on unemployment has required some belt tightening. "Not much you can do," he sighs. "Pay the bills. Taxes are going up, and we don't have much money coming in." It makes for a simpler life. "Once in a while we used to like to go out to a lounge and have a few dances, a couple of drinks. Once in a while probably take...
...former President, Richard Berendzen, a $1 million settlement after he pleaded guilty to making obscene calls to a female day-care worker and resigned his post. The deal caused such an uproar that a month later it was rescinded. But Berendzen still gets some $380,000 in severance pay and works as a full professor in the physics department (he's an astronomer) at about $70,000 a year...
Respected for his moderate, practical approach, Alexander will come to Washington with an impressive record of educational reforms. His Better Schools Program in Tennessee -- which features a merit-pay system for teachers, tougher standards for students and more computer, science and math instruction -- has become a national model. The ex-Governor favors deregulation of school bureaucracies to encourage innovation and strongly backs adult education to make U.S. workers competitive again...