Word: wealthier
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Still, the slowdown seems certain to take a toll on the economy. Housing activity accounted for a full percentage point of last year's 3.5% GDP growth. Psychologically, rising home prices have made homeowners feel wealthier--just as stock prices did in the dotcom boom--boosting consumer confidence and spending on everything from cars to restaurant meals. Those rising prices, along with low borrowing costs, led homeowners to cash out a record $450 billion in home equity in 2005--money pumped into the economy. Rising interest rates have clogged that artery. And each month millions of homeowners have to write...
...Like every other U.S. school district, Shawnee gets no more than $2.34 per day per child from the Federal Government to provide lunch to the poorest kids. The state of Oklahoma kicks in an additional half a cent per head. The rest of the budget must come from wealthier kids who choose to buy school lunch and snacks...
...college, the lower will be the ratio of females to males even if admissions were on a gender-blind basis,” said Goldin. The reason for this is that the most dominant female-to-male ratios occur among lower socioeconomic status families, while the ratio among wealthier families is more balanced. Katz said that “since Harvard tends to draw from the higher part of the [socioeconomic status] and high school performance distribution [this] would mean even with gender-blind admissions policies that Harvard would tend to have a lower female share than a typical elite...
Still, "Whole Foods is not for everybody. Hey, we get that," Robb admits. When site searching for a new store, Whole Foods limits itself to areas with college-educated inhabitants, which translates to wealthier neighborhoods and university towns. "People who understand why they might not want to eat food with pesticide or why organic might cost more, or who are aware that 90% of American beef contains hormones and what that means," Robb explains...
...proponents of the Gift campaign determine is that the amount of money donated via Senior Gift doesn’t really matter. In fact, it does. A $250 donation can—no surprises here—buy more Erlenmayer flasks than the minimum $10 donation. If a wealthier Harvard is objectively a good thing, then so is encouraging seniors who can afford it to donate proportional to their means. But no proponent of Senior Gift can legitimately claim that the withholding of a single $10 donation will materially hurt Harvard. And no detractor can feign great enough financial distress...