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By Kim Clark and Kim Clark,Staff Writer | April 23, 1992
Marylanders fared worse than the country as a whole, seeing their income adjusted for inflation drop an average 3.1 percent in TTC 1991, according to government statistics. It was the state's worst performance in at least 21 years.The data released yesterday also showed that Americans' buying power fell 2 percent last year -- the first drop in nine years and the biggest decrease in generations -- confirming widespread impressions that this recession has been one of the worst in modern American history.
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NEWS
July 4, 2004
A LEADING consumer confidence index hit a two-year high last week, and polls show that President Bush's approval ratings have been hurt by Iraq but helped by a growing belief that the economy is improving. Certainly, there are more signs of that now than in the first three years of Mr. Bush's administration. The economy has been adding an average of more than 300,000 jobs a month since March, the unemployment rate has fallen over the last year from 6.3 percent to 5.6 percent, and consumer spending set a record in May. All for the good -- but not everything is so good.
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NEWS
July 4, 2004
A LEADING consumer confidence index hit a two-year high last week, and polls show that President Bush's approval ratings have been hurt by Iraq but helped by a growing belief that the economy is improving. Certainly, there are more signs of that now than in the first three years of Mr. Bush's administration. The economy has been adding an average of more than 300,000 jobs a month since March, the unemployment rate has fallen over the last year from 6.3 percent to 5.6 percent, and consumer spending set a record in May. All for the good -- but not everything is so good.
NEWS
January 14, 1994
STUDENTS at Yale University have devised an interesting way to relieve stress during that most dreaded time of college life, final exams. Dressed in little more than their sneakers, a few undergraduate males ran through the Yale library last month shouting "Merry Christmas!" and pelting students buried deep in thought with candy.Streaking on college campuses is really nothing unusual. The University of Virginia and Princeton (home of the infamous Nude Olympics) have long traditions of such naked jaunts.
BUSINESS
By Kim Clark and Kim Clark,Staff Writer | July 23, 1992
Marylanders' total income outpaced inflation for the first time since the fall of 1990, the government said yesterday, sparking some economists to claim the state might be finally working its way out of the recession.A report released yesterday by the U.S. Department of Commerce indicated that total personal income earned by Marylanders in the first quarter of the year was 1.15 percent higher than the total income earned in the previous quarter.That means Marylanders' income was growing at about a 4.6 percent annual rate, which was faster than the current 3 percent national inflation rate.
NEWS
By BEN WATTENBERG | October 2, 1991
Washington--It is useful to understand very simple ideas, even if the manner of their utterance yields giggles, as when President Calvin Coolidge observed: ''When a great many people are unable to find work, unemployment results.''We are more sophisticated these days. We can now put forth, and even measure, another startling formula: ''Recessions push income down and poverty up.'' And so, with appropriate fanfare, the new Census Bureau income reports have been issued. Front-page coverage has sent out the word: The so-called ''official'' 1990 poverty rate is 13.5 percent, up from 12.8 percent.
NEWS
January 14, 1994
STUDENTS at Yale University have devised an interesting way to relieve stress during that most dreaded time of college life, final exams. Dressed in little more than their sneakers, a few undergraduate males ran through the Yale library last month shouting "Merry Christmas!" and pelting students buried deep in thought with candy.Streaking on college campuses is really nothing unusual. The University of Virginia and Princeton (home of the infamous Nude Olympics) have long traditions of such naked jaunts.
BUSINESS
By Kim Clark and Kim Clark,Staff Writer | April 23, 1992
Americans' buying power fell 2 percent last year -- the first drop in nine years and the biggest decrease in generations -- confirming widespread impressions that this recession has been one of the worst in modern American history.And Marylanders fared even worse, according to government statistics released yesterday, as their income adjusted for inflation dropped an average 3.1 percent in 1991. It was the state's worst performance in at least 21 years."This verifies what everybody knew: We were in deep trouble in )
NEWS
By Kim Clark and Kim Clark,Staff Writer | April 23, 1992
Americans' buying power fell 2 percent last year -- the first drop in nine years and the biggest decrease in generations -- confirming widespread impressions that this recession has been one of the worst in modern American history.And Marylanders fared even worse, according to government statistics released yesterday, as their income adjusted for inflation dropped an average 3.1 percent in 1991. It was the state's worst performance in at least 21 years."This verifies what everybody knew: We were in deep trouble in 1991," said Cliff Milligan, an economist who studies Maryland for DRI/McGraw Hill.
NEWS
June 1, 1996
WHILE WE are are not in a position to evaluate all of the assertions made in The Sun's May 13 editorial, the Essex Community College AAUP chapter would like to clarify one point. You noted that full-time faculty are paid at a higher rate than part-time faculty for teaching summer sessions.Under the dictates of board policy and personal professional responsibility, the full-time faculty are charged with maintaining the academic environment of individual classes.Excellence in teaching, the most important function and ultimate goal of the faculty, is supported by many hours spent in committee work, in creating and evaluating curricular programs and academic policy, in counseling students and in individual scholarly pursuits.
BUSINESS
By Kim Clark and Kim Clark,Staff Writer | July 23, 1992
Marylanders' total income outpaced inflation for the first time since the fall of 1990, the government said yesterday, sparking some economists to claim the state might be finally working its way out of the recession.A report released yesterday by the U.S. Department of Commerce indicated that total personal income earned by Marylanders in the first quarter of the year was 1.15 percent higher than the total income earned in the previous quarter.That means Marylanders' income was growing at about a 4.6 percent annual rate, which was faster than the current 3 percent national inflation rate.
NEWS
By Kim Clark and Kim Clark,Staff Writer | April 23, 1992
Marylanders fared worse than the country as a whole, seeing their income adjusted for inflation drop an average 3.1 percent in TTC 1991, according to government statistics. It was the state's worst performance in at least 21 years.The data released yesterday also showed that Americans' buying power fell 2 percent last year -- the first drop in nine years and the biggest decrease in generations -- confirming widespread impressions that this recession has been one of the worst in modern American history.
NEWS
By BEN WATTENBERG | October 2, 1991
Washington--It is useful to understand very simple ideas, even if the manner of their utterance yields giggles, as when President Calvin Coolidge observed: ''When a great many people are unable to find work, unemployment results.''We are more sophisticated these days. We can now put forth, and even measure, another startling formula: ''Recessions push income down and poverty up.'' And so, with appropriate fanfare, the new Census Bureau income reports have been issued. Front-page coverage has sent out the word: The so-called ''official'' 1990 poverty rate is 13.5 percent, up from 12.8 percent.
NEWS
By Robert Benjamin and Robert Benjamin,Beijing Bureau of The Sun | November 30, 1991
BEIJING -- Having stifled potential urban unrest for now, Chinese Communist Party leaders are turning their attention to shoring up their traditional base of support among the more than 800 million peasants in China's vast countryside.Ending a five-day plenum in Beijing yesterday, the party's Central Committee called for stepped-up party-building and socialist education efforts in rural areas, as well as increased investment in rural economic development and critical water control systems.
NEWS
July 23, 1999
CONGRESSIONAL Republicans are struggling to pass a tax cut the economy doesn't need and taxpayers are not clamoring for. With President Clinton also proposing a $250-billion targeted cut, it's clear these proposals are nothing more than the candy politicians love to pass out before elections.The assumption underlying these proposals is that the federal government will realize a $3 trillion surplus over the next decade. While the economy has been performing extremely well for the past nine years, it is presumptuous to assume that the current recovery will last another 10 years.
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