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April Culture & Living Tip Sheet

March 31,
2008 --
Tip sheets highlight timely news and events at Washington
University in St. Louis. For more information on any of the
stories below or for assistance in arranging interviews,
please see the contact information listed with each story.


Battling overindulgence

Control the urge to splurge - try dividing things up

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April 15,
2008 -- Dividing items into small portions helps control consumption. Whether it's food or money, people tend to go through things more slowly when the lump sum is partitioned into small portions, according to new research from a WUSTL marketing professor.
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The fragility of the "American Dream"

New research reveals surprising lifetime risk of economic insecurity among Americans

| April 30,
2008 -- Recent economic events have shaken the confidence of many Americans with respect to their ability to achieve the "American dream." "With rising numbers of home foreclosures, job cuts, and loss of savings, more Americans are encountering severe periods of economic risk and insecurity in their lives," says Mark R. Rank, Ph.D., poverty expert and professor of social work at Washington University in St. Louis.
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We haven't yet hit bottom

Recession's root cause is consumer debt, expert says

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March 31,
2008 -- While consumer spending once helped keep the economy healthy, rising consumer debt is the reason it's getting sick. The root cause of the current economic slowdown in the U.S. goes back several decades, according to an economics professor at Washington University in St. Louis.
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