Word: 20s
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...Bush told TIME last month, "is to make sure everybody understands we have a problem." The President last week surrounded himself with citizens ranging from children to an 80-year-old and warned that the Social Security system will be "flat bust, bankrupt" by the time workers in their 20s retire. As early as 2018, Bush said, "you're either going to have to raise the taxes of people or reduce the benefits." At another appearance intended to promote federal standards for testing high school students, Bush went off script to warn a group of teenagers, "The system will...
...sociologists, psychologists, economists and others who study this age group have many names for this new phase of life--"youthhood," "adultescence"--and they call people in their 20s "kidults" and "boomerang kids," none of which have quite stuck. Terri Apter, a psychologist at the University of Cambridge in England and the author of The Myth of Maturity, calls them "thresholders...
...society defines an adult is as a person who is financially independent, with a family and a home. But families and homes cost money, and people in their late teens and early 20s don't make as much as they used to. The current crop of twixters grew up in the 1990s, when the dotcom boom made Internet millions seem just a business proposal away, but in reality they're worse off than the generation that preceded them. Annual earnings among men 25 to 34 with full-time jobs dropped 17% from 1971 to 2002, according to the National Center...
...Fernández said that four of the disco's six doors had been wired shut, snaring the mostly young clubgoers in what he called "a mortal trap." Fernandez also warned that the death toll was likely to rise. Thousands of people, many in their teens and 20s, had packed into the Cromagnon Republic disco to celebrate the end of the school year. The Argentinean rock band Los Callejeros was playing when the fire broke out. City authorities said they could not confirm the cause of the blaze, but a number of witnesses said that it started when...
...Jonah has been a global citizen since he left his native Ghana in his early 20s to study mining in Wales and then work in the mines in Australia. As head of Ashanti Goldfields, the gregarious Jonah helped steer Ghana's biggest company through the rocky waters of international expansion, spreading Ashanti's businesses across Africa. In 1996 Ashanti became the first African operating company listed on the New York Stock Exchange. This year, it finalized its sale to South African behemoth AngloGold to create the world's second biggest gold miner, AngloGold Ashanti. There have been setbacks...