Word: benefited
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Dates: during 1990-1999
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Putting an end to the exclusion of women would also benefit the clubs. Female members would broaden the social and intellectual horizons of members, not because they are brighter but simply because they are different. And there must be some men among the final clubs' members who, at least secretly, deplore their club's discrimination in membership men who have learned the lessons Harvard teaches--and these men could set their scruples at ease by admitting women...
...estimate is that under present tax and benefit schedules, the Social Security system would plunge $6.9 trillion into debt between 2014 and 2034. If that is accurate, Clinton's 1999 budget proposals, which are supposed to pump $2.7 trillion into Social Security during the next 15 years, would close less than half the initial gap. Further reforms would be needed to keep revenues in balance with payouts after 2034. Also, the present system contains some glaring inequities that ought to be corrected--at the cost of making the fiscal gap even wider. No one proposal will probably come near...
...Senate bill written by Democrats Daniel Patrick Moynihan of New York and Robert Kerrey of Nebraska would allow workers to divert 2% into investment accounts but would lower guaranteed benefits to what could be financed out of the remaining 10.4%. Feldstein has an even better idea: keep present tax and benefit rates but have the government deposit into individual accounts an additional 2% of each worker's earnings, up to the prescribed annual taxable limit. On retirement the worker would repay Uncle Sam $3 of every $4 he or she had in the account. Taxpayers under this scheme might earn...
STOP SHORTCHANGING WORKINGWOMEN. Social Security is a rare if not unique institution that pays cash for housework and mothering. It pays a wife a benefit at least equal to 50% of her husband's, even if she never worked outside the home or paid a penny of Social Security tax. But women who worked on and off at low-paying jobs, as all too many in the generation nearing retirement age have done, receive pensions no higher than the stay-at-home moms. In effect, the Social Security taxes these workingwomen have paid earn them nothing...
...stars, no premier playwrights, no float-out-of-the-theater magic. Some days that may be true. But last Monday a few dozen eminences from movies, TV and even the stage convened at the Broadhurst Theatre for a little old-fashioned dazzle. The occasion was a benefit called "The Playwright's the Thing," an evening of skits and play excerpts by three superb American comic dramatists: Christopher Durang, Terrence McNally and Wendy Wasserstein. The event, of which TIME was the presenting sponsor, raised money for Broadway Cares/Equity Fights AIDS, a charity that helps theater people with AIDS. The evening also...