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Over the next 75 years, according to commission estimates, Social Security faces a deficit of $1.6 trillion, a byproduct of the "baby boom" generation's reaching its retirement years. One long-term recommendation included in the compromise package would slowly increase the bonus for delaying retirement over a 20-year period, starting...

Author: /time Magazine | Title: Close Call for Social Security | 1/24/1983 | See Source »

...like passbook accounts. Thus the banks are simply paying higher interest for money that they already had. Some institutions are having much greater success than others at attracting new customers. San Francisco's Bank of America, which has offered 11¼% on money-market accounts plus a $100 bonus for deposits of $20,000 or more, reported that fully 50% of the first $4 billion it attracted was "new money" from outside the bank...

Author: /time Magazine | Title: A Big Brawl in Banking | 1/17/1983 | See Source »

...bonus: there are no penalties for wrong answers. The weight of the argument and the heat of the debate are what count now. And of all the people who have floated these questions into the cultural ozone?scientists and sociologists, computer freaks and microchip madmen, quick-buck artists and free-falling futurists?none has kept them aloft for so long, or turned them to such profitable purpose, as Steven Paul Jobs...

Author: /time Magazine | Title: The Updated Book off Jobs | 1/3/1983 | See Source »

...gospel-inspired rock opera at a predominantly blow-dried university become moot. The illusion of Deeper Meaning holds. And in a show which draws about a third of its emotional impact from that illusion and another third from the power of an extraordinarily rich score, such a visual bonus is no small gain...

Author: By Amy E. Schwartz, | Title: Singing His Praises | 12/7/1982 | See Source »

Harvard will certainly have to play hard this Saturday when it takes on unbeaten University of Missouri-St Louis in the quarterfinals But, the Crimson seems to be peaking at just the right time With a trip to Orlando Honda for the semi-finals as an added bonus the playoff magic or "emotional intensity" that seems to come with the passing of Halloween, may be enough to boost the booters over the second-ranked team in the country and keep the tradition of tournament success alive...

Author: By Becky Hartman, | Title: That November Playoff Magic | 11/12/1982 | See Source »

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