Word: burdens
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Dates: during 2000-2009
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...listen to the singing of Mirwais Najrabi, a pale, chestnut-haired 13-year-old. He performs in an open courtyard, under the night sky, to an audience that has endured so much suffering and grief over years of oppression, war and mayhem. Yet for this brief, transcendent moment, their burden is lifted by the exquisite purity of the boy's voice...
What will my Vietnamese hosts think when they see me get off the plane with crutches and a cast? They don't need the burden of a disabled American descending on them--and how am I going to climb over the earthen dikes that I am coming to film...
...amount usually suggested for private accounts—would cut funding for Social Security and create an estimated shortfall of some two trillion dollars. Eventually, this shortfall would have to be covered by raising taxes, cutting benefits, and/or taking on new debt. And, much of that burden would fall on younger workers...
...even the godfather of Social Security himself. In a 1935 letter to Congress, President Franklin D. Roosevelt, Class of 1904, wrote of his hope for the “promises of private investment and private initiative to relieve the government in the immediate future of much of the burden it has assumed will be fulfilled.” Indeed, President Roosevelt unsuccessfully proposed adding “voluntary contributory annuities by which individual initiative can increase the annual amounts received in old age.” Sound familiar? It looks like we are only about 70 years too late...
...adequate standard of living for seniors. Critics of the current system argue something like this: As the Baby Boomers retire, the ratio of working Americans to retirees will steadily decline, from about 3.3:1 today to about 2:1 in the upcoming decades. This will become an unbearable burden on Social Security. As a consequence, privatizers argue that we need to act now: to take advantage of the market, cut guaranteed benefits, and use higher growth rates to compensate so that retirees will receive roughly the same benefits...