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Furthermore, it is misleading to cite the short-term increase in government borrowing—the “transition costs??—as a downside to PRAs. Government borrowing hurts the economy because it saps funds from the supply of national savings and thus raises real interest rates, which crowds out private investment. But every dollar the government borrows is transferred into PRAs, which increases the supply of savings by an equal amount. The net effect on national savings is zero...

Author: By Mark A. Shepard, | Title: FOCUS: Bullish on Personal Accounts | 4/4/2005 | See Source »

...students, it’s a win for the colleges, it’s a win for the taxpayers, and it’s obviously at a critical time,” Kennedy said, adding that the STAR act responds to an “explosion of costs?? for higher education...

Author: By Javier C. Hernandez, CRIMSON STAFF WRITER | Title: Kennedy Spearheads Loan Initiative | 3/16/2005 | See Source »

Nevertheless, the primary message of Harvard’s adoption of the sustainability principles is: To a degree far beyond what is currently actualized, environmental stewardship and cost-effectiveness are mutually reinforcing. There is still the question of those small up-front costs??which, surprisingly, tend to be not for materials but rather for sustainability research and planning, which cannot be fully funded through reinvestment of cost savings. We will need investments in rigorous research into innovative planning and design alternatives on everything from renewable energy to on-site water treatment...

Author: By Zach Liscow, | Title: A Sustainable Allston | 10/17/2004 | See Source »

These earnings, as well as all SUP-wide fundraisers, will pay for shared costs??like counselor training—and be split among the camps “on a per camper basis,” writes Garcia in an e-mail...

Author: By Sara E. Polsky, CRIMSON STAFF WRITER | Title: PBHA Raises Funds for Camps | 4/30/2004 | See Source »

...Medicare shows that anti-government conservatives are dead wrong on healthcare. Medicare spends 2 to 3 percent of its budget on administration, compared to nearly 10 percent in the private sector. Far from being a massive government bureaucracy, Medicare is a relatively efficient program that avoids many of the costs??like marketing and profits—that divert money paid into private health insurance companies from going towards quality care. Medicare has also led the way in developing techniques to control increasing healthcare costs. Before most private insurers had any idea what to do about rising healthcare costs...

Author: By The Crimson Staff, | Title: How to Medicate America | 3/25/2004 | See Source »

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