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...problem: hordes of retiring baby-boomers, together with slumping tax revenues, have sent Social Security into the red several years earlier than expected. The current economic outlook puts the program’s solvency in jeopardy. So what does Congress do to save us from this impending disaster? The solution is obvious—pass a non-binding resolution...
Under Harvard College’s current financial aid policy, families who make under $60,000 are not expected to contribute at all to the cost of attending college...
...open letter to city councillors earlier this month, vanBeuzekom called on them to justify the votes they cast for mayor. The current election procedure does not require the councillors to give any explanation of their votes...
...world's oil-tanker fleet and nearly 25% of its cargo ships - should also prove immune from the financial maelstrom because of its global reach, according to Theodoros Veniamis, the president of the Union of Greek Shipowners. "Shipping is a cyclical business that operates worldwide," he says. "The current crisis won't have a direct impact." (Read: "Is the Euro the New Dollar...
Given the current economic challenges and political discord, the conventional wisdom might be that the U.S. is in no position to accommodate an additional 100 million people, as it is expected to have to do by 2050, thanks to birth rates and immigration. But Joel Kotkin argues that population expansion can translate into real growth over the next 40 years and can even give the U.S. a leg up on other nations. By 2050, he predicts, America will be more diverse yet also more suburban. Smaller towns will outpace big cities, thanks to widespread telecommuting and the desire for community...