Word: gap
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...Growing up is an odd, very obscure process. To a non-rower, my musings on the psychological gap between the coach’s launch and a rowing shell will undoubtedly sound like a Hallmark card gone awry. Yet to me, my journey through rowing, progressing from slow, unwieldy, and largely unsuccessful boats on the Schuylkill, to quick, efficient boats on the Charles, to the coach's launch is the perfect metaphor for my journey through life. I've learnt that nothing ever gets any simpler, and experience is the best teacher...
Because states are allowed to use their own exams to meet federal standards, many states have responded by simply making their tests easier, according to the study. The result is a pronounced gap between how students fare on the exams in their home states and how they fare on the NAEP...
...further comforted by the absence of additional attacks on British soil. The fact that many people say they aren't speaks not only of a concern for civil liberties, but of a broader unease that the government doesn't fully grasp the modern terrorist threat. Until that knowledge gap has been filled and communicated, the clampdowns, arrests and pumped-up legislation are unlikely to reverse the continuing sense of anxiety...
...face it--Uncle Sam is broke. The gap between the U.S. government's future expenses and tax receipts is $63.3 trillion. No surprise. The nation has 77 million retiring baby boomers on track to collect well above $30,000 a year--the average amount we're paying today's elderly--in Social Security, Medicare and Medicaid benefits. If you're planning for a cushy retirement, forget it. Get ready for much higher taxes, lower benefits and inflation...
...this glum scenario? To close our fiscal gap, we face a menu of pain: raise income taxes 70%, hike payroll taxes 109%, cut Social Security and Medicare a combined 41%, eliminate 79% of federal discretionary spending, or some combination. Waiting only makes the options worse and could lead to hyperinflation. Countries that can't cover their spending with taxes end up printing money to pay their bills. That leads to runaway prices, sky-high interest rates, a weakening currency and economic decline...