Word: jyoti
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...living adjustments don't reflect looming shocks, like the $78 billion cumulative deficit that state governments will soon be making up with hikes in taxes and fees. For many workers, those added expenses will swamp their usual 1% to 2% raises--if they get any raises at all. --By Jyoti Thottam...
...those with jobs are doing pretty well. Wages are growing 3.4% a year, thanks partly to productivity gains, estimated to be 2% this year. Jobs always return after a lag--and this time will be no exception. --With reporting by Jay Carney and Adam Zagorin/Washington and Barbara Kiviat and Jyoti Thottam/New York
...should go up and whose should come down. But as April 15 approaches, many frustrated Americans, especially small-business owners, would be thrilled if someone just made the tax forms easier to file. As Congress weighs the impact of the controversial tax cuts proposed by President Bush, TIME's JYOTI THOTTAM asked a group of tax-policy experts to move beyond the current debate and imagine a simpler, more efficient federal tax system. Our Board of Economists--David Bradford of the Woodrow Wilson School at Princeton University and New York University School of Law, Philip Jefferson of Swarthmore College...
...live. By fighting to end chronic homelessness, the Bush Administration argues that we need to give houses to those who are incapable of providing for themselves. The others will have to weather the storm in a shelter, if it can be built fast enough. --Reported by Simon Crittle and Jyoti Thottam/New York, Laura A. Locke/San Francisco, Deborah Edler Brown and Margot Roosevelt/Los Angeles, Tim Padgett/Miami, Melissa August/Washington, Adam Pitluk/Dallas, Greg Land/Atlanta and Matt Baron/Chicago
...never been done before." Of course, fast results aren't always the kind you want, Mellor says, explaining her choice of China over India for producing that C.T. component: "It's a great example of not making the short-term play for a higher profit margin." Class dismissed. --By Jyoti Thottam/Milwaukee