Word: paid
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Dates: during 1980-1989
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...retirement age who has contributed to the system for a minimum number of years, regardless of how much other income they receive. These benefits are financed by payroll taxes on workers currently in the work force. That is, retirees are not just getting back money that they have paid into a trust fund. Social Security is not a savings plan, but a massive intergenerational transfer of wealth...
...reality, all current retirees get far more back in benefits than they paid in. The average Social Security recipient gets back his or her entire contribution, plus the employer's matching contribution, plus interest in less than four years...
...entire concept of our Social Security system is fundamentally flawed. What we need is a program to insure the elderly against financial need. If you're 65 or older and have financial need, the government sends you a check. Simple as that. This program should be paid for by increasing income taxes on the middle and upper classes and taxes on corporate profits...
...time warp, perhaps in the decade of the 1820s, when subsistence hunting was an important food source for most families. Bears, these days, behave like large raccoons. They are smart, cute, hungry corn thieves and garbage raiders, happy in the suburbs and virtually harmless. Last year the state paid less than $7,000 to corn farmers because of bear damage. This is a tolerable figure. It would cost more to keep a bear in the zoo. A citizen determined to be grumpy might reflect that while the last recorded human fatality from a bear attack in New Hampshire...
...comes amid a surge of Japanese investment fueled largely by Tokyo's $52 billion trade surplus with the U.S. In September Sony agreed to acquire Columbia Pictures Entertainment for $3.4 billion. And just three days after the Rockefeller Center sale, a consortium led by Japan's Mori Building Development paid $300 million for 85% of Houston's Four Oaks Place office center...