Word: pays
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Dates: during 1990-1999
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This has happened without debate or controversy. Where are all the people who have spent the past decades shrieking that the trust fund meant Social Security was self-supporting and that therefore benefits were beyond dispute? The argument was always nonsense. The people paying in money are different from the people drawing it out, so the size of the pay-in says nothing about the justice of the payout. And where are the trust-fund zealots now? If it's immoral bordering on treasonous to raid the Social Security trust fund for other government purposes (though all that means...
...into your 401(k) account to pay current expenses, it will leave you less money to retire on. Why isn't the same true of the Social Security trust fund? First, because as a legal matter, Social Security payments are a government obligation completely unconnected to the size or existence of the trust fund. Congress may amend future benefits, and the size of the trust fund might influence its decision whether to do so. But neither the trust fund's size nor what the money is invested in is affected in any way by the government's non-Social Security...
Take MCI WorldCom's 10-10-220 long-distance service. You pay 99[cents] for the first 20 minutes--a bargain if you talk a lot. But you pay 99[cents] even if you're on the line for just a minute, making that rate one of the highest around. They don't tell you that. Here are some tips to keep your phone bill down...
...desire to work with the underprivileged that got Wu, who took accounting in college, interested in recycling. After spending six years in the U.S. and Japan studying that industry, she returned home in 1989 to find Taiwanese recycling in disarray. National laws required that manufacturers pay fees to subsidize the reuse of materials from such products as bottles and cars. But independent foundations were set up to receive the money, and critics charged that little ever went to recycling firms...
...cheaper but could end up costing more down the road. When Consumer Reports conducted 5-m.p.h. crash tests on a Taurus, the Ford-made bumper suffered minor damage that cost $235 to repair. A generic bumper shattered, causing $1,350 in damages. Until last week, State Farm made consumers pay the difference if they insisted on using original parts. Allstate will pay if you make a fuss; Hartford and Travelers steer clear of most generic parts. --By Julie Rawe