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...have a huge group of retiring baby boomers and not enough replacement workers," says Joan Carter of the Life Options Institute, an organization dedicated to helping people plan for life after age 50. The Department of Labor projects a labor shortage by the year 2010, with fields like education, health care, engineering and nursing set to suffer from a scarcity of workers. In a way, it's two negatives - boomer financial woes and a coming labor shortage - adding up to a positive, which is more boomers continuing to work and shoring up their savings. It could lead to a happy...

Author: /time Magazine | Title: Financial Woes Force Boomers to Work Longer. That's Good | 11/18/2008 | See Source »

Environmental concerns dominated discussion at last night’s Cambridge City Council meeting. If all goes as planned, solar power will soon be beaming in to Cambridge’s Andrew Peabody School, City Manager Robert W. Healy said at the meeting. The city is seeking a Clean Energy Choice grant from the Massachusetts Technology Collaborative, a state agency that promotes development of green energy. The grants, which will be awarded next May, allot a minimum of $100,000 for renewable energy and energy efficiency measures in municipal buildings that serve low income residents. The Peabody school qualifies...

Author: By Sarah J. Howland, CRIMSON STAFF WRITER | Title: City Council Seeks Clean Energy Grant | 11/18/2008 | See Source »

...last Thursday, economics professor Kenneth S. Rogoff said in an interview, “Anyone looking to the G-20 this weekend for salvation wasn’t going to find anything in the way of immediate change.” Though the leaders did not develop a concrete plan to solve the economic crisis, they agreed that they would work to stimulate their countries’ economies and stabilize financial markets. According to Rogoff, the statement put out by the G-20 after the meeting reflected both the United States’ desire to maintain open markets and Europe?...

Author: By Lauren D. Kiel, CRIMSON STAFF WRITER | Title: Former IOP Director at G-20 | 11/18/2008 | See Source »

...means a panacea—not every infrastructure project is suited for collaboration between the private and public sectors and there are other proposed solutions, like increased tolling, congestion pricing, encouraging reduction of demand, or a national infrastructure fund to be bankrolled by ending the Iraq War (the favored plan of Obama)—it has already proven to be a useful option in solving a giant problem that receives an absurdly low degree of attention commensurate with how many people are affected every day. Although both presidential nominees made reference to the infrastructure crisis in speeches, neither...

Author: By Dana A. Stern | Title: Rebuild from the Roads Up | 11/18/2008 | See Source »

...their effort to sway at least a few Republicans, Democrats did take some of their concerns into account - including demands for long-term financial plans from loan recipients, increased oversight and taxpayer protections. But for most Republicans the moves don't go far enough. The GOP is asking for assurances that the taxpayers will be repaid - like the assurances given by the banking industry - and for a commission to ensure that the money is spent wisely, especially since all three companies are already so deep in debt (GM alone owes $48 billion). To that end, the GOP wants a change...

Author: /time Magazine | Title: Why the Dems' Drive to Aid Detroit Is Stalling Out | 11/18/2008 | See Source »

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