Word: reliefs
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Dates: during 1970-1979
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...transition from secret dread to relief was not abrupt...
...oldtimers can also reduce the "piggyback problem": too few productive workers supporting too many nonproductive people. By staying at work, the older people would provide some relief for the overburdened, near-bankrupt Social Security system. Otherwise, that tax load could become intolerable. At present there are 30 Social Security beneficiaries for every 100 workers; early in the next century it is expected that there will be 52 recipients for every 100 workers. But Social Security officials caution against expecting more than a "minor" impact on the system from having the old work longer...
...Relief...
...that he has had a chance to savor the life of pensioned leisure (his after-tax income is roughly the same as his take-home pay the year before), Kuechenmeister finds the ordeal not only bearable but downright pleasant. "It's a relief to be retired," he admits in almost surprised tones. "I'm satisfied. I'm happier not working than I was working. The tensions are gone. If I want to stay up to midnight to watch a football game, I don't have to worry about getting up the next morning...
...turned inward to their neighborhoods, which had always been strong, for support. As steadfast as these people were, however, they were under constant attack from the rising tax rate, the rising crime rate, the overcrowded schools, and the overall unwillingness of the state or federal government to provide real relief. As a result, they lost confidence in all levels of government including the courts. Meanwhile Boston continued to slide toward the abyss...