Word: representive
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Dates: during 1980-1989
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Because social security benefits are paid directly from current tax receipts, future benefits do not represent money in the bank, he said. The idea is that while private savings and future social security benefits serve the same function for individuals, they have different effects on the economy.
They note that most saving during the decade before the war was not done with the expectation of receiving benefits upon retirement. These expectations of retirement benefits are a fundamental assumption of Feldstein's "life cycle" model. Moreover, they say, the Great Depression and the war represent abnormal periods for...
The Administration reacted with alternating doses of vehemence and guarded flexibility. Speaking to the Council on Foreign Affairs in Austin, Vice President George Bush declared that Ortega's suggestions "do not appear to represent significant moves." Bush warned that if the U.S. failed to aid the contras, "we run the...
From the viewing audience (65 million in the U.S. alone) to its stars (Tina Turner, Bruce Springsteen), nearly everything about last week's Grammy Awards ceremony was oversize. The whole business, in fact, is Big Enterprise at work. About 85% of the U.S. record industry is controlled by six mega...
"Pete had a chance to represent the United States in international competition. It I was in his position, I would have done the same thing said junior Lats Reterson.