Word: returner
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...Altman is not alone. Teresa Ghilarducci, an economics professor at the New School, has proposed a plan in which the government would divert 5% of everyone's wages. In return, you would be guaranteed in retirement a check for 26% of your final salary every year until you died. Altman would also like to expand Social Security to pay an additional 20% of workers' final pay. It's unlikely Congress would go for that at the moment...
...coming. First of all, given the market carnage, there is some backing for the idea - not to mention anger and disappointment among retirees who can't really retire. Recent opinion polls show that people would be willing to give up the flexibility of a 401(k) for a guaranteed return. What's more, the fact that ERIC supports a guaranteed plan is encouraging. "Whether the 401(k) is a perfect plan or even the right plan is something that is being questioned in Congress," says Democratic Representative George Miller of California, chairman of the House Education and Labor Committee. "When...
...have surely endured the horror stories secondhand. If you're grumbling now, consider that airline performance has been above par - if far from stellar - since travel dropped sharply amid the economic downturn and that both ticket prices and congestion are expected to spike when the staycations end and customers return to the skies. A new report from the Brookings Institution puts air-travel trends into perspective. The U.S. air-traffic system relies on 26 metropolitan hubs to ferry nearly 75% of domestic passengers. Twenty of these are also arrival points for 94% of international visitors. Funneling flights to these bottlenecks...
Offensively, the Crimson already has an advantage when compared to last week. Senior wide receiver Matt Luft, junior running back Gino Gordon, and freshman running back Treavor Scales will all return to the field on Saturday after missing last week’s game...
...point Obama should make more often. And he might want to add that a return to the Republican approach could win Daily Kos a Nobel Prize...