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...position of broad stability 12 months ago to having a hole of $280 billion in their pension plans," says Adrian Hartshorn, a lead analyst on the Mercer report. He added: "People are hurting because of the stock market, and there needs to be a national debate around how people save, in the long-term, for retirement...
...what about that $750 billion we already gave Hank Paulson, the Treasury Secretary, to clean up this mess? Oh yeah, that. Well, that wasn't a stimulus. It was a bailout. Big difference. The purpose of the bailout was to save the financial system from collapse. (And anyway, it hasn't worked.) The purpose of a stimulus is to get the entire economy moving again. Put money in people's pockets and let them spend it. Or, even better, let's spend it together on national projects like fixing the highway system. Bring on the earmarks! Hey, Sarah--where...
...money, it's a real trillion dollars we are talking about spending. Even if we spend the money wisely (on bridges to somewhere), we or future generations will still have to pay it off, with interest. Or, more likely, we will inflate it away, along with the life savings of those who were foolish enough to save all their lives. It's just that the downside of doing nothing is worse. It's an easy choice, I guess. But let's not pretend that it's a happy...
...Post Imagineering's no-frills Christmas recipes, which downloaded to my phone in seconds for 99˘. And though the thumbprint cookies I made from it got rave reviews, it was mildly annoying to have to tap the screen every few minutes to get it out of power-save mode while I mixed, beat and rolled my cookie dough. (See the Top 10 iPhone applications...
...short, we cannot, as Wal-Mart’s slogan urges us, “Save money. Live better.” What is this motto other than a consumerist reworking of “have your cake and eat it, too”? As long as we seek out goods produced on a shoestring budget halfway around the world—with all the waste and human exploitation that entails—there can be no thought of “living well...