Word: socialism
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Dates: during 1980-1989
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...many people get to the trailer, feeding rumors about Murphy's Elvis-like isolation. But Townsend, who directed him in Raw, shrugs off the tattle. "If he was alone on a mountaintop reading books about Howard Hughes, I'd worry. But Eddie's no prisoner. He's very social." Nor, he adds, has stardom soured Murphy's work. "Comedy is, after all, timing. And with his career, Eddie's timing has been solid gold...
...whispering that she hopes to become the next Ambassador to the United Nations. At the same conference, Andrew Pierre, a Paris-based defense expert, was the first to ask Dukakis a question. "Andrew shot up out of his seat like a Pershing II missile," a colleague knowingly observed. In social Washington, Hostess Jayne Ikard, who has partied with Reaganauts for the past eight years, has been overheard authoritatively telling friends, "I was born in Brookline...
...Writers of America. Others read him for his human interest: in A Thief of Time, his detective, Joe Leaphorn, is coping with his wife's death and his impending retirement. But Hillerman's most striking virtue is his evocation of the Southwest: the barren, craggy land and the complex social interactions between whites and Native Americans and among mutually mistrustful Navajo, Hopi and Apache. Here the plot centers on traditionalists who want to preserve ancient burial places, anthropologists and archaeologists who seek to study them, and "pot hunters," who pillage the sites for quick profit. Hillerman offers plenty of surprise...
...idea takes some getting used to at first. Social Security is in trouble again. Only this time the problem is not too little money but too much. Thanks to a series of increases in payroll taxes that began in 1984, the retirement trust fund currently takes in $109 million more each day than it pays out in benefits. Federal officials expect the accumulated surplus to exceed $100 billion by December and, in the next 40 years, to mushroom to $12 trillion. Every penny will be needed to pay for the future retirement of today's 24- to 42-year-olds...
...surplus can be invested only in Government-insured securities. So far the trust fund has been used to buy Treasury issues -- in effect, financing part of the federal budget deficit. Legislators, however, have proposed using the money for everything from expanding current Social Security benefits to paying for housing for the homeless. Others clamor for a tax cut. Many Washington watchers fear that the Government will simply fritter away the reserve, leaving nothing to the future. Says Geoffrey Carliner, executive director of the National Bureau of Economic Research in Cambridge, Mass.: "As politicians see the trust fund build...