Word: splits
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Dates: during 1990-1999
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...impetus for change is coming from the Advisory Council on Social Security, a group appointed every four years to monitor the system. A formal report isn't due until May, but Senate hearings on the council's recommendations begin this week anyway. Split on the specifics, the 13-member panel is nonetheless unanimous on the need for radical change. "If we stick to the plain old pay-as-you-go system, we'll have to raise taxes or cut benefits," says the group's chairman, Edward Gramlich, dean of the University of Michigan's public-policy school. "Either...
...money. A second group of five panelists, including Sylvester Schieber, a Washington pension consultant, favors a system similar to Chile's. They would allow workers to create personal savings accounts funded with five percentage points of the 6.2% of paychecks currently paid in Social Security payroll taxes. The same split would apply to employer contributions, but the employer's 5% would finance a flat Social Security benefit of about $400 a month in current dollars. The remaining two panelists, including chairman Gramlich, would gradually scale back benefits and create mandatory retirement accounts with a new 1.6% contribution...
...entrance is located in the middle of a long, narrow valley between two mountain peaks. A two-lane road wide enough to accommodate two tractor-trailer trucks side by side runs into the entrance. But less than a hundred feet inside, the two lanes split around a giant rock wall. The lanes rejoin on the other side into a huge chamber for the factory. Other chambers that connect to the main one are being dug. The Pentagon's Joint Special Operations Command, which oversees Delta Force and seal Team-6, studied the Tarhunah layout and concluded that a commando raid...
This expand-and-engulf strategy was perfected by Starbucks, which today has more than 800 coffee bars. The coffee business isn't so perky now, but Starbucks is the king of caffeine, outlasting scads of would-be rivals. Its stock, which sold initially for a split-adjusted $5, now trades at $22. The company is worth $1.6 billion...
...Dunblane murders suggested a split that D.H. Lawrence discussed in his famous meditation on American literature, "Destroy! Destroy! Destroy! hums the unconscious." The killer of children wishes to annihilate the contrary impulse that Lawrence wrote of, the upper consciousness that urges, "Love and produce! Love and produce...