Word: surpluses
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...likely to pass Go and collect $200,000. Most claims have to do with a final paycheck you never received, a lost dividend check, a forgotten surplus at your health club. The typical claim paid is less than $1,000. Still, 1 person in 10 owns assets he or she doesn't know about, and if you have moved frequently, your odds are considerably better...
Sadly, all this talk is just that--talk. It is hype created by politicians for the benefit of next year's presidential election. While they may talk about increasing the funding for public education or devoting all of the budget surplus to social security, their actions, like the recent decision to revoke the Glass-Steagall Act, demonstrate that their biggest interest is increasing our country's wealth, or more specifically, the wealth of the nation's top 10 percent...
...imply an unregulated economy. A simple raise of the federal income-tax on the highest tax bracket would take money from those who can spare it and funnel it into public programs that desperately need money. Instead, both Republicans and Democrats are advocating spending much of the budget surplus on tax cuts that largely benefit the country's wealthier half...
TIME Washington correspondent John Dickerson cautions voters to take both candidates' figures with a grain of salt. "The surplus on which Bradley's plan relies is one of the fundamental lies in Washington, and Gore relies on the same lie in his plan," says Dickerson. But, he adds, Bradley has more to lose by campaigning on shaky budget projections, as Gore is part of the Clinton administration (which has trumpeted the surplus), "so you'd expect that charade from him. But Bradley has suggested his is a different type of campaign, that he's a politician of a higher moral...
...budget surplus should go partly to education, Galbraith said, but not in order to increase the long-term productivity of the economy...