Word: tankfuls
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...Private investment accounts are a terrific idea, if you can afford them and they are carefully regulated. They will provide a higher rate of return than the current system, if the economy doesn't tank (in which case the current system may not make it either). And there are social intangibles that come with ownership. When I visited Chile to look at its privatized Social Security system 10 years ago, I met with formerly radical factory workers who proudly brandished their retirement-fund statements and told me they were now paying as much attention to the business page...
Private investment accounts are a terrific idea, if you can afford them and they are carefully regulated. They will provide a higher rate of return than the current system, if the economy doesn't tank (in which case the current system may not make it either). And there are social intangibles that come with ownership. When I visited Chile to look at its privatized Social Security system 10 years ago, I met with formerly radical factory workers who proudly brandished their retirement-fund statements and told me they were now paying as much attention to the business page...
...thing of the past, and neither feels much obligation to make the relationship permanent. "They're well aware of the fact that they will not work for the same company for the rest of their life," says Bill Frey, a demographer with the Brookings Institution, a think tank based in Washington. "They don't think long-term about health care or Social Security. They're concerned about their careers and immediate gratification...
...they have also expanded their capability to hurt U.S. forces. The suicide bombing of a Mosul mess tent last month that killed 18 Americans may have seized the headlines, but equally disturbing are three roadside bombings in the past week in which two Bradley armored vehicles and an Abrams tank have been destroyed by improvised explosive devices, killing their occupants. Observers believe the insurgents may now be building more powerful bombs in order to tackle U.S. armor...
...independent London-based think tank New Economics Foundation is pushing the implementation of a set of national wellbeing accounts that would tote up life satisfaction and personal development as well as issues such as trust and engagement. The accounts would also include liabilities, such as stress and depression. The logistics won?t be hard, says Hetan Shah of NEF, because much of the data is already captured by the government. In 2002, the Strategy Unit, an internal government think tank that reports to Prime Minister Tony Blair, conducted a seminar on life satisfaction and its public policy implications. Shah says...