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Finding hidden positives
TEMPE, Arizona. Edward C. Prescott stands quickly, walks to his blackboard, and writes an equation for growth. The last item in the equation is "plus residual." He underlines it with his chalk. The word "residual" is to economists as dark matter is to...
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Feb 26 2006, 04:57 PM
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Is Social Security Paying For The Tax Cuts?
Q. Are the Bush tax cuts being paid for with Social Security funds? ---E.S., by e-mail A. Yes and no. Let's follow what happens to payroll tax revenue. Since the Social Security reform of 1983 payroll tax revenue has exceeded Social Security benefit payments...
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Mar 18 2004, 11:54 AM
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Sometimes You Need to Forget About Calculations
Q. My wife and I are 33 years old, and are tentatively planning on "semi-retiring" in the next year or two. By that I mean we will quit our professional jobs, move somewhere pleasant (maybe Colorado or Wyoming) and work jobs that are more laid back, from...
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Sep 28 2000, 10:52 AM
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