Trends in Retirement Costs Push Toward Billion-Dollar Bill
Washington reports two trends in military retirement: shorter careers with most leaving after 20 or 21 years and rising retirement costs nearing a billion dollars annually. Defense requests 920 million for next year. a University of Michigan study for the Senate may guide policy. The piece notes military benefits, exchange privileges abroad, and a new handbook encouraging civilian teaching careers for retirees.
MENTIONED IN THIS ARTICLE
Ray Henry Washington
Congress
Defense Department
University of Michigan
Senate Armed Services Committee
Purdue
Duke
Brown
Yeshiva
Catholic U
Washington, D. C
Florida State
Stanford
UCLA
Goldwater Defends Welfare Plan as Personal View
Senator Barry Goldwater says his praise of Newburgh welfare restrictions was as an individual, not a senator, and that press coverage politicized the move. He notes City Manager Joseph Mitchell’s Washington visit was personal, not political. The Newburgh plan to cut relief began July 15.
MENTIONED IN THIS ARTICLE
NEW York (Ap
Barry Goldwater R.ariz
Newburgh
N.Y
New York Times
Joseph McD. Mitchell
Washington, D.C
Goldwater
Mitchell
Washington
Hobbies as an investment by Roger Babson
Babson argues hobbies protect against heart disease and stress, suggesting stamps painting carpentry and crafts as profitable mind diversions. He notes hobby shows, recommends hobby magazines, warns that stock leverage parties cause anxiety, and urges retirees and youths to cultivate hobbies for purpose and health.
MENTIONED IN THIS ARTICLE
Roger Babson
Babson Park
Mass
F.D. Roosevelt
United States
Sir Winston Churchill
South Hill Street
Los Angeles
California
Arsenale of Venice Built a Galley a Day in War Era
The Arsenale of Venice stood as the world’s leading shipyard, turning out a galley daily during the 16th century wars, reflecting its massive production capacity and strategic wartime role.
MENTIONED IN THIS ARTICLE
Arsenale of
Venice
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