Social Security Faces Long Term Financial Strain
Babson Park analysis argues the system is not retirement insurance, with only about 5 percent reserve against roughly 400 billion in obligations. Benefits have grown as more people join, but return on taxes paid has declined. The piece urges flexible funding, earlier retirement protections, and warns of looming shortages after 2000 as baby boomers retire. It notes demographic shifts and productivity trends threaten solvency, contrasting private insurance options as better value for younger workers.
MENTIONED IN THIS ARTICLE
Babson Park
Mass
Uncle Sam
America
Unique School Helps Multi Handicapped Children
New York AP reports on a two year old Queens facility helping 19 blind brain damaged or mentally challenged students through operant conditioning. Each child has tailored goals with one teacher per pair, seven minute sessions, and rewards like candy or praise to reinforce learning.
MENTIONED IN THIS ARTICLE
Roberto
Association For the Advancement of Blind Children
Borough of
Queens
Robert Pryor
Columbia University
Pryor
Debbie
Shelley
Area Men On Training Cruise
Midshipmen Thomas R. Ducher of Biddeford and George A. Durfee of Old Orchard Beach left Tuesday for New York to board the cargo ship Marmac Isle sailing for Cape Town South Africa by way of Montreal and the Great Lakes. The cruise will constitute four months of sea time as part of their Cadet training program. Both cadets are finishing their sophomore year at the Maine Maritime Academy Castine.
MENTIONED IN THIS ARTICLE
Thomas R. Ducher
Biddeford
George A. Durfee
Old Orchard Beach
New York
Cape Town
South Africa
Montreal
Great Lakes
Maine Maritime Academy
Castine
School’s Role Turns Shelley's Life Into Light
Mrs Irving Rosen, executive vice president of the association, recalls a time when her daughter Shelley wasn’t welcome at home. Now Shelley has grown into a personality and a contributing member of the household, reflecting the school’s impact on the family.
MENTIONED IN THIS ARTICLE
Shelley
Irving Rosen
Association
Notable quotes on Lincoln Proclamation ownership and odd facts
The text notes the original Emancipation Proclamation still exists and is owned by New York State. It recalls Henry Ford winning six cents in a libel suit, and reports bamboo in Ceylon growing up to 16 inches in a day.
MENTIONED IN THIS ARTICLE
Abraham Lincoln
State of
New York
Henry Ford
Ceylon
Also Mentioned on This Page
Social Security
U.S. Treasury
Pecos County
Unique
Market St
Portland
SAT & Sun
Usda Choice
Remar
Remar’s
Main St
York County Savings Bank
Federal Deposit Insurance Corp
American Motors
New England
Mexico
Rambler American
REBEL
AMX Showroom
Ambassador
Portland Rd
Kennebunk
Main Street
NAMCO
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!