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This article illustrates replacement rates using four measures of preretirement earnings.
It is in this alternate universe that the hopes of G-20 enthusiasts reside.
Those hoping for Social Security reform, including reforms based on individual savings accounts, should not make the same mistake again.
The worst part about sequestration is that it would take effect in January 2013 — at the start of calendar year 2013, but three months into the fiscal year. Without the ability to plan in advance at the Pentagon, everything would go to the chopping block in the middle of the annual budget cycle.
As the G20 heads of state ponder policies to support the global economic recovery, they need to recognize that the U.S. consumer is unlikely to be the principle driver of the economy anymore.
So Mitch Daniels is not running for president. That's what I expected--on Tuesdays and Thursday and alternate weekends; on Mondays, Wednesdays and Fridays I was convinced he would run, and on the leftover weekends I was uncertain. Let's review the bidding.
Federal employees on average receive greater compensation than these individuals could receive in the private sector.
Abraham Lincoln was the greatest of our presidents. He saved the Union, which made it possible for him to free the slaves. But he did more than this; without him we probably would have had no reason to celebrate the bicentennial first of the Declaration of Independence and then of...




