Word: cushions
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...Crimson rode an early 6-1 cushion for the remainder of the contest, relying on a hat trick from Lee and junior Veselin Kulev’s first two career collegiate goals to put the Camels away. Junior John Kolb, sophomores Luka Babic, Kevin DiSilvestro, Evan Zepfel, and freshman Antone Martinho also notched scores in the lopsided contest...
...Jersey governors' mansions, and a day after the Labor Department reported a 26-year record unemployment rate of 10.2%. Preaching altruism in such a climate to politicians bent on self-preservation is tough. In the end Democrats lost 39 of their own - passing the bill 220-215 with a cushion of just two votes, one of those a Republican in a heavily Democratic Louisiana district. (Read "Understanding the Health Care Debate: Your Indispensable Guide...
...Where 401(k)s Go Wrong In theory, 401(k)s should provide much more of a retirement cushion than they do. A 2007 study from the National Bureau of Economic Research (NBER) estimated that, on the basis of historical returns, by 2040 the average 401(k) of a near retiree would grow to an inflation-adjusted $451,944. That money, spread over 30 years, could replace at least 50% of the average retiree's income. Add Social Security and even highly paid workers will probably earn more than 80% of their preretirement income. "The only reason these accounts haven...
...investment fund that would not be tapped for ongoing operational expenses. The fund could be used to help the Chilean economy avoid an economic collapse; when the worldwide financial crisis broke out 18 months ago, the Chilean government was ready with a countercyclical budget—it spent to cushion the downturn and reactivate the economy...
...said. Over the last five years, Chile’s economy has been bolstered by a spike in copper prices. As copper accounts for roughly 16.4 percent of the nation’s GDP, according to the Central Bank of Chile, the government was able to accumulate a financial cushion of around $21 billion worth of savings in sovereign wealth funds and a similar amount in central bank reserves, the New York Times reported. Such financial policies allowed Chile to announce a $4 billion stimulus package this January and provide fellowship funding to Chilean students at several foreign universities, including...