Word: basic
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Dates: during 2000-2009
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...like many other Americans—cannot always find jobs. And food stamps are not only for the unemployed, but also for the working poor, who live barely above the federal poverty line despite full-time work. Low-income parents must often work excessively long hours to maintain a basic standard of living for their families. Even under Bush’s proposal, many immigrants who work full-time will still be denied food stamps simply because they have not met the residency requirement...
...suggested a partial remedy to prevent wage stagnation. It suggested that wages rise with cost of living if there is a bargaining impasse after a union contract expires. However, the value of this recommendation as a policy is limited. The management can still easily coerce workers to sign away basic standards, creating new lower-wage jobs...
...financial woes-workers who audited the company's books for Arthur Andersen, the big accounting firm, received an extraordinary instruction from one of the company's lawyers. Congressional investigators tell Time that the Oct. 12 memo directed workers to destroy all audit material, except for the most basic "work papers." And that's what they did, over a period of several weeks. As a result, FBI investigators, congressional probers and workers suing the company for lost retirement savings will be denied thousands of e-mails and other electronic and paper files that could have helped illuminate the actions and motivations...
...that date. Its workers had destroyed "a significant but undetermined number" of documents related to Enron, the accounting firm acknowledged in a terse public statement last Thursday. But it did not reveal that the destruction orders came in the Oct. 12 memo. Sources close to Arthur Andersen confirm the basic contents of the memo, but spokesman David Tabolt said it would be "inappropriate" to discuss it until the company completes its own review of the explosive issue...
...Says David Certner, chief lobbyist for the American Association for Retired Persons: "In 401(k) plans, we are asking people to take the risk and responsibility for investing, yet we set up this system where we are violating the first basic rule of investing: diversification." Where company stock is a savings option, employees invest almost a third of their assets...