Fix a broken system - before we go broke

Article Abstract:

Federal Reserve Chairman Alan Greenspan testified before the House Budget Committee that in 2025, there will be one retiree for every two and a quarter working people in America, if those claiming Social Security benefits in 2008 will be eligible for Medicare three years later. He suggested that Congress should cut benefits for future Social Security recipients as a way to deal with the rising budget deficit.

Legal issues & crime, Government regulation (cont), Government regulation, Executive changes & profiles, Legal/Government Regulation, Officials and employees, Laws, regulations and rules, Beliefs, opinions and attitudes, Greenspan, Alan, United States. Federal Reserve Board, Employee benefits, Chairpersons

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Positively dogmatic on the subject of the federal budget deficit

Article Abstract:

Robert Rubin, Treasury secretary under former US President Bill Clinton has stated that sustained fiscal imbalances are potentially very serious risk and a major concern in case of federal budget deficit. Technological change, terrorism, globalization-related job dislocation has emerged as unexpected concerns, revealing the world's lack of uncertainty.

Forecasts, trends, outlooks, Analysis, Forecasts and trends, Budget, United States economic conditions, Market trend/market analysis, Budget deficits, Federal budget

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Area manufacturing firms learning to deal with China

Article Abstract:

The author examines how Philadelphia area businesses have adapted to international competition from China. Topics include shrinking market share, profit margins, and product pricing.

China, Pricing Policy, Competition (Economics), International aspects, Pricing, Manufacturing processes, Manufacturing, Market domination, Market share, Philadelphia, Pennsylvania, Product price, Profit margins

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