The jobs that are coming back are typically lower pay, sometimes lower benefits, than the jobs that were lost.
Somehow this funding issue must be solved either through higher taxes or lower benefits.
But worse for Irish, Spanish, Italian, Portuguese households is that they have already been hit by higher taxes and lower benefits.
FORBES: As G8 Assembles, Are Germans Prescribing 40% Wage Cuts for Spain, Ireland, Plus Greek Exit?
This comes at the expense of other workers, who are forced to accept lower benefits than their contributions would otherwise justify.
FORBES: Why Americans Are Skeptical About Private Social Security Accounts
The plan - which would have led to lower benefits to pensioners and the disabled - had been fiercely resisted by Democrats.
D-grade for what they say is its administrative inefficiency and lower benefits.
Through such accounts, instead of lower benefits, future retirees would enjoy higher benefits than Social Security even promises, let alone what it can pay.
FORBES: Gingrich Schools Santorum And Romney On Social Security
But if the problem is more people, then the answer, really, is higher taxes, lower benefits, more debt or some combination of the three.
But the Willis judgment is still a long way off, and pressure groups will not complain too loudly if the alternative to discrimination is lower benefits.
No one in Social Security is intentionally trying to get any of us to make the wrong decisions or end up with lower benefits than possible.
Some options, the commission noted, could lead to lower benefits.
Under his proposals, those who have been out of work for six months or more will receive lower benefits, paid out over a shorter period 12 months, rather than 32.
According to PwC, the CEOs in Europe were the least confident of short term revenue growth due to the ongoing debt crisis and restructuring of whole societies, getting used to lower benefits.
For example, when you hear news about the election, think about the importance of saving more to make up for the higher taxes and lower benefits down the road, regardless of who wins this November.
"I'm planning for lower pension benefits and higher medical costs, " Mr. Larsen says.
The Bavarian proposes that patients should be able to pay less for health insurance in return for lower basic benefits, buying extra treatment if they need it.
ECONOMIST: The right's Edmund Stoiber launches a chunky manifesto
Ironically, perhaps, the price is higher and the benefits lower the more a country is integrated into world financial markets.
He worries that contractors will choose younger, less experienced workers who they think will work for lower pay and benefits.
For starters, although it managed to negotiate lower wages and benefits from its unionized workers during bankruptcy last year, it did not get meaningful relief from its pension and health care obligations.
Society also benefits from those higher earnings, which result in higher tax revenues and lower payments for unemployment benefits and income support.
But those weren't the only benefits: Lower taxes also drove government revenues up, not down.
Critics say companies hire foreigners because they command lower salaries and fewer benefits than U.S. workers.
The combination of lower taxes and fewer benefits is intended to encourage people to work.
So they would be willing to keep working for a somewhat lower wage for better benefits.
FORBES: Little Firms, Big Mistakes: How Should Small Employers Respond to Health Reform?
Already employers are replacing full time employment with part time employment paying lower wages and no benefits.
Second, any government funding or profits earned must be used to lower premiums, expand benefits or expand enrollment.
Thus, high-earners would still enjoy the benefits of lower rates on their first few hundred thousand dollars of income.
FORBES: Obama Giving Rich Big Wet Kiss With Proposal On Bush Tax Cuts
Companies have begun steadily to realise the benefits of lower fuel costs and have started to convert their fleets.
Romney also benefits from lower tax rates from carried-interest and futures as well.
FORBES: Mitt Romney Is Hardly A Pig When It Comes To Tax Deductions
应用推荐