Criticism of Chilean savings plan III-founded."Private Savings Accounts Savings Account A deposit account intended for funds that are expected to stay in for the short term. A savings account offers lower returns than the market rates. Notes: have made young workers who pay into the system better off, for the simple reason that their investment earns a tidy return, something not possible with a [U.S.-like] system that merely transfers income to seniors from working persons." Wall Street Journal columnist columnist, the writer of an essay appearing regularly in a newspaper or periodical, usually under a constant heading. Although originally humorous, the column in many cases has supplanted the editorial for authoritative opinions on world problems. Mary Mary, the mother of Jesus Mary, in the Bible, mother of Jesus. Christian tradition reckons her the principal saint, naming her variously the Blessed Virgin Mary, Our Lady, and Mother of God (Gr., theotokos). Her name is the Hebrew Miriam. Anastasia O'Grady defended the Chilean system that, since 1981, has given participants an average 10 percent annual return and helped fuel the nation's economy that has produced the highest growth rate in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. over the past 20 years. |
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