Showing posts with label Social Security. Show all posts
Showing posts with label Social Security. Show all posts
Sunday, March 19, 2017

U.S. Has Worst Wealth Inequality of Any Rich Nation, and It's Not Even Close

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I've discussed the Credit Suisse Global Wealth Reports before, an excellent source of data for both wealth and wealth inequality. The mo...
7 comments:
Monday, January 26, 2015

Greece may be first head-on challenge to Eurozone austerity

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Yesterday Greece elected a new anti-austerity party, Syriza, to lead its next government. New prime minister Alexis Tsipras has pledged to ...
1 comment:
Wednesday, January 7, 2015

New Social Security Crisis Set for 2016

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The House Republicans, in their eagerness to find a way to cut Social Security benefits, on Tuesday passed a new rule preventing the reallo...
1 comment:
Friday, October 17, 2014

U.S. Median Wealth Up from 27th to 25th

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Today Credit Suisse released its Global Wealth Databook 2014 to go along with the Global Wealth Report issued Monday. Global wealth hit an...
10 comments:
Thursday, October 17, 2013

Median Wealth Increases, but U.S. Still Stuck at 27th in World

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The new Global Wealth Report and Global Wealth Databook from Credit Suisse were released last week. According to the Report (p. 3), Glob...
32 comments:
Thursday, October 10, 2013

Governing Through Ungovernability

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It's 2011 all over again. House Republicans are once more threatening to force the country into default by not raising the government...
7 comments:
Friday, September 27, 2013

A $1000/month pension equals $200,000 in savings CORRECTED

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On the road today, but my wife referred me to this article by Lynn Parramore* (originally published here ) on how the 401(k) "revoluti...
5 comments:
Tuesday, June 25, 2013

U.S. Median Wealth Only 27th in World

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As I discussed last week , U.S. median wealth per adult is lower than many other countries. To be exact, it comes in at #27 for 2012, at $38...
56 comments:
Wednesday, April 10, 2013

How High Does Senior Poverty Have to Go?

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It's official: President Obama has proposed cutting Social Security by replacing the program's current inflation adjustment with th...
8 comments:
Wednesday, February 6, 2013

Solutions to the Middle Class Retirement Crisis

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As I have noted in three recent posts , retirement security for those currently or recently in the middle class is no sure thing. 49% of t...
Friday, January 25, 2013

$6.6 Trillion Retirement Savings Shortfall Shows 401(k)'s No Replacement for Pensions

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Last week the Washington Post ran a story on the weaknesses of 401(k) retirement accounts, focusing on the the fact that 1/4 of Americans ...
1 comment:
Sunday, January 13, 2013

US already has high elder poverty rate; how can cutting Social Security even be on the table?

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In the recent debate over the so-called "fiscal cliff," President Obama was reportedly at one point offering to raise the eligibi...
10 comments: