Posts Tagged ‘ medicare ’

Never Retire

Mar 14th, 2011 | By | Category: Economics, Featured, Personal Investing
Before the mid 1950s, there was no “retirement” as we use the term today. A 1950 poll showed most workers aspired to work for as long as possible. Quitting was for the disabled. Life did not offer “twilight years,” two decades of uninterrupted leisure courtesy of the U.S. taxpayer. Just since ...read more


$59 Trillion in the Hole (and Counting)

Jun 1st, 2007 | By | Category: Macro Economics
USA Today is reporting, “Taxpayers on the Hook for $59 Trillion”: “The federal government recorded a $1.3 trillion loss last year -- far more than the official $248 billion deficit -- when corporate-style accounting standards are used, a USA Today analysis shows. “The loss reflects a continued deterioration in the finances of ...read more