Chicago households are on the hook for more than $145 billion in state and local retirement debts and there are fewer and fewer people left to pay them.
"At a time when some are calling for a complete government takeover of the American health care system, the Medicare Trustees have delivered a dose of reality..."
The latest to fall victims to the constant churn and turnover of Tesla staff are two members of the company's security team and its Director of Manufacturing Operations for the Model 3.
With China reporting blowout economic data, many expected the S&P500, just shy of its September highs, to rise above its all time record some time today. It did not, and traders can blame the creeping threat of socialism for today's market action.
The latest to fall victims to the constant churn and turnover of Tesla staff are two members of the company's security team and its Director of Manufacturing Operations for the Model 3.
Population growth in America has shifted to the elderly, that have very low labor force participation rates. Presently, and for at least the next decade, there is no clear impetus for further growth in employment...
In the next bear market the pension funds that are already wildly underfunded will fall into a financial black hole from which they’ll never be able to escape...
A Solo 401(k) is an incredibly flexible, robust retirement structure that allows you to set aside potentially tens of thousands of dollars of income from a ‘side-business’ each year.
"The first thing you have to do is make up what you lost. And it takes years. And then you have to make up what you didn’t earn on what you didn’t have. It’s a pretty steep climb."
“The first thing you have to do is make up what you lost. And it takes years. And then you have to make up what you didn’t earn on what you didn’t have. It’s a pretty steep climb.”
In what has become just one more example of government intervention going the exact opposite of what socialists intend, minimum wage laws are driving a “payroll tsunami.”