Retirement: Sitting on a One-Legged Stool

fdr social security agency

Vivian Rothstein: According to the American Association of Retired People (AARP), a frightening 35 percent of Americans over 65 currently rely only on Social Security (an average person gets benefits of $14,000/year) to survive.

Well-To-Do Americans Getting More Benefits than the Poor

rich-and-poor-wide

Sherwood Ross: All the Federal welfare checks, food stamps, and unemployment benefits don’t begin to add up to the more than $1 trillion in indirect tax breaks awarded annually to America’s middle- and upper-classes.

Why Growth Is Good

double dip recession

Robert Reich: If governments keep hacking away at their budgets while consumers almost everywhere are becoming more cautious about spending, global demand will shrink to the point where a worldwide dip is inevitable.

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