High unemployment hurts everyone.

The jobless rate reached 10.2 percent as October ended, marking the highest level of unemployment in nearly three decades.  Percentages are just statistics; the reality is there are 15.7 million men and women who want to work but cannot find a job.  Add to this the underemployed, those who are working part-time even though they [...]

Government fast-track spending must be derailed.

Watch out when elected representatives and political appointees use statements such as: “stimulus,” or “we can’t afford to wait,” and “for the good of the country.”  These translate to: “spend,” or “spend immediately,” and “spend more.”
Some people contend we can spend our way out of financial trouble, although I’ve never heard of any family or [...]

Is the government signaling pre-boomers that more bad news awaits us?

Pre-boomers (those born between 1930 and 1945) are about to become big losers with no cost of living (COLA) increases in Social Security next year, a cost increase for Medicare Part B and the Medicare Advantage program set to be slashed by $100 billion. It seems as if the “Forgotten Generation” is about to become [...]

Are You Getting the Most Out of Retirement?

Pre-boomers, those of us born between 1930 and 1945, seem to have done a pretty good job of planning for the “Golden Years.”  We saved, because our parents, who endured the depression, taught us to.  We were on the receiving end of the many years of economic growth this country experienced.  And, we invested those [...]

Will Your Favorite Charities Suffer if Universal Health Care Becomes a Reality?

Americas are the most generous people on earth. We donate time and money to folks needing a helping hand and support charities working on their behalf. But some government programs are changing the way we give. For instance, “Cash for Clunkers” has reduced the number of vehicles received by organizations using cars [...]

PreBoomer Musings - Blogged