Massachusetts may end collective bargaining powers for public unions

Difficult times call for making difficult decisions.  And that’s what the Massachusetts House did recently by passing a bill, by a margin of nearly 3 to 1, to stop public employee unions from collective bargaining on most health care issues.  This caused an uproar among workers and union leaders.  But politicians in this heavily Democratic [...]

Pre-boomers must consider the debt we pass on to future generations

The national debt has increased to more than $14 trillion dollars as of mid-February, 2011. This translates to about $125,000 per US household.  Without serious spending cuts and major changes in the way government handles the money we entrust to it, future generations will drown in a sea of debt, which we created.

 
Those over 65 [...]

Pre-boomers are talking about health care

Over the recent holiday season, I attended many parties and had a number of dinners with friends.  Although I turned 65 several years ago, this was the first time I was aware that the conversations with my peers had moved on to a new list of topics.

 
Just ten years ago, at the turn of the [...]

Raising taxes for anyone is a bad idea

Forget about what the politicians say income redistribution it is classism.  The richest among us already pay a disproportionate share of the taxes with the very wealthiest paying most of all the tax dollars collected by the government.  The recent attempt to increase the taxes on some suggests that the next group of earners might [...]

America is almost broke

Most people know our country is going through difficult economic times, virtually on all fronts.  The worst may be yet to come.  Our debt is unsustainable.  The government can’t stop spending our money.  The recovery is looking more and more like a jobless one.  Inflation, home values and investments are unpredictable.  And, the world financial [...]

PreBoomer Musings - Blogged