Recovery is blanketed by clouds of uncertainty

The longer bickering and hostilities rule in our nation’s capital the longer it will be before America gets down to business.  For months, the economy has tried to struggle back.  The stock market has been up, unemployment has stopped rising, consumers are starting to buy albeit cautiously.  Yet there’s something lacking as this jobless recovery [...]

Change belongs to the people

Every few years the political party not in power promises change if they get elected.  We have heard this rhetoric time and time again at the local, state and national levels.  Often the public votes for change, but when the dust settles everything reverts back to business, make that politics, as usual. 

 
The presidential election of [...]

The Budget, the Deficit and Us

The Federal Government’s budget will be the highest in history, topping $3.8 trillion, while the deficit for this year is pegged at $1.6 trillion for the fiscal year starting in July, 2010.  That’s a long way from where these numbers were 50 years ago when most pre-boomers were in the workforce, or would be soon.  [...]

Is Reducing the Retirement Age to 60 a Good or Bad Idea?

Congressman, Dennis Kucinich (D-OH) recently announced he will introduce a bill designed to create a million jobs for unemployed workers by allowing people who have reached 60 to take early retirement.  The question is, how can adding to the growing roles of those on Social Security and other government-run/taxpayer-funded programs possibly be good for the [...]

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 [...]

PreBoomer Musings - Blogged