Tag: "debt"

Measuring Poverty

Special blog post by Lewis Warne, an NCPA research associate. In 2011 Congress online canadian pharmacy no prescription defunded the Supplemental Poverty Measure (SPM, an). The SPM is an alternative to the Official Poverty Measure (OPM) that has been used since the 1960s.  The goal of the SPM is to provide a more comprehensive picture of poverty [...]

Seniors Living on Borrowed Money

Special blog post by Lewis Warne, an NCPA research associate. More than half a century ago, the elderly were more likely to live in poverty than any other age group.  Thankfully, that has changed, and the poverty rate for people aged 65 and over was less than 10 percent in 2010. Sadly, however, more elderly [...]

The Second Debate and the Real Jobs Question

Last night’s debate left me a bit queasy.  It wasn’t Candy Crowley’s implicit cheerleading of the president or her incorrect “correction” of Mitt Romney on the Benghazi question.  Nor was it the fact that both candidates were interrupting each other so often that few coherent messages made their way to viewers.  It was the first [...]

Earth to Congress: The Fed Can't Fix This

Today's Wall Street Journal highlighted the often-ignored plight of the U.S. fiscal cliff buy viagra online . Beginning in January 2013, $1.2 trillion viagra no prescription of automatic, across-the-board cuts in discretionary spending will take place over 10 years, as directed by the congressonional “supercommittee” last November (yawn…remember them?). Of course, there is still time [...]

Interest Rates…the Good, the Bad, and the Ineffective

win men If Dr. Phil were an economist, he might ask the question, “How are those interest rates working for ya?” It seems that low interest rates are quite the mixed bag these days. And several different takes on them just happened to appear in three news articles today. First, the good news – sort [...]

How to Help the Poor

Using a new measure of poverty which adjusts for area costs of living, in-kind benefits, health care costs and other factors, the Census Bureau released a new report today (reported

The Rest of the Retirement Story

Another sobering article about retirement, or lack thereof: Households that expected to find retirement just around the levitra online corner will have to work longer. The main reason? Debt, debt, and more debt: mortgages, home equity loans, kids’ college expenses and credit card debts are saddling 60- to 64-year-old households who expected their retirement-age years [...]

Households are Richer in This Economy?

It is refreshing to see a light at the end of the stock market tunnel…household wealth rose 3.8 percent during the last three months of 2010, says the Dallas Morning News, (“Stocks Lift Household Wealth as Debt Falls).  This was in part due to the rise in stock prices.  I recall back in late 2008 and [...]

Reality Check for Boomers

In my last blog, I mentioned the sad state of affairs for many of those in their 60s who are on the verge of retirement, or at least who would like to retire soon.  The Wall Street Journal's recent article, “Retiring Boomers Find 401(k) Plans Fall Short” (link no longer available) reiterates the case.  According to a [...]

Debt is Booming Among Baby Boomers

Decades ago, it was assumed that households approaching retirement did so with little or no debt. By the time the AARP membership cards began arriving in the mail, the mortgage was paid off (or very close to it), the kids had grown up, attended college and moved out, and there were no more child rearing [...]