Tag: "finances"

Are Millennials Ready for Social Security Reform?

Government is very good at crowding out private sector activities.  When government borrows, it can cause interest rates to rise and crowd out more productive private sector borrowing.  When government expands welfare programs to help the hungry and homeless, the effect is the crowding out of individual giving to more efficient private-sector programs.  And decades [...]

Nervously Holding Bonds

The stock market is getting a bad reputation these days. It waxes and wanes hour by hour depending on everything from who is elected president to the future of twinkies and cupcakes. Never mind that in the grand scheme of things, individual stock returns are really based on corporate earnings, and never mind that historically [...]

The QE3 Is Sinking and We’re Just Rearranging the Deck Chairs

I could spend this blog post crowing about the Fed’s recent decision to print more money (er…uh…quantitative easing round three or QE3, as it is termed), but since I have found comprar viagra online that I am not alone in my doubts about its cialis in uk effect on the economy, I will instead share [...]

How Are Baby Boomers Spending Their Money?

In an August blog post, I referenced a New York Times Economix blog article highlighting the falling median income among 55 to 64 year olds during the past three years.  One of my blog readers asked me about consumer spending for this age group.  Has it fallen along with income? Alas, my new NCPA study [...]

The Fiscal Cliff? Whatever…

It’s less than four days away from the fiscal cliff.  But unlike the recent Mayan prophecy, the cliff will really happen.  Tax cuts will expire and discretionary spending will be cut automatically.   And of course, we will reach the debt c cheap generic priligy eiling sooner rather than later.   There are many obvious things wrong [...]

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

What the Protests Really Tell Us About Economic Systems

Even Occupy Wall Street cannot fight the inherent need in individuals to prosper from their work, as evidenced by a scattering of news reports and videos. Capitalism, the very system that the protestors are railing outwardly against canadian pharmacy viagra is the system th buy cialis at they appear to yearn for within the OWS [...]

Stocks in 401(k) Plans? Why Not?

A recent article at the Wall Street Journal’s smartmoney.com explains why mutual funds buy viagra without prescription still charge fees, despite the fact that the transaction costs for stocks, bonds and exchange-traded funds (ETFs) are getting cheaper. According to an industry spokesperson, customers are paying for a service they are not receiving from other investments, [...]

Dying in the Harness

The Employee Benefit Research Institute released a sobering report on the state of personal retirement.  According to EBRI, the lowest 25 percent of income earners among baby boomer households would need to work into their mid 80s before 90 percent of them would have an even 50 percent chance of having retirement income to meet [...]

I Could Not Have Said it Better Myself…

In honor of 2010, the Wall Street Journal provides a year-long guide to fixing your finances.  (See article).  While I would normally enjoy pontificating over these common sense steps, I have very little to add here…but..oh wait, I do feel the need to put in a word here about retirement savings. The past couple of years have [...]