The Social Security Trust Funds are estimated to be depleted by 2034. Were they robbed? I've heard a variety of versions of this story. Essentially many believe the Trust Funds were diverted/robbed to pay for other government programs leaving future retirees high and dry. The fact is the Social Security Trust Funds have received every … Continue reading Who Robbed Social Security?
With Republicans winning control of the White House, the House of Representatives and the Senate you can nearly hear chomping at the bit to dismantle the Affordable Care Act, a.k.a. Obamacare. Objections to the law have been loud and unending since it was passed in 2009. Congress has voted to repeal the law in its entirety … Continue reading Dismantling Obamacare: A Self Inflicted Wound
I have always voted as a democrat. I consider myself a left leaning moderate, but the political party quiz put together by Pew Research has me as a very liberal democrat. Take the quiz, and see where you wind up. One of the reasons I appear to be so left wing is that all of the … Continue reading Corporate Tax Rate Needs to Go Down
Have you ever found yourself at the end of the month with more bills than paycheck? Many Americans are in this situation. In fact, all Americans are in this situation if we take collective responsibility for how our government spends our tax dollars. In this election cycle the candidates are handing out plenty of goodies. The … Continue reading Where Do All The Taxes Go?
Yesterday the U.S. Federal Reserve raised interest rates for the first time since 2006. There has been much hand wringing in the financial markets in anticipation of the event, but what does it mean for the Fed to raise rates? The rate that has been changed is the Federal Funds Rate, which is the rate banks pay … Continue reading Fed’s Rate Increases May be Few and Far Between
In the recent Republican debate, the candidates spent quite a bit of time talking about illegal immigration. There was a great deal of support for a wall and increased unmanned and manned patrols. As we know, Donald Trump favors deporting all illegal immigrants in the country today, though he hasn't mentioned how he'll accomplish that … Continue reading We Should be Welcoming Immigrants with Open Arms