The Flooring Twenties?

The Flooring Twenties?

Retirement accounts and Social Security are already taking a beating as the American economy emerges from the ruins of COVID-19. Wednesday it was revealed that Fidelity’s 401(k) and IRA accounts were decimated in 2022 Q2. The average balance of its 401(k) accounts...
Social Security Cannot Survive In Its Present Form

Social Security Cannot Survive In Its Present Form

The biggest political issue over the next fifteen years may be changing conditions that affect how much Social Security can pay. This would include the decline in the ratio of those who are paying into the system to those collecting. Once this was as much was some...
Powell Lectured Congress About The Governments Spending Problems

Powell Lectured Congress About The Governments Spending Problems

Fiscal 2020 started just like fiscal 2019 ended – with a massive federal budget deficit. And that has Federal Reserve Chairman Jerome Powell worried. In an ironic bit of political theater, Powell lectured Congress about the spending he helps facilitate. The...