If we had been able to hold the unemployment rate to its pre-recession level, we would have somewhere around 12-percent fewer people getting disability payments. In other words, we are likely to do more to reduce disability rolls by sustaining high levels of employment than by setting Rand Paul loose to get rid of all the shirkers.
Reaganomics, the plot to appease the rich and condemn the rest, got its comeuppance last week in President Obama's State of the Union speech. The president asked: "Will we accept an economy where only a few of us do spectacularly well?"
The president's proposal is fantastic, really. But this is not enough. Helping workers to invest these accumulated assets and then to withdraw sensibly at retirement are two other big problems, which the president didn't touch.
This demographic trend combined with longer life expectancies due to medical advances and a historically low birth rate have helped to create a perfect storm for potential future insolvency.
Leverage is why we bought the house, especially if some of us didn't plan for retirement, as we should have done. If you're not leveraging it, that equity has no value.
Although a lot of us may try to forget our age as the years go by, when it comes to reaping the financial rewards of getting older, you're wise to keep certain age-related milestones top of mind.
On the first day of the 114th Congress, the Republicans in the House of Representatives made an unprecedented change to their rules that puts Social Security recipients at risk of receiving unnecessary cuts to their benefits.
You've heard about boomerang kids -- adult children in their 20s and 30s who have returned to live in their parents' homes. Well, get ready for boomerang parents, formerly independent middle-aged people who -- 10, 15, 20 years hence -- will have no choice but to move into their adult children's homes because they cannot afford to maintain their own.
The U.S. Constitution calls for a State of the Union Address. It doesn't call for fact checkers on these, but they exist anyway. Do they show that U. S. Presidents lie, or do they find that they generally tell the truth?
As many of us fight today for an increase in the minimum wage, an end to job discrimination, including that based on sexual orientation, full employment, and an end to poverty, we are continuing the struggle for which Dr. King gave his life.
The GOP and its allies on the far right have been engaged in a prolonged campaign of hysteria-mongering designed to convince the American people that Social Security's disability insurance program is riddled with fraud.
Welcome to 2015 -- now is a good time to examine the financial changes that will impact you in the days ahead. And it's mostly good news -- some of these changes can put more money in your pocket in 2015.
A new year often means new goals, new opportunities and new commitments. When it comes to your finances, it can also mean new rules and requirements that may affect how you manage your money.
Though they might not even know it, more than 150 million workers have earned DI protection through their payroll tax contributions in case they suffer a severe, long-lasting medical impairment.
Tens of millions of people made New Year's resolutions last week, but few were as creative as the one pushed through Congress yesterday. Apparently, the new Congress decided that its first order of business should be to go after workers who are no longer able to hold jobs due to injury or illness.
Republican opponents of Social Security have not wasted even a single day in their plan to dismantle Social Security brick by brick. What should be a dry, mundane exercise -- the adoption of new rules by the newly convening House of Representatives -- has turned into a stealth attack on America's working families.