Social Security works. It does what it was designed to do, and although this was not the concern when it was set up, it actually boosts the national output above what it distributes. It is a win-win-win.
The stock market is bullish. The housing market seems to have rebounded a bit. So why are consumers so glum? Because they're deeply worried about their jobs and their incomes -- as they have every right to be.
Americans saw a hit in their paychecks this week, which makes things harder on working families. Payroll taxes were raised by 2 percent. This means less money for necessities like gas, clothing, groceries and entertainment. Here are some ways to combat it.
Looking back at 2012 it is clear that the jobs market turned in a solid and underwhelming performance. In fact, 2012, was a slightly weaker re-run of 2011 with a significant decline in the headline unemployment rate.
Working Americans are paying the price as the parameters of the current debate around the deficit, budget and the so-called fiscal cliff are being defined by the likes of Goldman Sachs. There can be little doubt that working people are not represented in Washington.