The above entitlement programs are on an unsustainable path that the Gen X and Millennial Generations will have to address. Continue reading →
Tag / Social Security
Government wants to try Social Security 2.0
If you ever want to see what generational political differences Baby Boomers have with my generation (Gen X) and others behind me, bring up Social Security.
U.S. taxpayers paying welfare for refugee children
Social Security Hits Record Spending in 2015
The Social Security Administration is reporting spending hit Continue reading →
Cost American Taxpayers Pay for Middle Eastern Refugees
Center for Immigration Studies just released an extensive breakdown of what taxpayers take on financially for Middle Eastern refugees to live in America. Continue reading →
Top 5 Federal Government Expenditures
U.S. Government Debt Getting Worse
Via The Washington Examiner –
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New Poll: If Given the Chance, Would You Opt of Social Security to Invest Your Own Money?
One Third of U.S. Baby Boomers In Work Force
Baby Boomers (people born between 1946 to 1964) are retiring in droves. According to Gallup via Economic Policy Journal, only about one third of Boomers are still working.
PRINCETON, N.J. — The first members of the huge baby-boom generation in the U.S. have reached retirement age in recent years, and these older boomers are retiring in large numbers, just as Americans in their mid- to late 60s did a few years earlier. While about eight in 10 boomers in their early 50s are in the workforce, the percentage employed drops to about 50% for boomers who are 60, and the proportion accelerates downward with each year of age thereafter. Only about a third of those aged 67 and 68 — the oldest boomers — are still working in some capacity.
How Federal Tax Dollars Were Spent in 2014
The Tax Foundation put together a chart showing how federal tax dollars were spent.
Compare that to 1962 federal spending
Hoosier Econ 