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Why Millennials Are Behind: They Earn 20% Less Than Boomers Did At The Same Age

Why Millennials Are Behind: They Earn 20% Less Than Boomers Did At The Same Age

Over the past few years, as the Millennial generation has grown into its own, in 2016 surpassing Baby Boomers as the nation's largest living generation according to the Census (Americans aged 18-34 in 2015 now number 75.4 million, surpassing the 74.9 million Baby Boomers aged 51-69), in the process becoming the fulcrum support of the US economy, it has also prompted many questions: why aren't Millennials investing in the stock market? Why aren't they starting families and buying houses? Why are they living in their parents' basements well into their thirties? Why don't they just...

Where's The Outrage?

Where's The Outrage?

Submitted by Roger Barris via Acting-Man.com,

Blind to Crony Socialism

Whenever a failed CEO is fired with a cushy payoff, the outrage is swift and voluminous.  The liberal press usually misrepresents this as a hypocritical “jobs for the boys” program within the capitalist class.  In reality, the payoffs are almost always contractual obligations, often for deferred compensation, that the companies vigorously try to avoid.  Believe me.  I’ve been on both sides of this kind of dispute (except, of course, for the “failed” bit).

 

S&P Downgrades City Of Dallas On "Continued Deterioration" Of Police Pension

As the City of Dallas continues to work with the Dallas Police and Fire Pension (DPFP) board on solutions to help close the pension's massive $4 billion funding hole, Standard & Poor's has finally decided that the "continued deterioration in the funded status" of the fund merits a downgrade.  As such, S&P has downgraded the city's general obligation bonds to "AA-" from "AA" and placed them on "negative watch."  Per the Dallas Business Journal:

Obamacare's Death Throes

Authored by Stephen Lendman,

On March 23, 2010, Obama signed the misnamed Patient Protection and Affordable Care Act (PPACA) into law.

It’s a healthcare rationing scheme to enrich insurers, drug companies and large hospital chains in lieu of the only equitable system - universal coverage, everyone in, no one left out, no gimmicks and schemes the way Obamacare was crafted.

Physicians for a National Health Program (PNHP) proposes a “Beyond the Affordable Care Act: A Physicians’ Proposal for Single-Payer Care Reform.”

"Deeply Concerned" Schumer To Vote Against Sessions, Fears For "Immigrant, Gay, Disabled, & Young" Americans

In a tweet-tempest this morning, Senate Minority Leader Charles Schumer (D-N.Y.) has confirmed he opposes Sen. Jeff Sessions, President-elect Donald Trump's nominee to serve as attorney general.

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