Americans are suffering from a lack of adequate savings to fund a comfortable retirement. Our growing debt burdens virtually assure us that the lofty living standards of today will soon be nothing more than a long forgotten memory. Click to read article
For many Americans, the traditional idea of a comfortable retirement, filled with golf carts, cruises, and fishing trips, is going the way of the dodo bird. Click to read article
“I’m not surprised at all.You’re seeing the effect of stimulus starting to wear off…This is just the beginning.You’re going to have a lot of these disappointing numbers.” -- International Business Times
Yesterday’s release of the ADP and ISM data has most economists staring at the numbers in disbelief like they were deer in headlights. Their mantra had been that the U.S. was in a genuine recovery. But that notion is now being squelched by a thunderous cacophony of falling economic numbers. Click to read article