WHO WILL BE LEFT TO FILL OUR SHOES?
Today’s Federal Debt is $19,853,618,720,466.05.
http://www.usgovernmentdebt.us/
Baby boomers, born between 1946 and 1964, are heading into retirement in droves (about 10,000 a day, in fact). ... Insufficient preparedness and lack of financial resources for decades without steady employment paint a gloomy picture for many retirees.
37% have saved LESS than 50,000 and 50% have saved LESS than 100,000
https://www.fool.com/retirement/2016...etirement.aspx
https://www.ssa.gov/policy/docs/ssb/v65n3/v65n3p1.html
Social Security is the most important retirement income source for all retirees. The average monthly Social Security retirement benefit for January 2016 is $1,341. January 2017 it is about 1400.00/month.
https://www.fool.com/retirement/2016...-at-age-6.aspx
Millennials’ emotions run deeper than their pockets, survey finds.
Millennials earn 20% less than Boomers did at same stage of life. With a median household income of $40,581, millennials earn 20 percent less than boomers did at the same stage of life, despite being better educated, according to a new analysis of Federal Reserve data by the advocacy group Young Invincible. The analysis being released Friday gives concrete details about a troubling generational divide that helps to explain much of the anxiety that defined the 2016 election. Millennials have half the net worth of boomers. Their home ownership rate is lower, while their student debt is drastically higher.
TRAVEL BAN: What it's like in the 6 countries on Trump's travel ban list
http://www.cnn.com/2017/01/29/politi...ban-countries/
Here’s the Reality about
Illegal Immigrants in the United States: DEPORTED
There are 11 million of them, the best estimates say, laboring in American fields, atop half-built towers and in restaurant kitchens, and swelling American classrooms, detention centers and immigration courts.
https://www.nytimes.com/interactive/...mmigrants.html
TRUMP WALL: Growing signs of trouble for Trump’s border wall: President Donald Trump’s plan for a border wall is showing more cracks. Trump is claiming that the ambitious — and hugely controversial — construction plan is “way, way, way ahead of schedule,” but in reality, there is growing evidence that Trump's central campaign pledge is in political peril.
http://www.politico.com/story/2017/0...olitics-235904
HEALTHCARE: Fixing the high costs of healthcare starts here.
Drug Companies Really Don’t Care About the Price Hike Backlash. More than two-thirds of the 20 biggest pharma companies used price hikes to drive revenue growth in the first quarter of 2016, according to an analysis of corporate filings and earnings statements by the Wall Street Journal. The review also found that drug makers have been relying on this tactic more and more and raising prices by higher amounts than before despite multiple Congressional inquiries into the practice and proposed reforms to tackle drug costs from President Obama, Hillary Clinton, Donald Trump, and others.
http://fortune.com/2016/07/14/big-pharma-drug-prices/
Hospitals Say They’re Being Slammed By Drug Price Hikes. Inpatient drug spending increased by 23.4 percent annually from 2013 to 2015, compared with 9.9 percent annual increases on retail drug spending during the same period, according to a new report by National Opinion Research Center (NORC) at the University of Chicago, which was commissioned by the American Hospital Association and the Federation of American Hospitals. Spending was driven by increases in drug unit prices rather than an increase in the volume of drugs used, they found.
http://khn.org/news/hospitals-say-th...g-price-hikes/
"DOCTORS ARE NOTHING MORE THAN PILL PUSHERS"
CG