There are several fairly easy steps to take to make this story no longer true. The easiest is to remove the cap on the amount of income subject to the Social Security tax. https://www.wsj.com/articles/social-security-trust-fund-to-be-depleted-in-2035-trustees-say-11555946113 Social Security Costs to Exceed Income in 2020, Trustees Say The trust fund to be depleted by 2035, they add Medical … Continue reading Social Security needs to access trust fund and will run out of money about 2035
Tag: money
Paying your taxes with a credit card (if you must)
Here's What Happens When You Pay Your Taxes With a Credit Card Thinking about paying your taxes with a credit card? Here's how the process works. Christy Bieber (TMFChristyB) Apr 13, 2019 at 6:15PM When you owe money to the Internal Revenue Service (IRS), you have a few options for making your tax payment. You … Continue reading Paying your taxes with a credit card (if you must)
Elder orphans without children an increasing concern across the globe
Altho this article is about elder orphans without children in the UK, the problem has increased for decades in Japan and, particularly if we slam the door shut to immigration, will become an increasing problem here in the US. https://www.theguardian.com/science/2019/mar/28/over-1-million-childless-people-over-65-are-dangerously-unsupported More than 1m childless people over 65 are 'dangerously unsupported' Older people without children at … Continue reading Elder orphans without children an increasing concern across the globe
Is eviction of people who have nowhere else to go the next housing crisis?
Many of the effects of income inequality appear behind closed doors but this article posits that the availability of housing itself is now critical because of cost and landlord evictions to raise rents. https://www.marketwatch.com/story/the-eviction-crisis-is-starting-to-look-a-lot-like-the-subprime-crisis-2019-03-26 The eviction crisis is starting to look a lot like the subprime mortgage crisis Published: Mar 27, 2019 12:01 p.m. ET Georgia … Continue reading Is eviction of people who have nowhere else to go the next housing crisis?
What difference would it make if Obamacare disappeared? Here are the numbers
Those opposed to Obamacare have failed utterly to come forth with a proposal that would provide the broad coverage, (relatively) reasonable premiums, and societal benefits of Obamacare. When the workers who buy the goods, who pay the taxes, and do the work to produce the goods are unhealthy, all of society pays. Doesn't it make … Continue reading What difference would it make if Obamacare disappeared? Here are the numbers
Phishers and cyber criminals repeatedly use the same phrases to lure you
Click thru for a fine video explaining this process. https://www.zdnet.com/article/these-are-the-12-most-common-phishing-email-subject-lines-cyber-criminals-use-to-fool-you/ These are the 12 most common phishing email subject lines cyber criminals use to fool you Analysis of over 360,000 phishing emails reveals some common themes in phoney emails sent to businesses. Don't get caught out by these ones. By Danny Palmer | March 19, 2019 -- 10:21 … Continue reading Phishers and cyber criminals repeatedly use the same phrases to lure you
Bored Panda presents cost and requirement info about funerals from Tumbler
The upselling is continuous in this field. The comment about not needing a coffin to be cremated in reminded me that my mother's ashes were given to me in a nicely finished wood box. After her ashes were spread, how were we to respectfully dispose of that box? I learned. When my father died, we … Continue reading Bored Panda presents cost and requirement info about funerals from Tumbler
An explanation of invisible poverty that may help the oblivious
I don't see a date anywhere on this Bored Panda posting and Li is an incredibly common name, but this Tumbler post should be required reading for the privileged who simply don't understand why people can't get out of poverty. The examples here are real. It's impossible to overstate the impact of health care expenses … Continue reading An explanation of invisible poverty that may help the oblivious
Selling large dwellings, in town or country, has gotten much more difficult
The US population definitely has bulges at certain ages. The large number of Baby Boomers, for instance, has had an untoward influence on everything that they care about. Right now Baby Boomers are beginning to retire. The ones that begin by building their huge dream homes are finding that they're impossible to maintain and too … Continue reading Selling large dwellings, in town or country, has gotten much more difficult
Do you think fossil fuel use and production should cease now? These are the banks financing it
Do you want all fossil fuel use and production to be converted to alternative energy sources immediately? Then don't deal with (in the US): JPMorgan Chase, Wells Fargo, Citi and Bank of America. The rest of the top ten are domiciled elsewhere: Royal Bank of Canada, Barclays in Europe, Japan's MUFG, TD Bank, Scotiabank and … Continue reading Do you think fossil fuel use and production should cease now? These are the banks financing it
AMC is doing well with its subscription model for frequent moviegoers
AMC has a large presence in NYC so I have three theatres relatively nearby and a few more that are doable. Since I joined almost immediately, I'm currently paying $19.95 a month for AMC's A-List. For that one fee, I can see up to three movies a week including those in Dolby or IMAC theatres. … Continue reading AMC is doing well with its subscription model for frequent moviegoers
Depressing article that explains much of inability to move up in economic class in the US
https://www.theatlantic.com/entertainment/archive/2019/02/class-ceiling-laurison-friedman-elite-jobs/582175/? The ‘Hidden Mechanisms’ That Help Those Born Rich to Excel in Elite Jobs When two sociologists interviewed highly paid architects, TV producers, actors, and accountants, they encountered work cultures that favor the already affluent. JOE PINSKERFEB 26, 2019 KEVIN COOMBS / REUTERSOver the past five years, the sociologists Daniel Laurison and Sam Friedman have … Continue reading Depressing article that explains much of inability to move up in economic class in the US
Abycats' Thoughts 