Poll: Seniors See Bleak Future for Their Children, Grandchildren’s Retirement Future

Excerpt: When asked, “Do you anticipate that the opportunities understood to be part of the ‘American Dream’ will be – the same, easier or more difficult – to achieve for your grandchildren,” 75.9 percent of the retirees polled said it would be “more difficult.” Read more at CNSNews... Read More......

Governor Christie (R-NJ): Day of Reckoning

June 15, 2010 — Governor Chris Christie gives remarks about accountability while at a Town Hall Meeting in Perth Amboy, N.J. (Hat tip: Carolyn Webb)

Read More......

Sarah gets it!

Sarah Madsen at the Bakersfield Tea Party — 15 April 2010 from Imagery Design on Vimeo.

Hat tip: Jerry Jackson

Read More......

In the aftermath of the Great Recession

THE WASHINGTON POST, 1/4/2010 by Robert J. Samuelson (Hat tip: John H. Detweiler) - One insistent question at the start of a new decade involves the lingering effects of the old: What scars will the Great Recession leave? We are already seeing some. Americans are moving less than at any time since World War II, reports demographer William Frey of the Brookings Institution. People are tied to existing homes, can't get loans for new ones and won't move without job commitments, Frey says. Only 1.6 percent of Americans are now moving across state lines, half the rate of a decade ago.

With a grim job market, the young also seem more cautious. A new survey by Fidelity Investments found that a quarter of workers ages 22 to 33 want to stay with their present employer until retirement; in 2008, that was only 14 percent. John Irons of the liberal Economic Policy Institute worries that many young Americans, lacking tuition funding, will delay or abandon attending college, lowering their long-term earning power.

Read more at the Washington Post... Read More......