Worth considering some different perspectives on the subject. ===== WSJ 2/10/2018 by Anne Tergesen When saving for retirement, calculate your “number,” the amount you’ll need without running a big risk of depleting your savings. When in retirement, spend no more than 4% of your initial balance, adjusted annually for inflation. And when investing in retirement, start out with a relatively high percentage in riskier... Read more
Archive for the ‘Economics’ Category
The Poison of Identity Politics
August 15 | Posted by mrossol | 1st Amendment, American Thought, Economics, The LeftI see this every day. America needs to come to grips or the future will not be pretty. ======= WSJ 8/14/2017 As ever in this age of Donald Trump, politicians and journalists are reducing the violence in Charlottesville, Virginia, on Saturday to a debate over Mr. Trump’s words and intentions. That’s a mistake no matter what you think of the President, because the... Read more
Apprenticeships!
June 20 | Posted by mrossol | American Thought, Economics, Education, Work worldSomething Germany has known for years. ========== WSJ 6/19/2017 One restraint on economic growth is the increasing U.S. labor shortage, especially for jobs that require technical skills. Meanwhile, many college grads are underemployed and burdened by student debt. The Trump Administration is trying to address both problems by rethinking the government’s educational priorities. President Trump directed Labor Secretary Alexander Acosta last week to... Read more
Here Come the Increases
June 18 | Posted by mrossol | Economics, ObamaCareYou can’t pay out more than you take in. Costs drive behavior. ========= BY ANNA WILDE MATHEWS AND LOUISE RADNOFSKY A growing number of major insurers are seeking premium increases averaging 20% or more for next year on plans sold under the Affordable Care Act, according to rate proposals in more than 10 states that provide the broadest picture so far of the strains... Read more
Your Tote Bag Says Much About You – WSJ
June 13 | Posted by mrossol | American Thought, Economics, PersonalSomeone I love is working with tote bags! ========= WSJ 6/13/2017 BY ANNE MARIE CHAKER THE DECISION ON which of the 29 tote bags stashed in your closet to bring on your Saturday afternoon stroll can spark a minor identity crisis. Kyle Chayka, a freelance writer in Brooklyn, N.Y., says he owns somewhere between 12 and 20 tote bags. He favors a... Read more
The Lessons of Amazon
May 20 | Posted by mrossol | Big Govt, EconomicsAre ‘you’ delivering value to the marketplace? ========= WSJ 5/19/2017 Amazon marks 20 years as a public company this week, and if you got in on the ground floor you have a lot to celebrate. A $100 investment in the initial public offering of the three-year-old Internet company in 1997 is worth more than $49,000 today. Even by the standards of successful Silicon Valley... Read more
