Archive for May 2019

It’s Time to Gear up (again) for Bankruptcy

If something cannot go on forever, it will stop. Herbert Stein, 9th Chair of the Council of Economic Advisers (January 1, 1972 to August 31, 1974) “It’s not a matter of if; it’s a matter of when. And I could be early on the call as I was back in 2007, but I am suggesting…

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Tippecanoe County, IN, experiences the highest wage growth in the U.S

The U.S. Bureau of Labor Statistics reports that Tippecanoe County, IN, had the largest over-the-year percentage increase in average weekly wages During the 4th quarter of 2018 (15.1%). Within Tippecanoe, an average weekly wage gain of $1,046 (128.5%) in professional and business services made the largest contribution to the county’s increase in average weekly wages.…

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Status of the Social Security and Medicare Programs

Past In April of 1935, politicians passed the Social Security Act through the U.S. House and in June through the Senate; it was signed into law by President Roosevelt on August 14, 1935. [1] Ida May Fuller became the first beneficiary of recurring monthly retirement payments on January 31, 1940, with a check for $22.54. …

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