Saturday, February 9, 2013

Dr. Ben Carson on Obamacare

Dr. Benjamin Carson Addresses National Prayer Breakfast, Criticizes Obamacare - Real Clear Politics
DR. CARSON: Here's my solution: When a person is born, give him a birth certificate, an electronic medical record, and a health savings account to which money can be contributed -- pretax -- from the time you're born 'til the time you die. When you die, you can pass it on to your family members, so that when you're 85 years old and you got six diseases, you're not trying to spend up everything. You're happy to pass it on and there's nobody talking about death panels.

Thursday, February 7, 2013

Millennial Double Whammy

The Millennial double-whammy = debt + no income

Harvard: Just 6 in 10 Millennials have jobs, half are part-time - Paul Bedard
A comprehensive new Harvard University report on Americans under 30, the so-called Millennials, shows that the economy is having a crushing impact, with just 62 percent working, and of those, half are toiling at part-time jobs.

The report, released by Harvard's Institute of Politics, paints a depressing economic portrait of young Americans, many of whom are stuck with huge college tuition bills and little chance of finding a high-paying job.

But over half, or 59 percent of those aged 18-29, have gone to college and The report reveals that time in college is a better sign of social status than income, mostly because jobs aren't available.

Check list for those just starting out:
[ ] Learn the word "retrench"
[ ] Avoid debt
[ ] Find a lucrative career-path (whether you go to college or not)
[ ] Start saving