For Mark Roberts' Use: The Great Recession ended in June 2009, but home prices have yet to rebound to their former levels. The combination of lower home prices and an increase in borrowing during the recession slashed home equity in the U.S. by more than 60 percent. Many homeowners have found themselves “underwater”, owing more [...]
For Mark Roberts' Use: In recent years there have been numerous reports of the problems faced by Social Security. The aging Baby Boomer population, as well as increased life expectancy for all Americans, have put a strain on Social Security's budget. During election years the causes of the problem, as well as potential solutions, are often debated [...]
For Mark Roberts' Use: As the US emerges from a rough recession and continues its rocky recovery, a new reality has emerged for many of the nation's seniors. Gone are the days of automatic retirement at age 65; many of today's seniors are facing vastly different economic conditions from the previous generation of retirees. In [...]