How to reform Social Security to ensure a sustainable future
Social Security Board of Trustees reported in July that Social Security benefits will be depleted by 2035
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Social Security Board of Trustees reported in July that Social Security benefits will be depleted by 2035
Ernest Werlin From economists to the man on the street, we now have concerns over a rapid increase in inflation. Those of us who lived through the 1970s and early 1980s remember how America suffered from stagflation, which is characterized by slow economic growth and relatively high unemployment. Consumer prices skyrocketed 13% in 1979 and 13% in 1980. To slow the economy’s growth and shrink inflation, former Federal Reserve Chairman Paul Volcker raised the federal funds rate to a record 20% in March 1980. Unemployment in 1980 reached 7.5%. For 2021, economists expect inflation to approach...
Sarasota Herald-Tribune Cry out over city ending mask mandate Last July, the Sarasota City Commission mandated wearing face masks outdoors and in places of public accommodation in order to mitigate the effects of the coronavirus. While the number of new cases and deaths is currently below recent highs, the daily variance hardly merits that we let down our guard. At least until the overwhelming majority of us have been vaccinated, failure to mask threatens us all. The Feb. 18 action by the City Commission rescinding its mask requirement will oblige many of us to avoid downtown and any ve...