50 million Americans living in poverty in the U.S.

Food stamps keep about five million people out of poverty.

There are some big problems with the way poverty is measured in this country. A Census report came out this week based on the “supplemental poverty measure” — a newer, unofficial method that figures in the value of many government benefits, the cost of living in different cities, and health-care costs.

 

 

Continue reading… “50 million Americans living in poverty in the U.S.”

Extended unemployment benefits are set to expire in 2012, will this be the next big hit to the economy?

jobless

The total impact of the extended unemployment benefits on the economy is huge, because so many Americans are currently taking advantage of them.

The economic recovery could be headed for a major hit that will leave it even weaker as extended unemployment benefits are set to expire in 2012.

 

Continue reading… “Extended unemployment benefits are set to expire in 2012, will this be the next big hit to the economy?”

Nationwide crackdown unemployment insurance fraud

unemployment

The poor economy lingers and the jobless rate remaining high.

States will start a nationwide crackdown for people fraudulently drawing unemployment payments.  $17 billion in were dswindle last year alone  from those who were never eligible and workers who keep getting checks after they return to work,  say federal officials.

 

Continue reading… “Nationwide crackdown unemployment insurance fraud”

Britain cuts housing benefits that will make large areas of London unaffordable for the poor

St_Johns_Wood

British welfare benefits allow London’s poor to live in areas such as affluent St. John’s Wood.

St. John’s Wood is the place the London A-listers choose to live.  It is a neighborhood of the wealthy with its leafy avenues lined with the mansions of Paul McCartney, Ewan McGregor and Kate Moss. And yet, they share the most unlikely neighbors — the Kastrati family.

 

Continue reading… “Britain cuts housing benefits that will make large areas of London unaffordable for the poor”

Cash-strapped States Go After Billions of Dollars in Unclaimed Life Insurance Benefits

estate-tax1 

States have laws stipulating that the government becomes the owner of abandoned property after a period of time.

Billions of dollars in unclaimed life insurance benefits are at the center of a legal wrestling match as cash-strapped state governments step up their efforts to make sure insurance companies properly account for the funds.

 

Continue reading… “Cash-strapped States Go After Billions of Dollars in Unclaimed Life Insurance Benefits”

Discover the Hidden Patterns of Tomorrow with Futurist Thomas Frey
Unlock Your Potential, Ignite Your Success.

By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.

Learn More about this exciting program.