The introduction of 401(k) plans, IRAs and similar tax savings plans was supposed to ensure that everyone would have adequate retirement resources. In theory, retirees would rely less upon Social Security and more upon their own savings.
New rules aimed at stockbrokers have been proposed by the Labor Department that will have an enormous impact on the way Americans save for retirement.
Last Tuesday was Equal Pay Day. Each April activists hold demonstrations and call on Congress to pass the Paycheck Fairness Act. The bill was initially proposed in 1997 and has not been passed and has little likelihood that it will pass anytime soon.
The Flint lead crisis has brought attention to the infrastructure problems that exist in Michigan. But just how serious are the problems with our water and sewer systems that lie below our streets?
Since taking office in 2009, President Obama has made shrinking the pay gap between men and women a political priority. Both Democratic candidates for president have also called for an end to the inequality of pay. But, is there a pay gap?
Governor Snyder proposed a financial fix for the Detroit Public School system last summer. The state legislature did nothing. Now with a revised plan for the funding, the legislature has taken up the issue and may provide the last chance for DPS to avoid bankruptcy.
As the economy slowly grows, job requirements will no longer be waived for many food stamp recipients. Some states have begun to require work, or education or training or volunteer benchmarks to qualify. This is a step toward what some have been advocating for years—we must have welfare reform. But with some of the presidential primary candidates raising issues of inequality and higher minimum wages, is there the political will to also tackle the issue of welfare reform on a national scale?
The tragedy in Kalamazoo involving the Uber driver brings the question of Uber front and center and more broadly the huge change in the workforce to the Gig Economy. What is the Gig Economy and how are Uber and other online services changing the economy?
The death of Supreme Court Justice AntoninScalia leaves the Supreme Court with 8 members and may stymie decisions on a host of issues that have long divided the remaining justices, 4-4, into conservative and liberal blocs. What will happen to the cases that have already been argued, but without a final opinion, that are sure to be 4-4? What about the cases that are due to be argued? What are some of these critical cases? Should President Obama nominate a replacement and should the Senate start hearings and potentially even vote on the nominations? What is the “Right Thing to do?”
The Lucy Ann Lance Show
Around The Home Weekend