The Motley Fool Discussion Boards

Previous Page

Retirement Discussions / Retired Fools


Subject:  Oh Dear. Not Good. Date:  7/10/2008  12:49 PM
Author:  AngelMay Number:  13659 of 20640

Dean Baker | Housing Market Meltdown Cause Massive Losses
Dean Baker, for the Center for Economic and Policy Research: "As Senators McCain and Obama fine-tune their plans for Social Security in preparation for the 2008 presidential election, a new report from the Center for Economic and Policy Research (CEPR) shows that, due to the collapse of the housing bubble, the vast majority of Americans have accumulated little or no wealth. This means that they will be almost completely reliant on Social Security and Medicare to support them in their retirement years."
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us