No Scandinavian country has a socialist economy despite high taxes and extensive tax-funded social support programs. Scandinavian Millionaires, end of 2024 and Billionaires, March 2026
Tag: Taxes
Struggling
Are Americans really struggling? The latest Federal Reserve data gives a pretty clear picture: 27% of American adults were either “just getting by” (19%) or “finding it
CBO Estimates $2.0 Trillion Deficit for Fiscal Year 2026
BUDGETS & PROJECTIONS The United States borrowed $2.0 trillion in FY 2026, including $28 billion in the month of September, according to the latest Monthly Budget
The pension conundrum and a solution
The future of retirement is uncertain for many private-sector workers, as defined benefit pensions become scarce. By 2026, only 14% of private-sector workers will have access to these plans, a stark contrast to the 45% peak in the mid-to-late 1970s. This decline highlights a larger issue: low retirement account participation and modest balances.
