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Minimum wage

Gold-Plated Retirement?

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In “The elderly are better off than advertisedWashington Post columnist Robert J. Samuelson attacks what he calls “selective and self-serving statistics” that have been cited by defenders of Social Security and Medicare. According to Samuelson, such statistics are used to oppose cuts in these vital programs and support an “outdated

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Social insecurity

Blog entry

Last week the federal minimum wage rose to $6.55 an hour, increasing the annual earnings for a full-time minimum wage worker to $13,624.  While it's certainly the right move for Congress to raise the minimum wage for current workers, it raises an important question about retired workers.  Take a look at our statistics page and you'll see why: The average retired worker's Social Security check is now less than that of a minimum wage worker. More...

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