Family: The chapters below provide color graphics showing impacts on working people: family incomes, social security, inflation history, productivity & savings, and a report celebrating progress:
1. Family Income Report - depressed inflation-adjusted income for 2 ½ decades - record low savings with record high household debt and tax payments. 64% of married mothers, with children below 6 years old, are in labor force - 6 times higher than before. Families will understand why it seems 'hard to get ahead.' Color pictures show the facts. A MUST READ.
2. Social Security Report - 5 times higher family tax rates than seniors paid - fewer benefits expected - while government consumed all $894 billion trust fund surpluses to date, incl. $131 billion last year (17% more than prior year), spending every penny for non-pension purposes. Dramatic color picture of approaching demographic bulge. Are politicians 'saving social security' by siphoning-off all surpluses for non-pension spending? A MUST READ.
3. Social Security Trust Funds - today's workers pay much higher FICA tax rates than ever before, not just to cover current retirees but also paying extra to create a trust fund surplus for their own future - - yet every penny paid-in to create that surplus has been siphoned-off and spent on non-pension things.
4. Inflation Report - (see above)
5. Generational Celebration Report - to balance various negative trends shown in other chapters, this sub-report shows some compelling improvements compared to prior generations, about which we can all celebrate - such as zero wars and higher life expectancy.
6. Family Savings - Americans have not saved so little since the depression of the 1930s - a spending binge & household debt build-up well beyond income growth, despite the 1990s economic 'boom'.
7. Taxes - (tax category below)
8. Household Debt - America's Total Debt Report - higher debt ratios, than ever before.
9. Health-care - - (health-care category below)
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