REALITIES OF CHANGE

Projections for Health & Retirement spending will reach unsustainable levels if left unaddressed and could bring down the U.S. economy! If Medicare & Social Security are funded through new taxes the costs would swell from 20% of the American economy to as much as 56%. Concord Coalition
Retiring the current $9 trillion national debt & paying for projected Medicare & Social Security shortfall would cost $46 trillion
Sales of existing homes in the U.S. fell 8.4% the sharpest drop in almost 20 years
People are living paycheck to paycheck, are deep in debt, and are at risk of losing their homes. Brookings Institute
The median price of new homes plunged 11% the biggest year over year drop in 37 years.
The inventory of homes jumped sharply to a record 4.2 million units
The New Economy has created incredible business success stories due to fundamental changes in business operation based on the power of the Internet, new technologies, e-commerce, and global strategies. It has dramatically transformed performance in a wide array of industries. However, it has also changed how Americans live their lives.
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