Growing older is hard, and taking care of an aging loved one is hard work. For those of us who are aging or living with a disability, your family might hire a caregiver for day-to-day support: getting out of bed, minding medications, bathing and cooking meals — and sometimes serving as a medic, housekeeper, therapist and closest companion, too. Yet for all the loving care that health aide gives every day, she’ll be lucky if she takes home enough money to make this month’s rent.
|By: ThirdandState Tuesday December 18, 2012 6:38 pm|
One is the loneliest number that you’ll ever do …
Although I’m dating myself, some of you may recognize the Harry Nilsson song made famous by Three Dog Night. We recommend that Governor Tom Corbett download it to his iPod as he contemplates whether to accept a solitary bid from Camelot Global Services to take over the operation of the Pennsylvania Lottery. Whether privatizing state services or getting a new roof for your house, having a single lonely bidder is a red flag for a fleecing — for overpaying the contractor.
In its bid, Camelot promises 20 to 30 years of lottery profits that barely increase at the rate of inflation — even with the addition of new lottery games such as Keno and online gaming. The deal could produce big-time profits for Camelot with performance no better than the public system could produce. If the company maxes out its incentive-based compensation over the initial 20-year contract, it could receive $1.15 billion in today’s dollars; more when you count annual management fees.
A good deal for Camelot, but not for the Pennsylvania seniors who benefit from lottery proceeds
|By: Lisa Derrick Monday December 17, 2012 5:00 pm|
Growing old, something we all face. Growing old in the New York of the 1970′s where
“Life wasn’t so beautiful and the winters were cold”
created a diaspora to Florida–over half a million people over 55 moved to Florida from 1975 to 1980, according to the Census Bureau. In Delray Beach an enterprising developer created a seemingly idyllic community of two-story stucco buildings surrounded by tropical plants, with swimming pools, shuffleboard courts, and recreation halls. They named it Kings Point. The down payment was $1,500, slightly more for a second story unit since supposedly the bugs couldn’t get in. (In a stunning oversight, there are no elevators!)
|By: Dean Baker Tuesday December 4, 2012 7:50 am|
Excuse me, but what planet is David Brooks on? This would be comparable to Japan asking for Hawaii and parts of California as it was negotiating its surrender in World War II.
|By: ThirdandState Sunday October 7, 2012 7:00 pm|
As we’ve explained before — and as the U.S. military, U.S. Congress, and former President George W. Bush have all agreed — payday loans are a debt trap that further impoverishes low-income families, driving more of them into bankruptcy. Pennsylvania should leave in place the strong regulations that make use of payday loans much less common here than nationally.
|By: Pam Spaulding Friday September 21, 2012 11:35 am|
Gee, I wonder why the senior set — part of Mittens’ 47% — isn’t happy with Paul Ryan’s “transformative” vision for Medicare? He was not only booed for his criticism of the President, but one attendee called him a liar.
|By: Dean Baker Tuesday August 14, 2012 2:20 pm|
The Washington Post continued its war on Social Security and Medicare today with a column by Charles Lane that told readers that seniors are wealthy because they have enough money (almost) to pay off their mortgage. No, I’m not kidding.
|By: Michelle Chen Sunday July 15, 2012 4:00 pm|
After years of working a thankless job, more than 1,500 home healthcare aides in New York got some long overdue recognition this week, along with a $1 million paycheck in a landmark legal settlement.
The lawsuit involved home health aides working for a private provider of care to seniors and people with disabilities in New York City. The main allegations centered on a typical problem in the home care workforce–getting shorted on wages and overtime pay, thanks to huge gaps in labor protections. McMillan’s Home Care Agency, according to the suit, “consistently underpaid its workers and never paid overtime, despite frequently working more than 60 hours per week.”
|By: Paul Street Sunday December 11, 2011 1:59 pm|
I encourage readers to purchase two copies of The Tea Party and the Remaking of Republican Conservatism – one for themselves and one as a Christmas present for their right wing uncle. That uncle might well stay with Skocpol and Williamson’s highly readable and well-crafted study to the end without throwing it down in anger – something I can’t say with much confidence about my book with DiMaggio.
|By: Dean Baker Wednesday November 23, 2011 10:30 am|
Thomas Friedman bemoans the fact that President Obama hasn’t embraced the big cuts to Social Security and Medicare proposed by former senator Alan Simpson and Morgan Stanley director Erskine Bowles. Their plan is great if you think the country’s biggest problem is high-living seniors.