Issues

In Is Uncle Sam Inducing the Elderly to Retire? a working paper published by the National Bureau of Economic Research, a team that includes Alan Auerbach, a UC Berkeley professor suggests that prospective retirees can forget the Social Security Administration-provided benefit calculations that come in the mail. "They’re completely meaningless," says Auerbach. more »

That level of control has been debated ever since the government began acquiring the areas in the 19th century, with some Westerners resenting the vastness of the federal authority, which amounts to 47 percent of land in 11 states. Some states, like Nevada, where the government owns 84.5 percent of the land, see more control than others. But few know about the existence and history of revenue-sharing programs, with some dating to 1906, through which the federal government has been compensating states and counties for lost tax revenue on the lands it controls. more »

The new research confirms the results of several other studies that also have found steady declines in dementia rates in the United States and Europe. The new research provides some of the strongest evidence yet for a decline in dementia rates because of its broad scope and diverse ranges of incomes and ethnic groups, John Haaga, director of behavioral and social research at the National Institute on Aging, said. more »

If President-elect Donald Trump is successful with his proposed $1 trillion, 10-year program to fix America's disintegrating and inadequate infrastructure, the states have a list of critical projects handy for him. The American Society of Civil Engineers estimates that fixing all the roads, bridges, public transit, railroads, energy systems, schools, public parks, ports, airports, waste systems, levees, dams, drinking water facilities and hazardous waste installations in the 50 states and the District of Columbia would take $3.6 trillion by 2020. more »