Marketplace Money for Friday, November 2, 2012
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With Election Day fast approaching, we're looking at the financial issues that might impact who you're going to vote for -- from Social Security to retirement, Medicare to food stamps. Plus, in the aftermath of superstorm Sandy, we take a look at how disasters can pull communities together and offer some advice on how you can protect yourself from scams.
Posted In: middle class, American dream
Why are so many people in the middle class struggling right now? Author Hedrick Smith discusses the events that hurt the middle class and what can be done to help it.
Posted In: fraud, disaster, Hurricane Sandy
Disasters leave people vulnerable to more than just damage on their homes. After hurricanes and other crises, fraudsters hit the streets -- and the Internet -- to try to cheat people out of their money. How can you protect yourself?
Posted In: food stamps, Election 2012
Politicians keep bringing up the food stamps program this election season -- how does that affect the people who actually use them?
Posted In: Retirement, retirement spending, IRAs, 401(k)s
Increasingly, retirement funds are being used for anything but retirement. But there are huge risks involved with raiding your retirement to start a business or for private equity investments.
Posted In: Social Security, Election 2012
More than 20 percent of the U.S. national budget is spent on Social Security, so of course politicians like to promise to reform it. Commentator Chris Farrell says unfortunately both candidates' plans are way too complicated.
Posted In: Hurricane Sandy, behavioral economics
Professor Dan Ariely discusses why there's an altruistic feeling following a crisis and what happens when everyone is going after a few limited resources.