The
failure of Congress to come up with a compromise to cut the federal
deficit could be hitting America’s doctors in the wallet. They’re now
facing a steep cut in Medicare reimbursements that’s scheduled to take
effect with the New Year. The issue was to have been addressed in the
deficit talks, and some doctors say they may stop treating Medicare
patients. Source Link
Expect
even more company if you’re venturing out to do your holiday shopping
on Black Friday. According to a survey from the National Retail
Federation, some 152 million shoppers say they will hit stores on the
day after Thanksgiving. That’s up up 10 percent from last year. The
industry group is predicting retail sales in November and December to
rise about 3 percent. Source Link
The
middle class is surely shrinking, and you’ll find the proof in
America’s neighborhoods. A new study says the percentage of Americans
who live in middle class neighborhoods has dropped by one-third since
1970. Of those who moved out, about half have moved up into affluent
addresses, while the rest have stepped down into lower-income locales.
Source Link
