RSS Feeds
The New Deal
|
RECENT REPORTS
Computer models can test a quake's effects on your house. The result could change your rates or threaten your policy.
-
Companies are discarding traditional pensions -- or making
government foot the bill. Delphi workers struggle with the
changing landscape.
Residents are left to fend for themselves in making the
decision on whether to rebuild. A slowdown in aid and
planning leaves individuals facing huge risks.
Debra Potter made a good living selling disability
coverage. But like many working Americans, she learned the
hard way that federal law now favors insurers.
THE INITIAL SERIES
Los Angeles Times reporter Peter
G. Gosselin is examining an American paradox: Why so many
families report being financially less secure even as the
nation has grown more prosperous. The answer lies in a
quarter-century-long shift of economic risks from the broad
shoulders of business and government to the backs of working
families. Safety nets that once protected Americans from
economic turbulence — safeguards like unemployment
compensation and employer loyalty — have eroded or
vanished. Families are more vulnerable to sudden shifts in
the economy than any time since the Great Depression. The
result is a daunting "New Deal" for many working Americans
— one that compels them to cope, largely on their own,
with financial forces far beyond their control. |
FOLLOW-UPS AND RELATED STORIES
THE NATION
The president's go-slow approach is called a recipe for chaos, even by fellow Republicans.
California insurance regulators today will announce that they are fining the nation's largest disability insurer $8 million, requiring the company to reopen as many as 26,000 California cases and demanding that it alter the policies it sells in the state to include greater consumer protections.
KATRINA'S AFTERMATH
Most of the agency's preparedness budget and focus are related to terrorism, not disasters.
NEWS ANALYSIS
WASHINGTON — Last week's court decision permitting United Airlines' parent to dump its pensions on the federal government is part of a sweeping trend that could make the nation's employers more competitive, but at the cost of leaving workers and their families bearing big new risks.
They sought new laws but found ways to make money even on people who went bankrupt.
The retirement accounts have had less appeal and spottier success than Bush plan's projections.