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Louisiana teachers' union concerned about educators' future; Supreme Court hears arguments in Trump immunity case; court issues restraining order against fracking waste-storage facility; landmark NE agreement takes a proactive approach to CO2 pipeline risks.

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Speaker Johnson accuses demonstrating students of getting support from Hamas. TikTok says it'll challenge the ban. And the Supreme Court dives into the gray area between abortion and pregnancy healthcare, and into former President Trump's broad immunity claims.

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The urban-rural death divide is widening for working-age Americans, many home internet connections established for rural students during COVID have been broken, and a new federal rule aims to put the "public" back in public lands.

Being Older in Oregon Has Advantages – Income Isn’t One of Them

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Wednesday, November 16, 2011   

CLACKAMAS, Ore. - A new report from Pew Social Trends is generating some generational controversy in Oregon. But it's misunderstood, according to AARP Oregon.

The Pew study shows that older folks have a higher net worth than do younger families. AARP Oregon state director Jerry Cohen says the data has been characterized as the older generation taking from the younger. That's not the case, he says, and the study outlines how all generations have had to tap into savings as living expenses and health-care costs have risen.

"Those of us older have built up some home equity. The downside, of course, is that we've learned home is not a liquid asset. In reality, as my home value continues to decline and I'm not able to liquidate it, I'm even in a tighter fix."

A separate AARP report shows more than half of those 65 and older have individual incomes of $20,000 a year or less, no matter their home equity, and one in six lives in poverty.

The congressional "super-committee" is looking at ways to cut federal spending, with debate centered on support programs such as Social Security, Medicare and Medicaid. Cohen says the committee is also making other important decisions that affect all families...

"At the end of the day, we can all acknowledge that everyone is suffering right now. The goal is (to) try to make sure that all generations are able to float upward. No one wants to be living below the poverty level."

The Pew report, "The Rising Age Gap in Economic Well-Being," is online at pewresearch.org. The AARP research is at aarp.org.


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