‘Poverty’ like we’ve never seen it

By ROBERT RECTOR for the New York Post Posted 12/1/2012   The federal government now considers a family of four in New York City to be poor if its pre-tax income is below $37,900.Even with full medical coverage. The calculation helps explain why newly revised...

Fiscal cliff explained

Posted 11/12/2012 NEW YORK (CNNMoney) — The fiscal cliff is a man-made disaster waiting to happen. It starts to take effect in January and includes $7 trillion worth of tax increases and spending cuts over a decade. While that might seem like a deficit...