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Happy Monday! Welcome to this week’s edition of “Get 1% Better Newsletter,” where we delve into the intricate maze of life’s challenges and obstacles. Our lead story discusses the expulsion of two black Democratic lawmakers from the Tennessee legislature, Justin Jones and Justin Pearson after they peacefully protested gun violence. Meanwhile, a vote to expel a white colleague failed, raising questions about potential racial bias and a lack of democracy in the state. Additionally, we tackle the alarming issue of millions of Americans nearing retirement age with no savings, discussing expert-recommended strategies for achieving financial security. Lastly, we share insights from Stephen Marche’s eye-opening book, “The Next Civil War,” which analyzes the current political situation in America and its potential consequences. In this newsletter, we also share some thought-provoking quotes and the action steps you can take based on their messages. So, buckle up and prepare for an engaging and informative read that will surely leave you eager for more! Fascinating Articles I Read Last WeekThe Tennessee 3: “A Public Lynching”: Justin Jones, Black Tennessee Lawmaker, Responds to Expulsion from State HouseTwo black Democratic lawmakers, Justin Jones, and Justin Pearson, were expelled from the Tennessee legislature for peacefully protesting gun violence, while a vote to expel a white colleague failed. The Republican-controlled legislature removed the lawmakers who defended their protest and called for an end to gun violence. Critics argue that the expulsions reveal a lack of democracy in the state and may have been influenced by race.
State representatives Justin Jones and Justin Pearson were expelled after the Republican majority voted along party lines. Both lawmakers have advocated for gun reform, citing numerous victims of gun violence. Their expulsion has drawn attention to potential racism and absurd policies in the state capital. Democratic representative Gloria Johnson pledged to work towards reinstating her expelled colleagues, suggesting that race might have played a role in their removal. Critics argue that expelling opposition voices from the legislative body indicates authoritarianism, not democracy. The expelled lawmakers represent a future that champions human rights, democracy, and social justice, in contrast to the state’s history of white supremacy, capitalism, and patriarchy.
Millions of Americans are nearing retirement age with no savings.Maryann O’Connor’s situation highlights the importance of planning for retirement. At 66 years old, she has no savings or 401(k) and works two jobs to make ends meet.
According to data from the US Census Bureau, approximately 50% of women and 47% of men aged between 55 and 66 have no retirement savings. To address this issue, experts suggest several steps. Firstly, it is recommended to continue working, save when possible, lower the cost of living, delay social security benefits until age 70, and avoid risky investments. Additionally, early retirement savings is advised, and even those without savings can create a plan. It’s alarming that nearly 57 million Americans work for employers that do not offer retirement savings plans.
This means that many people may have to rely solely on social security benefits, which can be a challenge to maintain a comfortable standard of living in retirement. To mitigate this issue, it’s essential to take proactive steps such as saving money, reducing expenses, and planning ahead for retirement. Maryann O’Connor’s situation highlights the importance of planning for retirement. At 66 years old, she has no savings or 401(k) and works two jobs to make ends meet. This demonstrates the need for individuals to take action early to save for retirement and ensure financial stability in their later years. In summary, retirement planning is crucial, particularly for those without savings. Experts recommend a range of steps to help achieve financial security, such as continuing to work, saving when possible, lowering the cost of living, delaying social security benefits, and avoiding risky investments. Taking proactive steps early on can help individuals achieve a comfortable standard of living in retirement, even if they work for an employer that doesn’t offer a retirement savings plan.
What I’m Reading That’s Blowing My MindThe Next Civil War by Stephen MarcheโThe Next Civil War is a book by Stephen Marche that provides an insightful analysis of the current political situation in America and its potential consequences. Marche’s book is a collection of dispatches from the American future, focusing on the factors that could lead to another civil war. The book warns Americans about the dangers of political polarization and the consequences of ignoring it.
โ 3 Quotes That Caught My AttentionWatch out for people that will put you last but call you first when they have a problem.
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