Subject: WTC October 2015 Newsletter (Corrected)

WTC's Financial Forum: A Division of the World Trade Council
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A Guide Into and Through Your Retirement Years
What Causes Inflation in the United States
As we all know, inflation affects everything around us, from basic necessities like housing, food, medical care and utilities to cosmetics and automobiles.

But do we really know what is happening with inflation?

This article will examine the fundamental factors behind inflation in the United States, which includes cost-push inflation, demand-pull inflation and the impact of consumer expectations on inflation.





Retirement Planning for Dual-Income Households

The typical American family reflected in iconic television shows of the 1950s and 1960s, in which the husband went off to work each morning and the wife happily played out the role of homemaker, is firmly in the minority. 

By 2012, the Bureau of Labor Statistics reported that six in 10 families with children have two working parents. What's more, the majority of Americans feel they need dual incomes in order to reach their financial goals.


New state law to cap community college staff buyouts and severance agreements

Governor Bruce Rauner signed into law caps that will limit the amount a community college may offer staff members in buyout or severance agreements, limiting the offer to no more than one year of salary and benefits in a buyout or severance package.

The legislation, introduced in the Illinois House by State Rep. Jeanne Ives (R-Wheaton), was prompted by the College of DuPage Board of Trustees’ $763,000 buyout offer of their scandal-ridden President Robert Breuder last year.

Lawsuit Over Nativity Scene

In a clash between two inalienable rights housed in the first amendment to the constitution, freedom of speech bested the ACLU’s extrapolation of: “Congress shall make no law respecting an establishment of religion.”  
What does this portend for other government supported institutions?
51 Reasons Living In Chicago Ruins You For Life

Here are 51 things that will make you love Chicago.

Take a peek.

Maybe it will remind you of why this is such a great place to live.



Israel Just Lost

The results of Israel’s election are good for Benjamin Netanyahu in the short run but bad for Israel in the long run.

Many have commented that the outcome will exacerbate tensions between Israel and President Obama, but that misses the larger point—which is that it will also further alienate Israel from the world.

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