Americans' economic insecurity at 25-year high WASHINGTON (MarketWatch) -- Insecure about your finances? You're not alone. Economic insecurity in the U.S. is at its highest point in 25 years, according to a report released late Wednesday. Almost one in five Americans are estimated to be insecure in 2010, compared with less than one in eight in 1985, according to the report from the New York-based philanthropy Rockefeller Foundation, and Jacob Hacker, a political science professor at Yale University. And while economic insecurity is substantially higher for less affluent and educated Americans than for other groups, it has risen across virtually all parts of American society -- it's an issue squarely confronting the American middle class." The report defines the economically insecure as those whose available household income fell by at least 25%, after adjusting for inflation, from one year to the next due to a decline in household income, and/or an increase in out-of-pocket medical spending. The economically insecure also lack an adequate financial safety net. Economic security fluctuates with the health of the general economy, according the report. "When the business cycle experiences an upturn, Americans' odds of suffering a large fall in income decreases," the report said. "But this cyclical pattern has been accompanied by a gradual rise in the overall prevalence of economic insecurity in good times as well as in bad." http://www.marketwatch.com/story/americans-economic-insecurity-at-25-year-high-2010-07-21 Americans' economic insecurity at 25-year high Insecure about your finances? You’re not alone. Americans’ economic insecurity is at its highest point in 25 years, according to a report released late Wednesday. marketwatch.com What's left to do ??? How can we secure ourselves to a financial freedom and sefe net ???? would it call for blacks to really make a short as well long term planning and what about our children future ????