Even a small third party would exert tremendous influence on economic policies with swing vote

Jared Bernstein recently asked how we can move forward with economic change in this country. Mine was one of many fine answers: The political solution to your question is even more politics. Two parties that espouse different social value views, but the same basic economic principles, now also decide in favor of the class that … Continue reading Even a small third party would exert tremendous influence on economic policies with swing vote

We should not use our Social Security worker contributions to pay for general welfare programs

The day after the President's State of the Union address, many pundits are concerned with his reference to Social Security, a subject he continues to toss out as a bargaining chip with the GOP.   Social Security is a worker program that has been used as a welfare program. Our 13.4% contributions (you plus your … Continue reading We should not use our Social Security worker contributions to pay for general welfare programs

Social Security benefits keep dropping…

While there has been much discussion about the AMT (Alternative Minimum Tax) and revising it upward so it affects fewer people, Social Security benefits have not received the same attention.The SSA website notes:Beginning in 1984, includes up to one-half of Social Security benefits as taxable income for taxpayers whose adjusted gross income, combined with half … Continue reading Social Security benefits keep dropping…

We need a third party with no pure social issue concerns

We need a separate political party that only focuses on economic equality – no social issues, idealogy, etc. – just plain fair taxes and benefits for the middle and lower class.With just a few votes in the Senate and a couple dozen in the House, this new party would wield enough power to move both … Continue reading We need a third party with no pure social issue concerns

MSNBC and Politico Unite (it seems)

Today, the news seems to be mirrors - MSNBC commentators, Politico writers and even the Huffy AOL, are arguing that entitlement cuts have to come fast, and that means the destruction of Social Security and Medicare.One of the most disgusting examples of this Pete Peterson type campaign was MSNBC introducing a segment on cuts for … Continue reading MSNBC and Politico Unite (it seems)

If Bush had been allowed to win another term as President, then:

We would have 150,000 troops in Iraq and Afghanistan. Guantanamo Bay would be open. There would be no public option on healthcare, and policy costs would continue to rise. Seniors would face cuts in Social Security and Medicare benefits. DADT would be Pentagon policy. Wall Street would get all the tax breaks they wanted, paid … Continue reading If Bush had been allowed to win another term as President, then:

Paris is burning! Deficit Commission looks for matches.

Paris is burning and a Democrat on President Obama’s deficit commission predicted recently that the bipartisan panel would come up with recommendations to "shore up" (destroy) Social Security. “The stars are aligned,’’ said Alice Rivlin, a former budget director under President Clinton and now a senior fellow at the Brookings Institution. “I do expect that … Continue reading Paris is burning! Deficit Commission looks for matches.

MSNBC finally found France

In a news report early this morning, MSNBC noticed that some 3.5 million residents of France were demonstrating in the streets against raising the retirement age from 60 to 62. In the U.S. the current age is 66 with a law change leading to 67. There was no mention of the strike affecting the supplies … Continue reading MSNBC finally found France