The median Social Security benefit in the United States is $1,335 a month, before they take out monthly $100+ in Medicare premiums. Jeb Bush, the somewhat fat and very goofy brother of former President George Bush, wants to steal that benefit, not for one month, but for 36 months, or a total of $48,060. What … Continue reading Jeb Bush wants to steal $48,060 from each of us with brutal Social Security cuts. His rich backers are overjoyed at scheme!
A 52% increase in Medicare Part B premiums is anticipated next year for about 30% of all participants. Nearly everyone older than 65 is on Medicare, so this huge change will affect 12 million or more Americans. And it's all thanks to legislative changes by our politicians, who get virtually free healthcare for life. Most … Continue reading Medicare Part B hike of 52% in 2016 is major tax increase
Billions for banks. Hardly a farthing for the families of Greece. The country continues to face impending feudalism to pacify a financial monarchy ruling Europe. Since 2010, Greece has received nearly $277 billion in bailout funds. Almost all of the money has gone to pay the country’s debts, cover credit default swaps, pay jacked up … Continue reading Greece bailouts are just to keep banks fat and happy, while families suffer from ten consecutive cuts to their livelihoods
The usual self-centered politicians and their masters at Fix the Debt, Libertarian Caucus, Tea Party and Fox News, along with a pack of pitiful former government officials like Ed Rendell, this week bemoaned the so-called "doc fix", which brings Medicare payments to providers up to miserable levels, instead of a 21% cut. That reduction in … Continue reading Medicare tax gets you mandatory program for health insurance that costs fortune in co-pays, deductibles
It's budget season time again. The Washington Post and NYT have already published their obligatory stories on why we need to "reform" Social Security, Medicare and Medicaid, because if not, we won't have hardly any money left to spend on military and discretionary programs. Fox and NBC stations this week said we must "deal" with … Continue reading Earned Income Tax Credit (EITC) is a boon for corporations, blatant welfare for companies that underpay their workers
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