One of the persistent myths about Social Security is that benefit cuts could be done in a way that would only affect the richest Americans. So let us clarify the issue for those who are confused. Cuts that would have any meaningful impact on Social Security’s finances will necessarily fall on the middle class. Period.
Even if we were prepared to endure the damage that cuts for the rich would wreak on the program, doing so would not shore up Social Security’s finances. There is not enough money in the Social Security checks of the richest men in the country to buy the government an armored Humvee, let alone fill Social Security’s $700 billion shortfall.
Robin Hood, the guy who robbed the rich and gave to the poor, wore a short frock and tights. From the get-go, the guy serving the disadvantaged while sporting gay attire would fail the entrance exam required to become a card-carrying Republican.
The GOP is, after all, the anti-gay marriage, anti-repeal Don’t Ask Don’t Tell crew. More than that, Republicans are anti-working class. more »
It’s beginning to look a lot like Christmas
Ev’rywhere you go;
Take a look in Tiffany’s store, glistening once again
With Wall Street bonus trinkets all aglow.
It’s beginning to look a lot like Christmas
Art flies from Christie’s.
But the amazing sight to see is the tax cut guarantee
For the most wealthy.
Hedge funders content, still paying 15 percent
Is the wish more »
There's a flood of reaction out there among Progressives and other Democrats criticizing the recent “tax deal” on grounds that President Obama was rolled again and got far too little for his agreement to extend the Bush Tax Cuts for the wealthy, and agree to Estate tax rates of 35%. I share that opinion. more »
A brutal competition pits worker against worker continually now in this country. Five unemployed people vie with each other for each available job. It’s like a cruel game of musical chairs, with five desperate competitors for one seat.
Workers who’ve lost cars to repossession and homes to foreclosure run around frantically trying to get that one job. more »
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