Appearing on Fox News this morning, Sens. Lindsey Graham (R-SC) and Rand Paul (R-KY) acted like their plan to means-test Social Security and raise the retirement age was the most genius thing since sliced bread. But however attractive these options may at first seem, means testing and raising the retirement age are very bad policy. Click here for a comprehensive take-down of raising the retirement age, and here for a rebuttal of means-testing.
An awful lot of Congresscritters lately have been threatening to refuse to raise the debt limit unless legislative programs whose funding has been previously authorized and appropriated are re-negotiated. Of course, new tea party representatives have been threatening this daily. more »
For 110 years America has reigned as the world’s number one manufacturing nation. Next year, China is expected to wrest that title from the United States.
Last year, the U.S. manufactured $1.7 trillion worth of goods; China fell second at $1.6 trillion. more »
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