by Robert Borosage | Apr 25, 2012 | Blog
Here’s the real debt crisis: student loan debt. Today, the average student graduates from college with a diploma and an anchor — $25,000 of debt. And if Congress doesn’t act, student loan interest rates will double on July 1. Don’t let Congress kick new graduates in...
by Richard Eskow | Apr 24, 2012 | Blog
In the coming days and weeks we'll be hearing a lot of misinformation about the Trustees Report from the Social Security Administration. It's time to separate the myths from the realities: Myth: "Social Security and Medicare have a cost problem." Fact: Medicare has a...
by Isaiah J. Poole | Apr 24, 2012 | Blog
The White House has ramped up its efforts this week for congressional action to prevent interest rates on the Stafford federal college loan program, now at 3.4 percent, from doubling on July 1. As important as addressing that crisis is, it is one skirmish in a much...
by Terrance Heath | Apr 24, 2012 | Blog, Minimum Wage
When Greek prime minister Lucas Papademos, in his statement concerning the austerity-driven suicide of 77-year-old pensioner Dimitris Christoulas, called on Greeks to "support those next to us who stand in despair," he either missed or ignored the same point that...
by Terrance Heath | Apr 24, 2012 | Blog
When 77-year-old Greek pensioner Dimitris Christoulas sat down under a tree in Athens' busiest public square and committed suicide — shooting himself in the head not far from Parliament, and leaving behind a letter blaming the government's austerity policies for...
