by Richard Eskow | Apr 6, 2013 | Chained CPI
This week it was announced that President Obama’s next budget will include a benefit cut to Social Security in the form of the “chained CPI,” a recalculation of cost-of-living increases at a lower rate. This move was met with dismay among progressive activists, which...
by Richard Eskow | Apr 5, 2013 | Too Big To Jail
Have the Wall Street Democrats of “Third Way” or their predecessors in the Clintonite “Democratic Leadership Council” ever been right about an important economic issue? That’s not meant as a thoughtless insult or flippant one-liner. We consider it a legitimate line...
by Richard Eskow | Apr 3, 2013 | Minimum Wage
Years ago I heard an old Irish politician tell a joke, in that brogue only old-time Irish politicians could pull off, about a prisoner who had his tonsils removed one December. The following December the prisoner had his adenoids taken out. A year later he was...
by Richard Eskow | Apr 2, 2013 | Blog
How much sicker does the patient have to get before the doctors stop prescribing poison? Here are some selected news stories out of Europe: New York Times: "Unemployment in Euro Zone Reaches a Record High" WSJ: "Sixth Quarter of Contraction Looms for Euro Zone" Der...
by Richard Eskow | Apr 2, 2013 | Chained CPI
Two recent news reports indicate that the president is “strongly considering” cuts to Medicare and Social Security in his upcoming budget, which is to be released in less than ten days. The question’s been asked for four years: Why would Obama want to cut these...
