by Dave Johnson | Dec 14, 2012 | Blog, Chained CPI
The latest proposal to cut Social Security coming from our out-of-touch DC elites literally says that because old people cut back to cat food when people food is expensive, then we shouldn't let Social Security rise enough to keep covering people food. It literally...
by Richard Eskow | Dec 13, 2012 | Blog, Too Big To Jail
Last night Hurricane Sandy's victims got a lot of much-needed help, and everybody got a great concert. I mean, come on, people: McCartney sounds as great singing Helter-Skelter today as he did in 1968 - and he's seventy years old. (That's not an argument for raising...
by Richard Eskow | Dec 12, 2012 | Blog, Chained CPI
The “chained CPI” is an attempt to camouflage deep cuts to Social Security and other benefits, along with tax hikes on middle class wages (but not for high incomes), in a forest of numbers and terminology. Know who's expert at camouflage? Veterans. And a whole lot of...
by Isaiah J. Poole | Dec 12, 2012 | Blog, Chained CPI
Progressive Caucus member Rep. Donna Edwards, D-Md., is working to get her colleagues to sign a letter pledging to oppose a "fiscal cliff" deal that would include a particularly pernicious cut in Social Security benefits. It is pernicious because if it gets included...
by Terrance Heath | Dec 10, 2012 | Blog, Economy, Minimum Wage
Apparently, the "fiscal cliff" is no cliffhanger. Howard Kurtz writes that Americans are "tuning out" the "fiscal cliff" debates in Washington because "the players haven’t gotten serious," about making a deal. Maybe it's because we know a "made for TV drama" when we...
by Digby | Dec 10, 2012 | Blog, The Sequester
Today is a progressive "day of action" on the fiscal cliff negotiations with a bunch of organizations holding events around the country. Here's one from the AFL-CIO. You can click over to find the event near you: PROTECT OUR FUTURE IN THE COMING BUDGET SHOWDOWN After...