by Richard Eskow | Dec 20, 2012 | Blog, Chained CPI
Fix the Debt, a front group for corporations, billionaires, and defense contractors, wants people to call their Representatives and demand that they avoid the "fiscal cliff." The group's latest email is so badly written that it cries out for laughter, but its...
by Stan Collender | Dec 20, 2012 | Blog, The Sequester
Don’t expect Congress to tackle a tax overhaul anytime soon. For the third year in a row I am not writing a year-in-review column because, honestly, they’re boring and unnecessary. If you’ve been interested enough in the federal budget to read my column in 2012, you...
by Mike Lux | Dec 20, 2012 | Blog
When I was a young organizer for Iowa Citizen Action Network, we were doing a lot of work on utility rate hikes. I met an elderly woman, maybe late 70s, who was living on her Social Security check. As utility prices went through the roof, her cost of living increase...
by Dave Johnson | Dec 20, 2012 | Blog
US manufacturing wages are competitive, but wages are not the only reason companies might not be coming back. The Bureau of Labor Statistics released a report this week, International Comparisons of Hourly Compensation Costs in Manufacturing, 2011, that debunks the...
by Terrance Heath | Dec 20, 2012 | Blog, Chained CPI
Yesterday, I posted that progressive leaders in Congress are saying "No Deal" to "fiscal cliff' deals that cut Social Security benefits while cutting the wealthy yet another break on taxes. Today, that list is growing, as more progressive join what's beginning to look...
by Richard Eskow | Dec 19, 2012 | Blog, The Sequester
The President's latest budget offer slashes a 95 year old retiree's Social Security benefits by more than nine percent -- and trims the defense budget by less than one percent. Nancy Pelosi insists that these benefit reductions aren't "cuts," which is consistent with...