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Dean Baker
Published: Sunday 9 December 2012
When people being portrayed as policy experts tell you that the United States or other countries face a demographic disaster because of declining ratios of workers to retirees they are mostly trying to tell you that they are not very good arithmetic.

The Nonsense About a Demographic Crisis

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One of themes that recurs endlessly in news coverage is that the United States and other countries face a disastrous threat to their living standards as a result of a falling ratio of workers to retirees. This is one that can be easily dismissed with some simple arithmetic.



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ABOUT Dean Baker
Dean Baker is co-director of the Center for Economic and Policy Research in Washington, D.C. He previously worked as a senior economist at the Economic Policy Institute and an assistant professor at Bucknell University. He is the author of several books, including Plunder & Blunder: The Rise and Fall of the Bubble Economy, The Conservative Nanny State: How the Wealthy Use the Government to Stay Rich and Get Richer and The United States Since 1980. He was the editor of Getting Prices Right: The Debate Over the Consumer Price Index, which was a winner of a Choice Book Award as one of the outstanding academic books of the year. He appears frequently on TV and radio programs, including CNN, CBS News, PBS NewsHour, and National Public Radio. His blog, Beat the Press, features commentary on economic reporting. He received his B.A. from Swarthmore College and his Ph.D. in economics from the University of Michigan.

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Gay Rights

Supreme Court Takes No Action On Same Sex Marriage Cases

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The Supreme Court on Monday was silent on whether it will remain silent on same sex marriage. The justices met in private on Friday to discuss whether or not to review chalenges on the U.S. Defense of Marriage act, an act which denies benefits to same sex couples. 31 of the 50 states have banned same sex  marriage while Washington D.C. and nine other states have legalized it. Even where same sex marriage is legal, howeverr, same sex couples do not receive benefits due to DOMA.

Read it at Reuters


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Big Oil

Senators Push Obama to Propose Clean Gasoline Rules

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A group of democratic senators are going to propose new regulations on gasoline today. The plan is to set rules that will cut the sulfur in gasoline this year and finalize the legislation next year. Ed Whitfield, a republican in the house of representatives, introduced a bill this year to stop just this. The EPA however has testified before congress showing that this will actually decrease costs in the long run. 

Read it at Reuters


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Sorry Monsanto: Govt Admits GM Bt Cotton Crops Fail 40%

Lisa Garber
Natural Society / News Report
Published: Thursday 29 November 2012
Faced with unbearable debt and health problems, the National Crime Records Bureau predicts that 5,000 farmers will have committed suicide by the end of the year.
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The government of Maharashtra, a state in western India, has acknowledged for the first time that Bt cotton is a failure that will likely reduce yields by 40%, from 3.5 to 2.2 million quintal. The region’s cotton farmers will face about Rs6,000 crore, over 1 billion USD. Accumulated losses are to be even more staggering: Rs 20,000 crore, or about 3.6 billion USD, due to rising cultivation costs.



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Robert Reich
NationofChange / Op-Ed
Published: Thursday 29 November 2012
Earlier this week the Council of Economic Advisers published a report detailing the awful consequences of going over the so-called “fiscal cliff.”

Bungee-Jumping Over the Fiscal Cliff

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What’s the best way to pressure Republicans into agreeing to extend the Bush tax cuts for the middle class while ending them for the wealthy?

The President evidently believes it’s to scare average Americans about how much additional taxes they’ll pay if the Bush tax cuts expire on schedule at the end of the year. He plans to barnstorm around the country, sounding the alarm.

This article was originally posted on Robert Reich's blog.



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ABOUT Robert Reich

 

ROBERT B. REICH, one of the nation’s leading experts on work and the economy, is Chancellor’s Professor of Public Policy at the Goldman School of Public Policy at the University of California at Berkeley. He has served in three national administrations, most recently as secretary of labor under President Bill Clinton. Time Magazine has named him one of the ten most effective cabinet secretaries of the last century. He has written thirteen books, including his latest best-seller, “Aftershock: The Next Economy and America’s Future;” “The Work of Nations,” which has been translated into 22 languages; and his newest, an e-book, “Beyond Outrage.” His syndicated columns, television appearances, and public radio commentaries reach millions of people each week. He is also a founding editor of the American Prospect magazine, and Chairman of the citizen’s group Common Cause. His widely-read blog can be found at www.robertreich.org. Robert Reich's new film, "Inequality for All" is available on DVD
and blu-ray, and on Netflix in February.

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