“Nobody in Washington is telling people the truth: Focusing on deficits during a recession-cum-depression is wrongheaded, foolish, and destructive.”
On a recent Meet the Press face-off between Democrats and Republicans, a politician claimed we urgently need to cut government spending. He embraced a plan to slash vital government programs and gut retirement security, while actuallycutting taxes for the rich. The only tax hikes in his plan were targeted toward the already-devastated middle class.
Then it was time for the Republican to speak.
Who'd have thought it? Progressive stalwarts like Minority Leader Nancy Pelosi and Sen. Dick Durbin are pushing the same radical austerity plan as Jamie Dimon, CEO of troubled megabank JPMorgan Chase, and Robert Rubin, the Clinton ...
This bill will start taxing income above $250,000 a year to cover this Social Security shortfall; so instead of just “raising the cap” it lets that cap stay, and then takes it off again on income above $250,000.
You hear over and over that Social Security is "in trouble" or that we "can't afford it." This is as far from true as can be, and the idea behind this is to convince people to just give up on defending the program and let the haters have their way. The people who hate Social Security the most are the ones who say they want to make these changes to "save" it. Well Bernie Sanders loves the program and has introduced a bill that actually will save it.
The Haters
Conservatives have hated Social Security from the start, because it is a program that demonstrates once and for all the value of progressive governance. Social Security is as clear an example of We, the People watching out for and taking care of each other as there ever was. It has made a huge difference n the lives of older people, and their/our families. It works, is cost-effective and requires minimal overhead to keep it going. So they hate it.
A very recent example of conservative hatred for ...