Michael Hiltzik’s August 6 column in the LA TIMES was pretty thought-provoking on the current Social Security dialogue. And it leads to some rather interesting points that should be raised about Social Security solvency, Medicare, Medicaid, and the future of entitlement programs. It also brings up some questions on taxes. We will show exactly how [...]
Entries Tagged as 'entitlements'
How to Fix Social Security and Balance the Budget
August 12th, 2010 · 1 Comment · Economics, Politics, Populism
Tags: budget deficits·entitlements·Medicare·Military spending·national debt·Neocons·Social Security·tax the rich
Raise Taxes or Cut Entitlements–You Decide.
July 2nd, 2010 · 1 Comment · Capitalism, Economics, jobs, Politics, taxes
You should see one particular chart from the Congressional budget office. Here’s what it says: The lowest two quintiles (lowest 40%) of wage earners averaged $17,400 in 1979. The Top One percent of wage earners averaged $167,500 in 1979. By 2007, the 27th year of the Neoconservative Era, the bottom two quintiles made $20,500. That’s [...]
Tags: CEO pay·Corporatism·cuts in Medicare spending·cutting taxes·cutting the national debt·deficit spending·entitlements·government deficits·raising taxes·Social Security and Medicare·the national debt·the top 1% of income earners