Private employers have largely abandoned the traditional defined benefit pension. Those that haven’t have frozen them, trimmed future benefits or otherwise attempted to manage their
It matters or it doesn’t
Modern Monetary Theory (MMT) holds that government spending and accumulated debt doesn’t matter because the Country can create money endlessly. Economists generally agree that in
I’m right and Paul Krugman is looking in the wrong place …
… for the problem. Krugman makes the argument that opposition to raising the minimum wage to $15.00 an hour is not valid because doing so
Opinion you say?
Congress did not steal the Social Security trust funds Members of Congress do not receive their pay for life Members of Congress do not receive
Charge it!
What do these numbers represent? 1944 $1,021 1952 $1,649 1960 $1,617 1963 $1,626 1968 $1,720 1974 $2,204 1976 $2,528 1980 $3,719 1984 $5,903 1988 $9,723
Fixing the social Security COLA
You’ve heard it before. Inflation is not measured accurately for seniors, it’s inadequate, most seniors rely on it … and on and on. Calls for
