This report by the Kaiser Family Foundation about elder poverty is shocking. I don’t think people realize just how many millions of people are barely subsisting in their old age, but it’s many more than the government likes to admit to. Just as with the Chained-CPI, we’re dealing with how they are accounted for rather than the actual numbers these people are forced to live on.
Did you know that Washington, DC is the 9th most expensive American city to live in? Did you also know that thousands of private sector workers whose jobs are supported by taxpayer dollars don’t earn enough to live in the city where they work? Tomorrow, those workers are rallying for livable wages, in America’s 9th [...]
If President Obama played basketball with the king of Bhutan, would the world have a better shot at becoming a happier place? What makes us happy? A simple question. In America, we’ve been asking it ever since 1776, the year we declared for “life, liberty, and the pursuit of happiness.” Back in those days, Americans [...]
For weeks, I’ve been writing that the movement to increase the minimum wage near you. Next week, however, that movement will arrive in my own back yard. Low-wage workers organized by Good Jobs Nation are coming to Washington, DC to rally for living wages, on Tuesday, May 21st, at 12:00pm, at Columbus Circle, in front of Union Station.
But this protest isn’t targeting fast food restaurants like McDonald’s or Burger King or retail shops like TJMaxx. On Tuesday, low-wage workers will take their demands to the biggest low-wage job creator in the country — the one funded by taxpayers like you and me: the federal government.
Over at The Week, I make the argument that presidential scandal politics usually fail to lift the political prospects of the party outside the White House. No party has reaped a political reward from pushing scandal since Nixon, yet both parties have repeatedly tried. However, short of impeachment or electoral gains, opposition parties may be [...]
In the latest round of atrocities committed by conservatives, Republicans on the House Agriculture Committee sent to the House floor a farm bill on Wednesday that offers little food for families while dishing out corporate subsides. In protest, organizational leaders and activist met with elected officials on Capitol Hill to demonstrate opposition to cutting the [...]
There was a time when a $200+ billion reduction in the federal budget deficit would have been big news and hailed as a singular achievement worthy of either fiscal sainthood or a dance-on-the-table party…or both.
Yet yesterday’s Congressional Budget Office report showing that the fiscal 2013 federal deficit will be $642 billion, $203 billion less than CBO’s previous estimate of $845 billion, did not create any spontaneous cannonizations or celebrations. It also didn’t change the still-stalemated and crisis-oriented federal budget debate by even a small amount.
The bottomline: It’s in almost no one’s interest to be happy about the budget news that should have made everyone happier.
Here’s why.
The deficit is now down 60 percent as a percent of gross domestic product. It is down more than the deficit hawks Alan Simpson and Erskine Bowles asked for. This rapid reduction is seriously hurting the economy and jobs, but demands for cuts continue. It is time for Congress and the President to “pivot” to [...]
Senate Republican obstruction of President Obama’s nominee for secretary of labor, Thomas Perez, got a strong rebuke from a coalition of Latino organizations that held a march and rally on Wednesday to call for an end to the filibuster threats to his nomination. “We are here to put forward our full support for Tom Perez [...]
Yesterday, in response to recent IRS admissions, President Obama called the enhanced investigation of conservative groups seeking tax-exempt status “intolerable and inexcusable.” And, Attorney General Eric Holder announced a criminal investigation into the allegations against the IRS. But both of them are missing the point.
The scandal here is not that political groups were targeted by the IRS, it’s the fact that political groups are being subsidized by John Q. Taxpayer. Groups that are politically motivated, and not really “social welfare” organizations, shouldn’t receive preferential tax treatment in the first place – regardless of their political affiliation.