Social Security



Do tax cuts for the rich trickle down to the rest of us? And does taxing the rich hurt the economy? Is Social security a Ponzi scheme? Robert Reich, Secretary of Labor under President Bill Clinton, presents his list of seven popular-wisdom economic claims that are untrue. Feel free to debate.


Senator Sanders connects the dots between the Koch brothers and the attacks on Social Security. This video, part of the Brave New Films‘ Koch Brothers Exposed campaign, investigates the millions of dollars that the Koch brothers spend to create an echo chamber to take away our Social Security. Read more about the right wing echo chamber at Alternet.

Help spread the word so we can expose the Koch brothers and protect our Social Security.


Out Of MoneyDennis Cauchon writes in USA Today:

The federal government’s financial condition deteriorated rapidly last year, far beyond the $1.5 trillion in new debt taken on to finance the budget deficit, a USA TODAY analysis shows.

The government added $5.3 trillion in new financial obligations in 2010, largely for retirement programs such as Medicare and Social Security. That brings to a record $61.6 trillion the total of financial promises not paid for.

This gap between spending commitments and revenue last year equals more than one-third of the nation’s gross domestic product.

Medicare alone took on $1.8 trillion in new liabilities, more than the record deficit prompting heated debate between Congress and the White House over lifting the debt ceiling.