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CEOs With Massive Retirement Fortunes Push Social Security Cuts | The Nation

CEOs With Massive Retirement Fortunes Push Social Security Cuts | The Nation
"These CEOs aren’t just trying to short the average American retiree; they’re throwing their own under the bus. While raising alarm about the federal debt, Business Roundtable CEOs have run up massive deficits in their employees’ pension funds."

Employers Actually Plan To Hire More Full-Time Workers As Obamacare Rolls Out

Employers Actually Plan To Hire More Full-Time Workers As Obamacare Rolls Out: American companies expect to increase the number of full-time employees by 1.8 percent over the next 12 months, undermining conservative critics who've argued that the health care law would hamper business growth and expansion.

The Great American Do-It-Yourself Retirement Fraud, Brought to You By Big Finance & Co. | Alternet

The Great American Do-It-Yourself Retirement Fraud, Brought to You By Big Finance & Co. | Alternet
"The United States is on the verge of a retirement crisis. For the first time in living memory, it seems likely that living standards for those over the age of 65 will begin to decline as compared to those who came before them—and that’s without taking into account the possibility that Social Security benefits will be cut at some point in the future.

The culprit? That same thing Mathisen celebrated: the 401(k), along with the other instruments of do-it-yourself retirement. Not only did they not make us millionaires as self-appointed pundits like Mathisen promised, they left very many of us with very little at all."

Bombshell: Plutocrats Brazenly Collude to Hurt State Economies and Screw Working People | Alternet

Bombshell: Plutocrats Brazenly Collude to Hurt State Economies and Screw Working People | Alternet
"Illinois fatcats discuss plan to sabotage state bond ratings in scheme to destroy pensions."

‘Death By Zip Code’: Health Disparities Between Rich And Poor Areas Are Only Getting Worse

‘Death By Zip Code’: Health Disparities Between Rich And Poor Areas Are Only Getting Worse: On Tuesday, a new report revealed that Americans are in “mediocre” health, and the United States has significantly worse health outcomes than other wealthy countries. But in addition to the gap between the U.S. and other developed nations, the new research also documented the widening gulf between different areas of this country — and the [...]/p

Nearly Zero Percent Savings Interest Rates Are Forcing Seniors to Ration for Survival, While Wall Street Investors Are Making Record Profits

Nearly Zero Percent Savings Interest Rates Are Forcing Seniors to Ration for Survival, While Wall Street Investors Are Making Record Profits
"The continual cries of "austerity" by the wealthy integrally relate to this tale of two economies, because there is no austerity being imposed on the wealthy: it's like the 1920's all over again for them.

However, seniors and the working class are being squeezed by cuts in benefits, pay, and the inability to earn interest of any meaningful size on money that they saved for retirement.For most Americans, they have been living in austerity for years now.

It's time to see some austerity imposed upon the 1 percent.

Far too many of the rest of us are already "austeritied" to rationing for survival."

The Grand Bargain Could be Grand Sellout | Common Dreams

The Grand Bargain Could be Grand Sellout | Common Dreams
"We need a budget that keeps the promises we have made to our seniors, veterans and the most vulnerable by protecting Social Security, Medicare and Medicaid benefits."

Progressive 'Back to Work' Budget Wins Praise for Anti-Austerity Approach | Common Dreams

Progressive 'Back to Work' Budget Wins Praise for Anti-Austerity Approach | Common Dreams
"In the midst of ongoing hysteria about a 'non-existent deficit crisis' in Washington, the Congressional Progressive Caucus on Wednesday unveiled an alternative approach to destructive austerity economics by releasing their 'Back to Work Budget' plan for 2014."

How Bad Are Republican Cuts?

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True Aim of Deficit Scare-Mongering: To Gut Social Security and Medicare | Common Dreams

True Aim of Deficit Scare-Mongering: To Gut Social Security and Medicare | Common Dreams
"Attacks on entitlement programs and income supports raise a troubling question. Why are conservatives so intent on cutting them? To be sure, there is the general conservative hostility against government spending, and against those they look down on as “dependent” on the government. Entitlements, however, also place a floor under wages and substantially reduce the pain of unemployment. Pulling this floor out from under American workers would almost certainly cause wages to fall precipitously for most working-class people. A cynic might wonder whether this isn’t, after all, the real goal of conservative deficit hawks and their big-business backers."

#GOPSequester: 98 Percent of What They Wanted