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Tag Archives: Medicare
All the Bad News That Fits
“I met a girl who sang the blues, and I asked her for some happy news. She just smiled and turned away.” In the latest episode of “As the Debt Ceiling Turns”; Boehner walks, Obama has a hissy fit, and … Continue reading
Posted in Afghanistan, budget, Congress, economy, Iraq, Medicaid, Medicare, Obama, Politics, Social Security, Unemployment, Wall Street
Tagged Afghanistan, Boehner, Cisco, claims, debt ceiling, default, Iraq, layoffs, Lockheed Martin, Medicaid, Medicare, mercenary army, Obama, Pelosi, SIGAR, Social Security, spending cuts, State Department, unemployment, Wall Street
1 Comment
Greenwald: Obama Gutting Core Democratic Principles
Yet another gem from Glenn Greenwald in today’s Guardian: “[I]n 2009, clear signs emerged that President Obama was eager to achieve what his right-predecessor could not: cut social security. Before he was even inaugurated, Obama echoed the right’s manipulative rhetorical … Continue reading
Obama Hearts the “Gang of Six” Plan
President Obama was quick to endorse the latest deficit reduction plan, the one from the so-called “Gang of Six” released yesterday, calling it a “very significant step” and “broadly consistent with the approach he has advocated.” This without knowing the … Continue reading
Posted in budget, Congress, economy, health care, Medicaid, Medicare, Obama, Politics, Social Security, Taxes, Unemployment
Tagged Alternative Minimum Tax, CLASS Act, corporate tax cuts, deficit reduction, economic growth, Gang of Six, marginal tax rates, Medicaid, Medicare, Obama, overseas profits, Pentagon, Social Security, spending caps, supply side
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Why Is This So Damn Difficult?
This is so simple it’s ridiculous. The three major causes of the dramatic increases in debt and deficit are: 1) The Bush, now Obama, tax cuts. 2) The wars in Iraq and Afghanistan. 3) The financial collapse caused by Wall … Continue reading
Posted in Afghanistan, budget, economy, Iraq, Medicare, Obama, Politics, Social Security, Taxes, Unemployment, Wall Street
Tagged $2.2 trillion, Afghanistan, American Society of Civil Engineers, Austan Goolsbee, Bush tax cuts, businesses, certainty, customers, debt, deficit, demand, financial transaction tax, free trade agreements, infrastructure, Iraq, jobs, Medicare, patent process, President Obama, Social Security, Wall Street
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Shared Sacrifice, 2011 Style
In light of this: “Before Medicare was implemented—as a social-welfare program designed not just to deliver care but to poverty—one in five Americans lived below the poverty line. After the program was implemented, and after related “War on Poverty” initiatives … Continue reading
Posted in budget, Medicaid, Medicare, Obama
Tagged $300 million, budget deficit negotiations, corporate jet owners, cuts, elderly, health care, Medicaid, Medicare, Obama administration, poverty, tax break
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Six of One, Half Dozen of Another
This concludes another chapter in the ongoing saga of “It Doesn’t Matter Who You Vote For, You Get the Same Thing.” When all the smoke has been blown, and all the posturing and pontificating is done, this is what we … Continue reading
Posted in Congress, economy, Politics, Social Security, Taxes, Unemployment
Tagged 99ers, debt ceiling, Huffington Post, Jamie Dimon, legislative extortion, Majority Leader Reid, Medicare, pay the ransom, Sen. Franken, Sherrod Brown, Social Security, tremendous accomplishment, working poor
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They’re Coming After Social Security
And it’s a bi-partisan effort: “Both Sen. Kent Conrad (D-N.D.), the chairman of the Senate Budget Committee, and Rep. Paul Ryan (R-Wis.), the incoming chairman of the House Budget Committee, signaled that they’re preparing budgets that would seek cuts to … Continue reading
Posted in budget, Congress, economy, Politics, Social Security, Taxes
Tagged fiscal commission, Kent Conrad, mandatory spending, Medicare, Paul Ryan, Social Security
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Bi-Partisan Commissions: A Hiding Place for Gutless Politicians
Generally speaking, bi-partisan commissions are a bad idea, with just a few exceptions. Those being when something is being investigated–such as the 9/11 Commission or the current Financial Crisis Inquiry Commission. The debt reduction commission, set to be unveiled today … Continue reading
Posted in Congress, economy, Obama, Politics, Uncategorized
Tagged debt reduction commission, Defense Department, Medicare, Social Security, taxes
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Consider All Options? Well, All But One
Another campaign promise bites the dust: “President Barack Obama said he is “agnostic” about raising taxes on households making less than $250,000 as part of a broad effort to rein in the budget deficit. “The whole point of it is … Continue reading
Posted in economy, Obama, Politics
Tagged agnostic, Defense Department, Medicare, Obama, raising taxes, Social Security, spending cuts
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