Senator Harkin > Press > Releases March 14, 2013 Harkin Legislation Will Strengthen Social Security Benefits; Ensure Program for Future Generations WASHINGTON, D.C. – To strengthen one leg of the ‘three-legged stool’ of retirement security, Senator Tom Harkin (D-IA) today introduced a measure to improve the most efficient, most … [Read more...]
The Debt Ceiling Debacle of 2011 Cost Taxpayers $18.9 Billion
January 7, 2013 By 1 Comment
We all remember the debt ceiling debacle of 2011. That's when the Republican Party decided they weren't sure whether or not your government should pay it's bills. We're not talking new spending here; the debt ceiling is about paying for what we already authorized to buy and pay for. But what you may not know is that the GOP's stunt cost the … [Read more...]
4 of 4 of Governor Romney’s Economic Advisors were Bush-Cheney Advisors
July 11, 2012 By 1 Comment
We all know how the Bush/Cheney GOP economic policies of the 2001-2009 era failed us. We know that those policies brought us to this recession. We all know the Bush/Cheney GOP economic policies brought us this debt. So why has Mitt Romney surrounded himself with former Bush/Cheney economic advisors? Here they are: 1. Vin Weber. Who is Vin … [Read more...]
Medicare Part B — What Do We Do To Pay For It?
July 5, 2012 By Leave a Comment
In a previous article, we looked at the solvency issue of Medicare Part A. We also discussed one potential solution that would provide a $1.352 trillion overage by 2021. Now we'll turn our attention to Medicare Part B -- the part of Medicare that pays for physician services, Durable Medicare Equipment, Ambulances, X-Rays, Lab tests, … [Read more...]
Obamacare: How Does it Pay For Itself?
July 3, 2012 By 3 Comments
The day the Supreme Court ruled the Affordable Care Act to be constitutional, Governor Romney said he would repeal this law that was, in his opinion, adding trillions of dollars to the U.S. deficit. So we thought we'd look at the Affordable Care Act which the CBO (Congressional Budget Office) has shown will actually reduces the deficit by $143 … [Read more...]
Medicare Part A: The Problem
June 26, 2012 By Leave a Comment
Health Care costs are an issue for Medicare. They rise every year faster than the rate of inflation. Why? We'd argue, in large part the cause is the private profit making health care system the United States has chosen to embrace, despite it's poor performance in keeping us healthy or alive. But we also have to acknowledge that while per capita … [Read more...]
What Do You Know About the Quadrillion Dollar Derivatives Market?
June 20, 2012 By 1 Comment
It used to be in the old days, that investment banks provided advisory services. They helped corporations run their companies better. They helped companies go public. They made a decent living. Then, computers were invented and everything changed. Why? Because massive amounts of information could be stored, analyzed and shared in seconds -- and … [Read more...]
Governor Romney’s 5 Point Jobs Proposal Would Raise Unemployment and the Deficit
June 20, 2012 By 3 Comments
We've looked at Governor Romney's 5 point Jobs Proposal and found that it would not only NOT create a single job, it would cut jobs, cause more folks to be unemployed. Let's summarize the plan: 1. Cut Corporate Taxes. We found this plan would not create any jobs for 2 main reasons - 1. American corporations are not hiring because (a) they can … [Read more...]
