Warmed-over arguments claim that the old have it too good at the expense of the young. But the real division in America isn’t generation—it’s class.
retirement
Posted inWorking in America
Workers Funding Other Workers’ Misery
Billions of dollars in public pension fund money flow to private equity–owned firms that union-bust, violate labor laws, and put workers’ safety at risk.
Posted inAmerica and the World
Democracy Is in the Streets
In France, Israel, and just maybe, here, assaults on social rights by flawed governmental structures create the need for government-by-protest.
Posted inTAP
Macron the Autocrat
Today on TAP: Facing legislative defeat, France’s president raises the nation’s retirement age all by his lonesome.
Posted inEconomic Policy
Private Equity’s Newest Play
Insurance companies are the latest morsel for these financial predators to devour.
Posted inEconomic Policy
The Working-Class Roots of ‘Woke Capital’
Workers provide the bulk of the money invested by asset managers, but do not have control over those investments.
Posted inTAP
Who Knew? Revoking Long-Established Rights (This Time in France) Proves Unpopular
Today on TAP: Macron’s bid to raise retirement age yields huge backlash. Have our own Republicans even noticed?
Posted inEconomic Policy
Wall Street Wins Again on Retirement Savings
A perk for the asset management industry found its way into the omnibus spending bill. Meanwhile, the savings of disabled Americans living in extreme poverty will continue to be strictly means-tested.
Posted inEconomic Policy
Cheers for Social Security’s Cost-of-Living Adjustment
It will compensate seniors for the bout of inflation. Workers deserve as much.
Posted inMoney, Politics, and Power
House Leadership Delays Social Security Expansion While Crafting Tax Breaks for Rich Retirees
Nancy Pelosi’s office is blocking Social Security expansion, while Congress prepares to pass a windfall for rich retirees, insurance companies, and large asset managers like Vanguard and Fidelity.