It will compensate seniors for the bout of inflation. Workers deserve as much.
retirement
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.
Posted inEconomic Policy
Labor Slams Pensions for Burnishing Image of Private Equity
As KKR shops around a new ESG fund, top investors are helping promote its image as a socially responsible investor.
Posted inLaw and Justice
Why Mass Immigration Is the Key to American Renewal
Our economy, politics, and culture all need the revitalization only immigrants can provide.
Posted inEconomic Policy
Biden’s Income-Support Revolution: Don’t Leave Out the Elderly
The supposed three-legged retirement stool of savings, pensions, and Social Security is collapsing.
Posted inTAP
Another Reason for a $15 Minimum Wage—Social Security
Today on TAP: A minimum-wage hike would boost Social Security tax receipts
Posted inFamily Care
The Aging of Migrant Domestic Workers
Too poor to retire, elderly care workers often find themselves caring for elderly patients.
Posted inEconomic Policy
Letting Private Equity Billionaires Rob Worker Retirement Funds
A new Department of Labor rule allows private equity to get into 401(k) plans. One expert estimates a $13.7 billion annual wealth transfer from workers to Wall Street tycoons.
Posted inPolitics
Mike Bloomberg Compared the AARP to the NRA
He was angered that senior advocates would organize to stop cuts to Social Security, Medicare, and Medicaid. He also praised Paul Ryan.
