Image by David Sachs @ SEIU International via Flickr
by Michael Hudson
Writer, Dandelion Salad
michael-hudson.com
Apr 11, 2013
TheRealNews on Apr 11, 2013
Michael Hudson: Obama’s “bargain” on social security reform will push more retirees into poverty in exchange for a minor increase in high end income tax – a class that receives most revenue from capital gains.
Michael Hudson is a former Wall Street economist. A Distinguished Research Professor at University of Missouri, Kansas City (UMKC), he is the author of many books, including Super Imperialism: The Economic Strategy of American Empire (new ed., Pluto Press, 2002) and Trade, Development and Foreign Debt: A History of Theories of Polarization v. Convergence in the World Economy. His book summarizing his economic theories, The Bubble and Beyond, is now available. His latest book is Finance Capitalism and Its Discontents. He can be reached via his website, mh@michael-hudson.com.
from the archives:
Richard Wolff VS Joseph Minarik: Debate on Social Security
Michael Hudson: Public Banking Needed to Stop “Cannibalization” of the Economy + Transcript
Government Debt and Deficits Are Not the Problem. Private Debt Is. by Michael Hudson
Michael Hudson: Economic Policy Deception
Erik Laursen: The War Against Social Security
How Congress Could Fix Its Budget Woes, Permanently by Ellen Brown
Kucinich: NO to #CatFoodChristmas + Bernie Sanders: If you change the CPI, you are raising taxes
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And Obama keeps betraying the entire country. Another Nobel medal???
Sure, a good housekeeping squeaky-clean political gong for slick and slime.