Moody’s public pension scheme doesn’t make sense – unless you’re on Wall Street

gordon gekko

Wall Street bankers have been known to get creative – if not downright deceptive – when finding ways to maximize their own income. Now Moody’s, the bond-rating agency that overvalued junk investments and helped bring the country (and world) to their brink of financial ruin just five years ago has a new trick up its […]

Senate Unanimously Votes Against Cuts to Social Security, Media Don’t Notice

There are few areas where the corruption of the national media is more apparent than in its treatment of Social Security. Most of the elite media have made it clear in both their opinion and news pages that they want to see benefits cut. In keeping with this position they highlight the views of political figures who push cuts to the program, treating them as responsible, while those who oppose cuts are ignored or mocked.

Exploded: Mainstream myths about the minimum wage

minimum-wage

It’s no surprise that President Obama continues to make missteps on economic policy — such as returning again and again to the “Grand Bargain”, more apt to result in a “Grand Take-Away”. It’s no surprise because of the people he has surrounded himself with to discuss and design economic policy. Take Christina Romer, past chairwoman […]

VIDEO: Social Security forum in Tacoma

economist dean baker

If you weren’t able to attend the Social Security forum in Tacoma on February 20th, watch this short video about how we can address the long-term issues facing Social Security in a way that protects and improves our already great Social Security system. Featuring CEPR Co-director Dean Baker, EOI Policy Director Marilyn Watkins, and others. Video edited by […]

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