In a speech to a Morgan Stanley group on April 18, 2013, WikiHillary praised the SimpsonBowles deficit reduction plan, which included reforming the tax code to increase investment and entrepreneurship and raising certain taxes and trimming some spending and entitlements to make them more sustainable. The ultimate shape of that grand bargain could take many […]
by Bruce Webb Dean asks: 1) How much higher are real wages projected to be in 2040 than today? In other words, how much richer do we expect the average worker to be 30 years from now? 2) How did the 2010 Trustees Report change the projections for 2040 wages compared with the 2009 report? […]
Firedoglake takes on Simpson: Alan Simpson: Cutting Social Security Benefits to “Take Care of the Lesser People in Society” …cuts he would recommend to the President and Congress on CNBC, Simpson said “We are going to stick to the big three,” meaning Social Security, Medicare and Medicaid. His sentiments haven’t changed. (Rdan here…the transcript reads […]