While Congress obsesses over the imagined perils of rich bondholders – aka “the debt” – real Americans struggling to feed their families got another kick to the teeth this month. On November 1st the federal government rolled back food stamp benefits for all 47.6 million people who receive them.
|By: spocko Friday November 1, 2013 6:55 pm|
My friend Alex Lawson, of Social Security Works, dressed up as a corporate pirate and showed up at the public launch event for “The Can Kicks Back” a subgroup of the billionaire funded front group “Fix the Debt” movement.
What is great about this action is how Alex used the organizations’ own PR push and event to subvert their message.
|By: dakine01 Friday October 18, 2013 3:45 pm|
Well, the Republican Congressional Arson Committee was out-voted Wednesday and the government shutdown has ended and the debt ceiling has been raised. At least for a few months. Now come the analyses striving to set the Conventional Wisdom.
|By: DSWright Monday August 26, 2013 10:30 am|
According to JP Morgan’s own financial disclosure the Too Big To Fail bank has decided to use its massive wealth and power to promote cuts to entitlement programs for current and future senior citizens. The group “Fix The Debt Coalition” received $500,00 from JP Morgan.
|By: letsgetitdone Sunday August 25, 2013 6:40 pm|
In Part One, of a critique of the most important of “Fix the Debt’s” reasons for “Why the National Debt Should Matter To You,” I asserted that high debt levels haven’t caused high unemployment in the United States, and that, if anything causation was in the other direction. I didn’t want to disturb the flow of the argument there with a relatively lengthy survey of some of the numbers in the historical record since the 1930s. But let’s test the idea that High debt causes fewer jobs and lower wages in the United States by looking at that record now.
|By: letsgetitdone Saturday August 24, 2013 4:00 pm|
I came across a post from the “Fix the Debt” campaign last month called “The Top Five Worst Reasons Why the National Debt Should Matter to You.” It’s a post full of debt/deficit lies that cry out for correction. That’s what I’ll provide in this series.
|By: cocktailhag Thursday January 10, 2013 8:00 pm|
Perhaps out of a combination of peevishness and thirst, John Boehner recently blurted out, “I need this job like I need a hole in my head.” Of course, the job he was complaining about, Speaker of the House, third in line for the Presidency, happens to be well-paid, prestigious, and quite evidently can be performed, after a fashion, even when drunk. That is, it’s decidedly not like the jobs that the vast majority of Americans toil away at, should they be lucky enough to have a job at all.
|By: David Dayen Thursday November 8, 2012 7:46 am|
There’s a Third Way on the deficit, not exemplified by Biden or Orszag. It’s nothing that Third Way would actually endorse. That would be fixing the economy instead of fixing the debt, and it starts with a massive rebuilding program on the Atlantic Coast to protect it from the new reality of 100-year storms every year or two.
|By: Jon Walker Thursday October 25, 2012 10:12 am|
Top CEOs from 80 large companies across a variety of industries have joined the push for a grand bargain deal that could happen during the lame duck session. In a statement organized by the well-funded Fix the Debt campaign, the CEO’s called for a bipartisan deal to reduce deficit the by increasing revenue and cutting spending.
|By: Brian Sonenstein Thursday August 23, 2012 9:00 am|
Want to know the latest on the pro-austerity campaign to cut Social Security, Medicare and Medicaid benefits behind the public’s back?
Join our Firedoglake Membership webinar Wednesday, August 29th at 8pm Eastern on “Catfood 3.0 and the Ongoing Fight to Protect Social Security” with special guests Nancy Altman, Eric Kingson and Alex Lawson of Social Security Works.