Image: Simon Cunningham via Flickr Creative Commons, https://flic.kr/p/Q78Bng No issue in America today better illustrates the divergent interests of working Americans and the 1 percent than pension reform. Substantial empirical evidence shows that America’s favored retirement vehicle — the 401(k), recently renounced by its own inventors — is grossly inadequate and will leave tens of …

Continue reading The Real Reason the Investor Class Hates Pensions

Photo: Dennis Crowley via Flickr Creative Commons, https://flic.kr/p/a4WPpr That so-called "pro-family" agenda of today's Republican party? Not so much. Their latest idea: cannibalize Social Security to fund paid family leave, and have parents work longer into old age (or take lower benefits). It's a backdoor attempt, both shrewd and crass, to privatize and cut Social Security …

Continue reading The Republican Plan for Paid Family Leave: Cannibalize Social Security

Image: Geoff Livingston via Flickr Creative Commons, https://flic.kr/p/Rtxn9Q The Trump administration's immigration policies are morally reprehensible. That should be enough. But for those primarily focused on their pocketbooks, it is imperative to recognize that Trump’s proposals are extremely damaging to our economy and our Social Security system, in particular. If Trump pushes through his plan to slash …

Continue reading Immigrants play a vital role in securing our Social Security system’s future