A presentation to the Progressive Democrats of America on the current status of Social Security and Medicare and the growing threat by the two parties, Republicans and Democrats to institute massive cuts in both as the next phase ‘solution’ to deficit cutting.
The central theme is that neither social security or medicare are ‘broke’ and that very small adjustments are necessary for another century. Neither are the cause of deficits and the debt.
Dr. Jack Rasmus, Ph.D Political Economy, teaches economics at St. Mary’s College in California. He is the author and producer of the various nonfiction and fictional workers, including the books The Scourge of Neoliberalism: US Economic Policy From Reagan to Bush, Clarity Press, October 2019. Jack is the host of the weekly radio show, Alternative Visions, on the Progressive Radio Network, and a journalist writing on economic, political and labor issues for various magazines, including European Financial Review, World Financial Review, World Review of Political Economy, ‘Z‘ magazine, and others.
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