Balanced Budget Madness Hits Social Security with James Galbraith _ Economic Collapse Teach-in

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Key information for the uninitiated and the initiated alike.

Balanced Budget Madness Hits Social Security with James Galbraith

The Simpson-Bowles deficit reduction Commission established by the President, will deliver an attack on Social Security & Medicare dressed up in sanctimonious rhetoric of deficit reduction. The Obama spending freeze is another sacrifice to the deficit gods. But, the deficit phobia of Wall St., the press, some economists and practically all politicians is one of the deepest dangers that we face. It’s not just the old and the sick who are threatened; we all are. To cut federal budget deficits w/o first rebuilding the economy is a sure path to stagnation, to a double-dip recession–even to a second Great Depression. Plus AFSCME Pres. McEntee introduces a new reality show – “It’s Time to Play “Social Security Survivor”. A Building Bridges Presentation.

The Economic Collapse Teach-in encompases upon some of the most highly controversial an crucial subjects of our day—the collapsing economy, the Federal Reserve, the Banks, Wall Street, financial fraud, forclosures, homelessness, unemployment, workers rights, unions, trade agreements, etc. We scour the world to find and gather debates and presentations that are extremely informative and educational. Related subjects are also discussed. It provides key information for the uninitiated and the initiated alike.

This entry was posted on Monday, August 16th, 2010 at 8:20 am and is filed under Disaster Capitalism, Econo, Economic Collapse Teachin, News. You can follow any responses to this entry through the RSS 2.0 feed.