Josh Bivens and Samantha Sanders
Economic Policy Institute
President Biden should do “whatever it takes” to avoid an economic catastrophe. House GOP-led efforts are to blame for the impending debt crisis. In 2011, the GOP’s demands for massive spending cuts sabotaged the Great Recession recovery.
Raising the retirement age isn’t just about having the “best years of retirement be stolen,” as French protesters have warned. It’s about fairness and not putting years more of the nation’s labor burden on the working class. Next time the government moves to raise the retirement age, we should follow the French example to protest and proclaim, “It’s a No.”
US Reps. Rashida Tlaib and Ilhan Omar just introduced the End Child Poverty Act, which would set up a universal child benefit. It’s a major improvement on previous proposals to help poor and working-class families — and would instantly slash child poverty.
More than 1.2 million protesters marched in France Tuesday as rail workers and refinery staff began rolling strikes and trade unions stepped up their campaign to try to stop Emmanuel Macron’s plan to raise the pension age to 64.
All the talk of Social Security “going bankrupt” or becoming “insolvent” is just plain wrong. This is just scare talk designed to convince people that big cuts to the program are necessary and inevitable. It’s simply not true.
Teresa Ghilarducci and Teresa Ghilarducci
The Progressive
Most middle and lower wage older workers are not able to retire and must work to avoid poverty and maintain living standards. For work to be a bulwark against old age poverty, work must be decent, and work and retirement policy must be compatible.
Republican politicians in Washington have been clear about how they plan to force Social Security cuts into law—and Walker would have been a rubber stamp for that plan.
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