Robert Kuttner: We can reduce the deficit without balancing the budget on the backs of seniors. I am happy to have this argument with Republicans and with the few Democrats who would tamper with Social Security out of sincere but misguided concern for fiscal balance. So as long as I am president, there will be no cuts, no privatization, and no raising of the retirement age. Social Security will be there not only for today's retirees, but for their children and grandchildren. If we want to put Social Security in the black forever, the best way to do it is to put Americans back to work and raise their wages, since Social Security is financed by payroll taxes. Click here to read more.
The idea that the American invasion liberated Iraqis from kidnap, torture, rape and summary execution is shown to be a sick untruth in the Wikileaks documents. Indeed a shocking feature of the leaks is that few Iraqis appeared surprised.
The "too big to fail" doctrine has always been unproven, dangerous, and counter to the law. An institution that is not permitted to fail or be resolved by the government faces obvious adverse incentive problems.
The Harry Reid vs. Sharron Angle race typifies what is dividing Americans this election year. I just hope that voters will ask themselves: Who do you think will actually lend you a hand should things get even worse?
Every time the Obama administration stands up and defends an offensive and bigoted law, it conveys a message that being gay is a weakness, a problem and a reason to be treated with less respect than everybody else.
The chatter and clatter of the artless spectacle that our politics has become conceals a stunning truth: We have missed an historic opportunity to reverse America's steady descent into Reaganism.
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