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G-20 Barking Up the Wrong Tree: Bad Macroeconomic Policies, Especially in the High Income Countries, Are the Main Threat to World Economic RecoveryMark Weisbrot / November 12, 2010
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Deep-Six the Deficit Commission ReportDean Baker / November 12, 2010
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The Deficit Commission’s Parallel UniverseDean Baker / November 12, 2010
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Trade Imbalances: More Economics 101 for Business ReportersDean Baker / November 12, 2010
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Are Public Sector Workers Overpaid? The Story of Underfunded PensionsDean Baker / November 11, 2010
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Erskine Bowles, Morgan Stanley, and the Deficit CommissionDean Baker / November 11, 2010
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Your Tax Dollars at Work: Redistribution in Washington TodayDean Baker / November 10, 2010
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Federal Pay Still Lags Private Sector at the TopJohn Schmitt / November 10, 2010
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Big Hype About Big Government at the Washington PostDean Baker / November 10, 2010
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The NYT Times Has Problems With Arithmetic, Economics and EditorializingDean Baker / November 10, 2010
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Democrats Could Fare Even Worse Next Time If They Don’t Fix EconomyMark Weisbrot / November 09, 2010
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Let’s Help Workers Keep Their JobsEileen Appelbaum / November 09, 2010
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Néstor Kirchner : eroe dell’ indipendenza dell’ArgentinaMark Weisbrot / November 09, 2010
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Letter to Senator Michael Bennet on Social Security CommentsDear Senator Bennet:
I heard you say during your interview on National Public Radio this morning that if nothing is done, there will be no Social Security for people your age. This is badly mistaken. You should know, both for planning your own personal finances, and more importantly for your actions as Senator, that under any plausible set of circumstances you can anticipate a substantial Social Security benefit.
On the program you said that you are currently age 45. This means that if you work until the normal retirement age for your age cohort of 67, you will be retiring in 2032. While I don’t know your precise earnings history, your pay as a senator would make you eligible for the maximum benefit if it were sustained for 35 years. The Social Security Trustees Report shows that a maximum wage earner retiring in 2032 would receive an annual benefit of $40,800 in 2010 dollars. (This can be found in Table V1.F10 available here.)
Dean Baker / November 09, 2010
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The Wall Street TARP Gang Wants to Take Away Your Social SecurityDean Baker / November 09, 2010