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Black Tuesday

Black Tuesday

by Nomi Prins

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Tag: Social Programs


Where Do Happy People Live?

An author claims countries with effective social programs and labor unions harbor content citizens; Pope Francis excommunicates a Catholic priest for favoring gay rights; and can you count how many lies Obama told in his U.N. speech? These discoveries and more after the jump.

Posted on Sep 26, 2013 READ MORE



DeathByBokeh (CC BY-NC 2.0)

Poverty Damages the Mind

There is a strong connection between scarce resources and cognition: The more a person struggles financially, the less he or she can channel brain processes to completing other tasks. When you can’t make ends meet, the weight of worry occupies a large portion of the mind.

Posted on Aug 31, 2013 READ MORE



Gage Skidmore (CC BY-SA 2.0)

Ryan’s Budget Is Good for the Rich, Bad for Everyone Else

Rep. Paul Ryan has figured out a way to balance the budget: Give corporations and wealthy people tax breaks they don’t need while aggressively cutting health and social programs that middle and lower-income Americans do.

Posted on Mar 12, 2013 READ MORE



Andrew Morrell Photography (CC BY-ND 2.0)

David Cay Johnston: Social Security Is Not Going Broke

“Which federal program took in more than it spent last year, added $95 billion to its surplus and lifted 20 million Americans of all ages out of poverty?” finance columnist David Cay Johnston asks.

Posted on May 4, 2012 READ MORE



Fabricator of Useless Articles (CC-BY)

Social Security and the Generation Gap

Most Americans think that the big government entitlement programs—Social Security and Medicare—are a good thing. But young and old part company, according to a new Pew report, over the current effectiveness of the programs and what to do about it. (more)

Posted on Nov 5, 2011 READ MORE



mn.gov

Minnesota Moves to Make the Rich Pay More

Like most states, Minnesota has a big budget problem. But unlike most states, it’s looking to the well-heeled to help fill the gap. Gov. Mark Dayton plans to attack the state’s $6.2 billion deficit by raising taxes on the rich.

Posted on Feb 26, 2011 READ MORE



AP / Claude Paris

Millions March in France

In demonstrations across France, protesters have marched repeatedly against plans by the Sarkozy government to cut social programs and hike the retirement age as short-term budget woes have given the center-right president the opportunity to push through neoliberal reforms.

Posted on Oct 17, 2010 READ MORE



Wikimedia Commons

Schwarzenegger Slashes Social Programs

Gov. Arnold Schwarzenegger has taken the ax yet again to California’s social programs, vetoing almost $1 billion in spending on welfare, special education, child care and other programs before signing a budget bill into law.

Posted on Oct 9, 2010 READ MORE


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