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Thom Hartmann here and the best to the restive economic and labor news
you need to know this last week President Obama sent Congress a 3.9
trillion dollar budget
all those 2015 plan has been deemed more politics than policy
it's a blueprint for how to start repairing our economy
2015 fiscal plan would move us away from austerity
and start is back on a path invest in in our nation again
this budget is obvious benefits but congress is naming going to consider it
Congressman Paul Ryan dismissed it as nothing but a campaign brochure
and the chairwoman of the Senate Appropriations Committee committee
barbara mikulski
so the congress will adhere to the spending caps in the Murray Ryan Diehl
president's plan calls for higher taxes on the rich
strong investment in our roads and bridges more money for education
and tax breaks for the working poor when he announced the plan
and elementary school in washington President Obama said
quote as a country we've got to make a decision that if we're going to protect
tax breaks for the wealthiest Americans
her for going to make smart investments necessary create jobs and grow our
economy
and expand opportunity for every american and although his plan won't be
taken seriously by lawmakers
is finally talking about what Americans really want
what we need to make our economy work for the nine
percent at the very least the president's budget provides a strong
platform for democrats this year's elections
and the opportunity to show Americans that they stand for progress
and the support plans the benefit those who aren't part the one percent
to shame that our lawmakers view the president's strong ideas is unrealistic
it's up to us to make them see that ended austerity in a brazen investment
it's a plan that provides real benefits to
all its one day before the president proposed is ideal plan for the future
Congressman Paul Ryan attacked the last 50 years a fighting poverty
in his two hundred feet four-page report on our nation's anti-poverty programs
represented Ryan argues quote federal programs are not only feeling to address
the problem they are also in some significant respects making it worse
at but however Ryan's own analysis
disproves is talking points on at least 16 government programs
is report admits that the Veterans Health Administration our nation's only
real socialist health program
is quote effective in providing inexpensive health care for low-income
veterans
he praised various low income tax credits for reducing poverty and
encouraging and rewarding work
is analysis concluded that the WIC program helps low-income women have
healthier babies
and school breakfast programs increase quote both intrusion
and academic achievement among low-income children by his own
calculations
the vast majority of our social programs are highly effective it but
poverty it he continues to call we're slashing
so that he could pretend we don't need to raise taxes on the rich
the wealthy love to complain about the so-called death tax but the fact is the
working poor are the ones who really gets squeezed
in retirement pretty common dreams .org americans are all seven trillion dollars
short of what they need to pay for retirement
although a trillion dollars a new wealth is created in our country just last year
just about all that went to the top however rather than the coffers
average amor to retirement all right-wing lawmakers often call
pensioners
greedy and lazy their states and out corporate tax breaks equal to twice the
cost to funding pensions
is clear evidence that states in corporations can afford to contribute to
our retirements
they refused to let anything stand in the way of messing profits
our nation can do better you to stop
conservative myths about the so-called dead
republicans love to attack unions but much what they claim is nothing but
myth their fights for right to work for less laws around the country
conservative lawmakers and talking heads constantly claiming
unions cost us jobs an economic growth however according to the Economic Policy
Institute
higher levels have been is Asian actually contribute to economic
stability
and according to the Center for American Progress quote unions have been shown to
raise economic demand by increasing workers wages
and buying power another conservative talking point is that unions hurt
competition by
driving companies like GM and Chrysler to mexico
Economic Policy Institute struck down that myth as well
explain that unions actually increase productivity
they say there is no clear correlation between is Asian
and international competitiveness conservatives don't
8 unions because economic sir job numbers
I hate the fact the unions give workers a voice in the business
in a little more power on social issues organized labor's an asset to the real
workers are
should to fight hard to make sure that its ribs
and finally Vermont wants public banking last week at least 20 town needs in that
state voted
create as State Bank in most results were an overwhelming yes
a group for modders for a new economy urged residents to petition local
governments to turn the Vermont Economic Development Authority
into a public bank turns out that idea is pretty popular
after the 2008 financial crisis many people around our country pointed to the
bag North Dakota
as a model to use in other states a public banking advocates say that like
North Dakota
a state bank would create economic sustainability in vermont
by partnering with community banks in engaging in other activities that would
leverage state funds
Detroit economic well-being in the state
people over Mon have the right idea if the legislators won't stand up to the
banksters
week will we can do it by making bank in the boring business
but it used to be it should be now that's the way it is for the week of
March 10
2014 and Tom Harper finance and labor
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