Obama’s “Cat Food” Social Security Reform

by The Real News Network (TRNN) / April 11th, 2013

Distinguished Research Professor of Economics at the University of Missouri, Kansas City, Michael Hudson: Obama’s “bargain” on social security reform will push more retirees into poverty in exchange for a minor increase in high end income tax — a class that receives most revenue from capital gains.

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This article was posted on Thursday, April 11th, 2013 at 2:27pm and is filed under Classism, Debt, Finance, Social Security, Video.