Don’t Cut Social Security: Double It

save social security

Steven Hill: An expansion of the Social Security retirement system — one of the most successful and popular social programs in American history — that converts it into a more robust retirement system would build upon the most stable component of the current system.

Europe’s Youth Employment Is Bad, But Not As Bad As We’re Told

spain euro

ardly a day goes by without a new headline screaming about the scandal of youth unemployment, which has been pinned at the outrageous levels of 50 percent in Spain and Greece and above 20 percent in the eurozone. There’s just one problem – those numbers are derived from a flawed methodology, which misrepresents the true […]

The Latest Act of Romania’s Drama

Steven Hill: The key is having a prolonged period of peace and stability so that the slow march toward prosperity can gather steam. Fortunately the European Union provides that space for Romania, despite the current challenges of the eurozone.

Was Rahm Right (about Progressives)?

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Steven Hill: At this point, any progressive leader who does not pursue political reform relentlessly is a faux leader, and she or he should get off the stage and hand over the microphone to someone else.

Can Krugmanomics Be Saved?

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Steven Hill: So according to Krugmanomics, taking on too much debt is not the problem – it’s not being able to pay the debt that is the problem. And Krugman’s solution, apparently, is to be able to depreciate your currency and/or default on your debts, leaving the creditors holding the bag.

Economic Powerhouse Germany

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Steven Hill: Germany has evolved a social capitalism which has proven to be more stable and efficient than America’s Wall Street capitalism, not to mention more ecologically sustainable.

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