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USA Today's Government/Private Pay GAP Could be Eliminated by Hiring More GroundskeepersDean Baker / March 01, 2011
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Going Sideways: The Battle Over Budget CutsDean Baker / February 28, 2011
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Right to Work: Representation Without TaxationDean Baker / February 28, 2011
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Mitch Daniels, Bush's OMB Director, Is Deluded About the Severity of the 2001 RecessionDean Baker / February 28, 2011
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Prosecuting Wall Street Fraud: Lessons for Joe NoceraDean Baker / February 28, 2011
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FactCheck Gets It Wrong on Social Security and the DeficitFactCheck.org, a project of the Annenburg Public Policy Center, wrongly attacked a number of prominent Democrats for correctly pointing out that Social Security does not contribute to the deficit. The people attacked included New York Senator Charles Schumer, Senate Majority Whip Richard Durbin, and President Obama’s Budget Director Jacob Lew.
This point should be pretty straightforward. Under the law, Social Security is financed by a designated tax, the 12.4 percent payroll that workers pay on their first $107,000 of income each year. The money raised through this tax is used to pay benefits. Any surplus is used to buy U.S. government bonds. All funding for the program comes either from this tax or from the bonds held by the program’s trust fund. (The Social Security system is also is credited with a portion of the income tax paid on Social Security benefits.)
CEPR / February 27, 2011
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Doesn't Anyone Have Anything Bad to Say About Jacob Lew?Dean Baker / February 26, 2011
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The Washington Post STILL Has Not Heard About the Housing BubbleDean Baker / February 26, 2011
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Labor Market Policy Research Reports, Feb. 12 – 25, 2011This is the fifth installment of a new weekly feature at the CEPR Blog. Every Friday, we'll post a list of labor market related policy research reports from progressive research centers around the country. This week, reports from Center for American Progress, Center on Budget and Policy Priorities, Center for Economic and Policy Research, Center for Law and Social Policy, Economic Policy Institute, Political Economic Research Institute, and UCLA Institute for Research on Labor and Employment.
CEPR and / February 25, 2011
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The Post Wants YOU to Lose Your Job to Ease Its Concern About InflationDean Baker / February 25, 2011
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Does a 13 Percent Drop in Homes Prices Since June "Reflect an Improved Economy"?Dean Baker / February 24, 2011
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Human Capital and the Public SectorJohn Schmitt / February 23, 2011
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Our Economic Pain Is Coming from Big Industry CEOs, Not Public Employees’ UnionsJohn Schmitt / February 23, 2011