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View Diary: President Obama Shows Why He Won The Nobel Peace Prize. (272 comments)

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  •  They want lower wages for middle and lower class (1+ / 0-)
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    BigAlinWashSt

    They're anticipating that the continued downward pressure on wages will continue into the future.  That means less money in the form of payroll deductions going into the SS Trust Fund.  

    As high unemployment continues and wages drop, it affects SS solvency.  So if the oligarchs want that trend to continue (and they do) they have to cut SS benefits.

    "The international world is wondering what happened to America's great heart and soul." Helen Thomas

    by Betty Pinson on Sat Sep 28, 2013 at 10:26:49 AM PDT

    [ Parent ]

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