Posts by Emily Eisenlohr
Social Security: Immigrants Needed for Future Benefit Payments
Immigrants have provided growing support for Social Security. They become part of the workforce that pays OASDI payroll taxes if they work in “covered” employment. It may be a very complex, heated, and even divisive issue. But let me make a very strong point that is obvious from the Trustees’ program data. Immigrants in the…
Read MoreSocial Security: “Raided?” Not Really. Technically “Reallocated.” The Bigger Picture…
You may have read articles that claim that Congress had “raided” the Social Security Trust Fund. “Raid” is an emotional word that may have been intended as rage bait — to make the reader think Congress had taken Social Security resources for non-OASDI uses. Congress did take action that affected Social Security twice. Congress reallocated…
Read MoreRoe v Wade: A Letter to Chief Justice Roberts on Legal Issues
There are aspects regarding Roe v Wade that are legal and not included in Justice Alito’s draft. I wrote to Chief Justice Roberts and the other Justices in a lengthy letter. Justice Alito’s draft had 66 pages of argument, so actually mine is short. The link below is the full letter. Share it as you…
Read MoreBREAK ‘EM UP: Ten Reasons to Isolate Taxpayers from TBTF Systemic Banks
Commercial banking and investment banking are fundamentally different businesses. Each may stand between those who have money to spare and those who need to borrow it, but their risks, time horizons, and compensation practices differ widely. As Glass-Steagall barriers between the two were dissolved beginning in 1987, the largest banks took higher risks, backed by…
Read MoreBREAK ‘EM UP!: Money in Politics Challenges the Real Solution to Systemic Risk
Getting Congress to force separation once again between commercial and investment banking may be politically challenging, even in an era of supposedly courting the middle class. But it is the only way to substantially minimize the need for future taxpayer bailouts of large banks. Employees and PACs of the largest banking, hedge fund, and private…
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