Despite the fact that the majority of people across party lines oppose benefit cuts to Social Security, Medicare and Medicaid, some media pundits lamented that President Obama did not push these harmful cuts in the recent so-called fiscal cliff agreement.
We've reported for several months now the "Fix the Debt" group is a Trojan horse. It cynically calls for cuts to Social Security, Medicare and Medicaid benefits (in the name of "deficit reduction") while advocating for lower taxes for corporations and businesses that ship jobs overseas.
On the eve of tomorrow’s unemployment report for April, we get this news from Fortune:
Profits of the 500 largest U.S. corporations soar by 81 percent ($318 billion), the third largest percentage gain in list history…Wal-Mart holds the number one spot for the second year in a row…Exxon Mobil leads profits with $30 billion, for the eighth year in row.
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