MORNING MESSAGE
A
big debate awaits us on how we solve the problem of stagnant wages holding back
middle-class prosperity. Considering that under Bush, corporations did worse
than under Obama, household income still fell and private sector jobs were lost,
perhaps conservative economic policies should not be our North Star.
Final Push as Obama Nears Victory On Iran
MoveOn.org
and others plan vigils supporting Iran deal on Thursday: “On the evening of
September 10, just two days after Congress reconvenes, MoveOn members will
gather at hundreds of congressional offices and other public places across the
country for Vigils for Peace and Diplomacy..."
"...Click
here to organize your own Vigil for Peace and Diplomacyor sign up for an
event near you.”
WH
may have enough Senate support to filibuster resolution disapproving of Iran
deal. W. Post: “Forty-two senators are now publicly supportive of the Iran
deal … But the milestone earned a restrained reaction from the White House … The
muted response reflected uncertainty over whether the filibuster margins in the
Senate will hold in the face of Republican attacks…”
Trump
promises to “renegotiate with Iran in USA Today oped: “… right after I
enable the immediate release of our American prisoners … In fact, if I am
elected, I am sure the prisoners will be released before my taking office.”
Hillary
Clinton, Donald Trump and Ted Cruz deliver Iran speeches today.
Republican Leaders In Budget Vice
Conservative
demand grows to defund Planned Parenthood, squeezing Speaker Boehner. The
Hill: “Conservative outside group Heritage Action for America says at least
28 House Republicans have signed or plan to sign a letter demanding that Speaker
John Boehner (R-Ohio) and his leadership team block Planned Parenthood funding …
If that many House Republicans stick to those demands, Boehner would have no
wiggle room to pass a stopgap government spending bill.”
Democrats
reject stopgap bill. W. Post: “Republican leaders in both the House and
Senate were mulling options on Tuesday for a stop-gap funding bill that would
keep the government open through early December, according to Republican aides.
But Democrats rejected the idea before it was even released publicly … Democrats
say they’re willing to back a short-term CR, but only so they can begin
negotiations on a long-term deal that increases domestic spending. And they want
to be done well before December.”
Jeb Releases Tax Reform Plan
Jeb
Bush explains plan to cut taxes on wealthy in WSJ oped: “We will cut
individual rates from seven brackets to three: 28%, 25% and 10% … [It] expands
the Earned Income Tax Credit, ends the death tax … and ends the employee’s share
of the Social Security tax on earnings for workers older than 67 … I will cut
the corporate tax rate from 35%—the highest in the industrial world—to 20% … we
will assess a one-time tax of 8.75%, payable over 10 years, on the more than $2
trillion in corporate profits sitting overseas … we will eliminate most
corporate tax deductions …”
Krugman
mocks: “…Jeb Bush has now come out with the highly original proposal that we
give rich people and corporations big tax cuts. A different kind of
Republican!”
Trump
showing that economic populism has currency on the Right. W. Post: “Here was
a Republican candidate telling voters he would not cut Social Security — that
fast economic growth would remove the need to even talk about it — and that
‘hedge-fund guys’ needed to pay higher taxes. And he was winning.”
Teachers Strike In Seattle
Seattle
teachers go on strike. Seattle Times: “…minutes after the union bargaining
team made its announcement Tuesday evening, the Seattle School Board voted to
authorize the superintendent to seek legal action to try to force teachers and
other school employees back to work … Unresolved issues include pay increases
and increased instructional time … The district wants to lengthen the school day
… The union, however, says that proposal is a way to make teachers work more for
free.”
Parents
increasingly have to pay for school supplies. NYT: “With many school
district budgets as tight as ever, schools keep relying more on parents to pay
for what may have been basic classroom items during their childhood. As the
income inequality gap has widened, that has placed an extra burden on many
families that are already struggling …”
Progressive
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