The elite are fine with it.
wow! count on the media to be all over this 2 weeks before an election
I seriously suggest that everybody ignore any questions or discussion of Social Security. His trotted out every election to beat up on conservatives and Republicans. There is no upside to discussing it. It is what it is. It is not a factor in this election nor is it one in most elections.
They’ll implement a Tobin Tax and eliminate the earnings cap. Shovel more tax money into it. It’s the only solution that is politically possible.
50 yr old “news”.
LOL. SS was never designed to give people a stable/comfortable retirement.
As long as they have billions.
Also you need a minimum.
Of course, the last time there was a decent raise...I got $16 a month...and the Medicare Part B increase took $15 of it. Obviously...another flaw.
This is because they are adding illegals to it at an astronomic rate and letting just about anyone claim disability.
“All things considered, it’s becoming apparent that Americans can no longer rely on Social Security to provide them with a stable or comfortable retirement.”
Stupid Americans thinking that Socialist Insecurity was to be their sole retirement nest egg are getting what they deserve.
Anyone who ever did rely on SS was a damn fool. And the people who invented it, foisted it of on us, and lied about it were (and are) evil. In some ways, Franklin Roosevelt was worse than 0bama. Franklin Roosevelt made 0bama possible.
A zero (essentially) increase, while COL goes up 3% is a 3% decrease.
The COL for medical care, a huge component of expense for recipients, is up way more than 3%.
It’s a tax on the middle class.
It’s punishing the savers and achievers, in many cases.
It’s to be expected.
The coming disaster has several factors. The Social Security software must be as defective as the IRS and ACA software.
I’m almost 73. My wife and I repeatedly get letters from SSA that contradict previous letters SSA sent. They do not have an accurate record of money withheld from my paychecks over the years. They do not have an accurate record of what I am or am not owed, or what I have been paid.
I haven’t responded to any of the letters (yet). I’d probably be wasting my time trying to educate them.
Yeah I’ll be rich...
Lois Lerner’s government retirement is $102,600 a year.
I think that those two words used in tandem will disappear from people's vocabulary.
When I go to stores, I see more and more "retirement-age" folks stocking the shelves and cashiering. Its a sign of the times.
Then stop pouring billions down rat holes in h*ll hole countries who hats us and FIX IT!!!
Patriots are reminded that many federal social spending progams, including Social Security and Obamacare, are based on an incorrect interpretation of the Constitution’s General Walfare Clause (GWC; 1.8.1) by FDR era lawmakers and justices imo.
Let’s begin this brief discussion with the following clarification of the federal government’s constitutionally limited powers by a previous generation of state sovereignty-respecting activist justices. The Court had explained, in terms of the 10th Amendment, that powers that the states have not expressly constitutionally delegated to the feds are prohibited to the feds.
”From the accepted doctrine that the United States is a government of delegated powers, it follows that those not expressly granted, or reasonably to be implied from such as are conferred, are reserved to the states, or to the people. To forestall any suggestion to the contrary, the Tenth Amendment was adopted. The same proposition, otherwise stated, is that powers not granted are prohibited [emphasis added].” —United States v. Butler, 1936.
The major constitutional problem with federal programs like Social Security and Obamacare is this. FDR’s low-information justices wrongy agreed with misguided Congress that the GWC is a specific delegation of power to establish things like Social Security and Obamacare. But if the post-17th Amendment ratification federal leaders at that time had done their homework in law school they would probably have been aware of the following.
When James Madison, Madison generally regarded as the father of the Constitution, had vetoed the public works bill of 1817, he had noted the following in the constitutionally required veto explanation.
Madison indicated that the Founding States had not intended for the GWC to be understood as a specific delegation of power to Congress, but as an introductory clause for the rest of the clauses in Section 8 which followed it, those clauses intended as specific delegations of power.
”To refer the power in question to the clause "to provide for common defense and general welfare" would be contrary to the established and consistent rules of interpretation, as rendering the special and careful enumeration of powers which follow the clause nugatory and improper. Such a view of the Constitution would have the effect of giving to Congress a general power of legislation instead of the defined and limited one hitherto understood to belong to them, the terms "common defense and general welfare" embracing every object and act within the purview of a legislative trust.” —James Madison, Veto of federal public works bill, 1817
Note that “government” spending programs like Social Security and Obamacare have always been possible under the 10th Amendment, each state having the power to establish its own programs.
But in order for the constitutionally limited power federal government to establish such programs the states must first delegate to the feds, expressly via the Constitution, the specific power to regulate, tax and spend for such programs, the states never doing so for Social Security and Obamacare.
In fact, all that the establishment of Obamacare did was to prove how corrupt all three branches of the unconstitutionally big federal government are imo.
If we didn’t give so much of America’s money away to others, we could double the SS benefit.