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Obama proposes expanding Social Security benefits while the program careens toward insolvency
American Thinker ^
| 2 Jun, 2016
| Rick Moran
Posted on 06/02/2016 7:03:14 PM PDT by MtnClimber
For more than 20 years, the Government Accountability Office has been warning that the varioius Social Security funds would go broke in a matter of decades unless something is done to shore up the program.
Unfortunately, there are limited options when trying to address this crisis. You can employ a combination of raising the retirement age and/or increase the FICA tax. Other than that, you're rearranging chairs on the deck of the Titanic.
But President Obama who is fully aware of the threat of insolvency is now proposing that Social Security benefits be increased and wants the "rich" to pay for it.
The smartest guy in the room, right?
(Excerpt) Read more at americanthinker.com ...
TOPICS: Society
KEYWORDS: bho44; cloward; freetrade; globalism; piven; rich; socialsecurity; ssi; taxandspend; wages
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To: MtnClimber
Gotta hurry and get those ‘new immigrants’ on the payroll; it’s only fair, you know...
2
posted on
06/02/2016 7:05:58 PM PDT
by
choctaw man
(Good ole Andrew Jackson, or You're the Reason God Made Oklahoma...)
To: MtnClimber
When are people going to stop listening to him as he approaches the end of his Dicktatorship?
3
posted on
06/02/2016 7:08:44 PM PDT
by
Paladin2
(Live Free or Die.)
To: MtnClimber
Straight from Cloward-Piven strategy of orchestrated crisis to destroy capitalism by overloading the system with entitlement burden. Then a communist society can be built on the rubble. Also Saul Alynsky who instructed leftists (Rules for Radicals) to look like the establishment, not say what they intend to do and then destroy the current system from inside government. Alinsky believed the people would not let go of the current system ( I dislike the marxist term capitalism and prefer free market) and in their deepest despair will grasp onto communism.
0bama is a believer in both of these similar ideologies and seems to be pushing it forwatd.
4
posted on
06/02/2016 7:10:43 PM PDT
by
MtnClimber
(For photos of Colorado scenery and wildlife, click on my screen name for my FR home page.)
To: MtnClimber
Too much bong resin clouds thinking...I think.
5
posted on
06/02/2016 7:14:06 PM PDT
by
choctaw man
(Good ole Andrew Jackson, or You're the Reason God Made Oklahoma...)
To: MtnClimber
Obama proposes expanding Social Security benefits to the World
To: MtnClimber
7
posted on
06/02/2016 7:16:33 PM PDT
by
RushIsMyTeddyBear
(<<<<<<< he no longer IS my 'teddy bear'.)
To: MtnClimber
Republicans will be blamed either way; either they aren’t increasing granny’s monthly stipend because they don’t care about her or they’re responsible for bankrupting SS.
8
posted on
06/02/2016 7:22:55 PM PDT
by
Roos_Girl
(The world is full of educated derelicts. - Calvin Coolidge)
To: MtnClimber
CLOWARD-PIVEN
CLOWARD-PIVEN
CLOWARD-PIVEN
9
posted on
06/02/2016 7:32:45 PM PDT
by
originalbuckeye
("In a time of universal deceit, telling the truth is a revolutionary act." - George Orwell)
To: MtnClimber
Right....no COLA increases for 4 years...and the last increase, I netted $1 a month as they increased Medicare Part B. Yeh...he cares about older folks...
To: MtnClimber
I is the $10 trillion man
11
posted on
06/02/2016 7:57:31 PM PDT
by
PGR88
To: choctaw man
Gotta hurry and get those new immigrants on the payroll; its only fair, you know...These 'new immigrants' are necessary to replace the workers who should have been coming of age, entering the work force, making products, paying taxes, and supporting their forbears in Old Age and Survivors Insurance--except we allowed their mothers to have them slaughtered in the belly.
12
posted on
06/02/2016 8:06:54 PM PDT
by
imardmd1
(Fiat Lux)
To: MtnClimber
But the socialist regulators and other administrators with monstrous salaries from federal pork will object.
13
posted on
06/02/2016 8:21:11 PM PDT
by
familyop
("Welcome to Costco. I love you." --Costco greeter in the movie, "Idiocracy")
To: MtnClimber
Cloward-Piven Strategy is just now hitting its full stride. As our descent steepens toward the abyss, ever more momentum will be applied until we utterly collapse.
To: MtnClimber
If I recall correctly several years ago Social Security started paying out more than it took in. It has no real assets. So it has been broke for some time...just creating “money” out of thin air.
This Ponzi scheme will fall apart soon unless the federal government finds a new way to rob the people.
15
posted on
06/02/2016 9:12:20 PM PDT
by
DakotaGator
(Weep for the lost Republic! And keep your powder dry!!)
To: MtnClimber
God how I wish America would realize Obie's goal is/was to ruin the United States:
Waste or give away as much of the treasury as possible.
Neuter the armed forces.
Ruin industry.
Undermine religion.
Subvert the constitution.
Stand social norms on their head.
Foment as much racial anger as possible. I could go on...
He hates the country. What sort of traitors would sign on with him in his administration and in the military to allow all of this to occur ? How could Congress allow this to proceed?
16
posted on
06/02/2016 10:02:52 PM PDT
by
chiller
(One from the Right - One for the Fight)
To: MtnClimber
Of course, his proposal is designed to solicit comments which would allow charges to be made that R’s want to cut SS. ....except Donald hasn’t fallen for it.
17
posted on
06/02/2016 10:05:24 PM PDT
by
chiller
(One from the Right - One for the Fight)
To: MtnClimber
Why not discontinue the federal income tax levied on SS? That would make more sense.
18
posted on
06/02/2016 10:46:52 PM PDT
by
353FMG
To: MtnClimber
Barack Obama, financial wizard
19
posted on
06/03/2016 3:12:28 AM PDT
by
Artie
(We are surrounded by MORONS)
To: MtnClimber
Make Social Security tax free. Weed the illegals and the dead off of the rolls.
20
posted on
06/03/2016 3:30:52 AM PDT
by
Jimmy Valentine
(DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dream)
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