Posted on 06/01/2016 4:21:53 PM PDT by 2ndDivisionVet
President Barack Obama on Wednesday called for an expansion of Social Security benefits, saying that the program was more necessary than ever to support an aging population.
Speaking at a high school in Elkhart, Indiana, Obama noted there are some Americans who don't have retirement savings and those who might not be able to save money because they are unable to pay the bills.
"We can't afford to weaken Social Security, we should be strengthening Social Security," Obama said. "And not only do we need to strengthen its long term health, it's time we finally made Social Security more generous and increased its benefits so today's retirees and future generations get the dignified retirement that they have earned."
Obama suggested the country pay for expanding Social Security by asking the "wealthiest Americans to contribute a little bit more."
"They can afford it," he added. "I can afford it."
Exactly.
So if Sanders’ greatest concern is “inequality”, then why doesn’t he propose a wealth tax? The skew in concentration of wealth is far greater than that of income.
Answer: Sanders isn’t against inequality. He just wants to build a moat around the superrich so that the petit bourgeoisie can’t climb into their ranks, and further crowd the beach at Southampton...
The wealthiest Americans can’t add enough to the SS pot to make more than the merest dent in the solvency problem and using such money to “expand” SS will bring the time of insolvency more rapidly on us.
A Wealth Tax is a medieval method to reduce the barons by cutting into their base, It is part and parcel with the heavy Death Duties imposed on them. It is a power tax, not designed for income to the Crown. In the medieval period it did produce income and wealth for the King. In the modern era it would likely be counterproductive in that respect though the power dimension would be enhanced.
Good freaking grief!!! FREE!! FREE!!! FREE!!1 MORE!!! MORE!!! MORE!!! You greedy bastards are going to be HATED by your kids and grandkids!
How many times have we heard the same mantra, “We can tax the wealthy a little more”?
At what point do the so called wealthy finally say they can’t pay anymore, then what?
Is Obama cutting benefits again?
Translation: take money from those who worked for it and give it to bammy’s favorite groups.
The crime was turning the fund into a pay as you go fund. If the government had not stolen the contributions and allowed the money to earn interest over the decades before a person retired, the fund would be very strong and solvent.
What he really means is...We’ve got to tax working people more, to make all these moslem refugees eligible to collect SSI.
One of the biggest problems is anyone over fifty can’t find a job. I doubt anyone 50 years old has saved enough to retire. So, while trying to find work they spend all of their retirement savings.
President Obama Proposes Expanding Social Security Benefits To The WORLD
Go ahead Obama, send a donation into the Social Security Fund. Nothing is stopping you, you don’t need to wait until a law is passed.
Bingo!
He would be smarter to take over Venezuela and take control of their already nationalized oil industry, which happens to fuel much of the US gasoline market.
There you go,..he even has a justification to intervene and properly run a socialized country.
After all, it’s not like he cares about seniors.
“And not only do we need to strengthen its long term health, it’s time we finally made Social Security more generous and increased its benefits so today’s retirees and future generations get the dignified retirement that they have earned.”
. . . says the moron who denied a cost-of-living benefit to Social Security recipients THREE times during the seven years he has been in office.
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