Posted on 05/25/2011 11:40:30 AM PDT by SeekAndFind
I like his willingness to tell folks who’ll be hurt by a cut, before the election. Still not sure he’s our best shot, but I like this.
Wanna bet?
Reminds me of Mondale promising to raise taxes.
Well, if the barbecue is federally subsidized using tax payer funds then I certainly hope so.
Pawlenty said Social Security’s retirement age must “gradually” increase for people who are not yet in the system.
What does this mean? You are in the system the minute you pay a penny towards this program. So basically raising the age will be for 15 year olds and lower.....16 year olds will run out and get a job just to get into the system.
Well, like Mondale it may be political suicide. But at least T-Paw, not Mondale, would be economically CORRECT (reforming entitlements, phasing out ethanol subsidies).
Pawlenty has potential to be the Paul Ryan of this race: willing to propose tough solutions to REAL problems. He may not be as teleprompter-dependent as Hussein, but he ought to be considered as a better man than the current occupant of the Oval Office.
By the way, I am still waiting for someone to tell me how Hussein's two nights at Buckingham Palace are part of his LASER LIKE FOCUS ON JOBS.
I like his willingness to tell folks who’ll be hurt by a cut, before the election. Still not sure he’s our best shot, but I like this.
Not one word about how HE is going to feel the pain. What about no pay raises for Congress for 50 years. How about a 50 percent pay cut. Congress has NEVER had to feel the pain of any financial situation.
Pretty sure by “in the system” he means “post-current-retirement age.” Typically the proposals are to grrrrradually increase SS retirement age to 70 or even 72, but only someone who’s 25 today would have to wait for 72. Someone who’s 45 today might have to go to 69. Folks 55 and up (again, in a typical reform proposal) wouldn’t be changed.
I think I agree with your underlying point, but T-Paw is a former governor. He's not in Congress.
Sometimes you have to let a drunk hit rock bottom before you can convince him that he has a problem. Drink up America.
Good point....maybe he should announce it anyway to wake up Congress.
Thanks for that post. I still don’t see how this will save any money in the system at least not for a long time. We just lowered the Social Security tax and now they want to raise the age to save it. Why not just put the two percent tax back on. I know we hate taxes but I think people will hate to work another two to four years.
“I like his willingness to tell folks who’ll be hurt by a cut, before the election. Still not sure he’s our best shot, but I like this.”
I’m with you on this. I really like his emphasis on telling the truth....but have made no firm commitment yet.
Wow. The man states the obvious and gets skewered for it. I’m all for candidates telling the truth rather than us having a “best liar contest” every four years.
I’m not sure I follow you. Maybe you can help me.
1. When was the SS payroll tax rate lowered? If it was, I am shocked I missed it.
2. Pushing back the retirement age will make a huge difference. It’s also quite fair if one looks at the way in which SS was initially “sold,” when life expectancy was actually LOWER than the SS eligibility age. Now it is common for folks to spend decades on SS (and, also at odds with the initial SS plan in the 1930s, they expect it to pay for the bulk of their expenses, not just as a supplement). It’s just unsustainable, particularly with the Baby Boom entering retirement with 1.7 kids each.
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