HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » Video & Multimedia (Forum) » Sam Seder: How the Establ...

Mon Nov 12, 2012, 04:52 PM

Sam Seder: How the Establishment Wants to Destroy Social Security



http://www.youtube.com/user/SamSeder/videos?sort=dd&flow=list&view=0

4 replies, 855 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 4 replies Author Time Post
Reply Sam Seder: How the Establishment Wants to Destroy Social Security (Original post)
limpyhobbler Nov 2012 OP
xtraxritical Nov 2012 #1
customerserviceguy Nov 2012 #2
xtraxritical Nov 2012 #3
customerserviceguy Nov 2012 #4

Response to limpyhobbler (Original post)

Mon Nov 12, 2012, 05:11 PM

1. The more people like this foment and pontificate about SS the more low info voters believe there is

 

a problem with Social Security. There is no problem with SS it is actuarially able to meet all it's obligations for the next twenty-five years. If SS needs additional funding in the future all that is required is to raise the ceiling on earned income subject to SS withholding. Most people never reach this income level and would not even notice the change. People that do reach this income level would probably not notice the change either. There is NO reason to raise the retirement age, in fact, it should be lowered so that more people retire faster, this will help spur employment and would be a real boost for the economy. Yes, automatic cost of living adjustments should be in place. Go to the Social Security website and find out.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to xtraxritical (Reply #1)

Mon Nov 12, 2012, 05:29 PM

2. I never seem to get any support here for one of my pet ideas

While raising the cap on what employees pay raises the maximum benefit, it wouldn't necessarily be that way if we simply removed entirely the cap on the employer's share of FICA. If a megabank wants to pay some scum-sucker $10 million to run the thing into the ground, shouldn't they be forced to pay 6.2% on the whole thing?

No, it wouldn't raise a terrific amount of money, but it's one of several steps in the right direction.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to customerserviceguy (Reply #2)

Tue Nov 13, 2012, 10:46 AM

3. I support your idea completely but there is no way this would get thru even a Democratic Congress.

 

Reply to this post

Back to top Alert abuse Link here Permalink


Response to xtraxritical (Reply #3)

Wed Nov 14, 2012, 07:15 AM

4. If it won't

then you really can't expect anything other than a very modest increase in the cap. Ten years of 60's or 70's style inflation (or stagflation, as we used to call it during the Jerry Ford years) will put most middle income workers above the current cap, anyway.

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread