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dreamnightwind

(4,775 posts)
40. Excellent post
Sat Nov 17, 2012, 12:53 AM
Nov 2012

The huge productivity increase is mostly ignored, and the benefits of it have gone only to the ownership class, not to workers.

People over 50 are having a tough time in this economy. If you don't already have a job at that age, good luck. They need more options, one of which could be a subsistence-level early retirement.

I remember when I was a kid, we looked forward to the days when our work could be done in half the time with the advance of technology. Somehow we thought we'd have more leisure time! What we didn't realilze was that it was our future EMPLOYER'S work that could be done in half the time, or with half of the employees. With few individual salaries able to support a household (requiring both spouses to work in a married household), we need twice the jobs to survive, not half the jobs. The numbers don't add up for the labor pool.

Good stuff. Thanks for posting. n/t ProSense Nov 2012 #1
Yes. Thanks very much for this!! nt DonViejo Nov 2012 #2
I will be contacting my 2 Senators about this. Both are Democrats, but I trust neither on this. forestpath Nov 2012 #3
I'm a payroll administrator Freddie Nov 2012 #4
First time it happened to me, I thought I had gotten a raise jberryhill Nov 2012 #32
Correct, they don't Freddie Nov 2012 #49
I was wondering if you got feedback on it jberryhill Nov 2012 #62
About time! silverweb Nov 2012 #5
Now THIS is what I'm talking about! bvar22 Nov 2012 #6
AMEN!!!! nt emmadoggy Nov 2012 #23
bRAVO! AAO Nov 2012 #26
There's a good petition I just heard about on KPFA flamingdem Nov 2012 #7
K&R silvershadow Nov 2012 #8
Rec'd & bookmarked Kaleva Nov 2012 #9
Raise the cap and tie it to inflation so it keeps ratcheting up. yourout Nov 2012 #10
it already keeps ratcheting up to keep up with inflation. HiPointDem Nov 2012 #14
Why tie it to inflation? This is tying it to income, a sure measure. freshwest Nov 2012 #39
100% of Dems in Senate and House should favor this.... JKingman Nov 2012 #11
Welcome to DU! hrmjustin Nov 2012 #15
Common sense. JaneyVee Nov 2012 #12
it's already solvent for decades. HiPointDem Nov 2012 #13
Ding, Ding, Ding .... winner! Solvent for decades, unlike, say, everything else. SomeGuyInEagan Nov 2012 #21
Worked well when done before newfie11 Nov 2012 #16
This is the only fair solution. K&R. nt protect our future Nov 2012 #17
Sen Begich has wisely included language that will diffuse the usual RW argument against lifting stopbush Nov 2012 #18
Great idea...but why not make it more simple by just raising the payroll cap as much as needed. Auntie Bush Nov 2012 #19
Why not uncap it entirely? MessiahRp Nov 2012 #65
How about it increases with income. Blanks Nov 2012 #70
HUGE K & R !!! WillyT Nov 2012 #20
All income should be considered ordinary income Cynicus Emeritus Nov 2012 #22
You mean, "earned income." jerseyjack Nov 2012 #24
Thanks, you are correct Cynicus Emeritus Nov 2012 #57
K & R AzDar Nov 2012 #25
save our security ekimline Nov 2012 #27
Do We as a People Want to Invest in Our Country or Not?! fascisthunter Nov 2012 #28
This is really a no brainer, the answer! mountain grammy Nov 2012 #29
I have never understood why there is a cap Not Sure Nov 2012 #30
FINALLY!! A step in the right direction. on point Nov 2012 #31
This is kind of a step in the right direction but I think there needs to be some way TheKentuckian Nov 2012 #33
Invest the surplus in state, municipal and school bonds. Kaleva Nov 2012 #38
Excellent post dreamnightwind Nov 2012 #40
Absolutely TheKentuckian Nov 2012 #47
I agree - we need the lockbox democrattotheend Nov 2012 #46
Good for Mark. Blue_In_AK Nov 2012 #34
Good news! patrice Nov 2012 #35
CUE THE VONAGE THEME! rocktivity Nov 2012 #36
Finally, some common sense! BlueDemKev Nov 2012 #37
K & R dreamnightwind Nov 2012 #41
It's a good start. penndragon69 Nov 2012 #42
Just the opposite, actually democrattotheend Nov 2012 #45
Increase in retirements payments too I Assume? Logical Nov 2012 #43
No need to 'assume' if you read the OP...which says.... Bluenorthwest Nov 2012 #53
This seems fair to me, if benefits increase also democrattotheend Nov 2012 #44
Did you read the OP? Bluenorthwest Nov 2012 #54
I did, that is what I was responding to democrattotheend Nov 2012 #55
I agree. rudycantfail Nov 2012 #61
This is what will actually fix the problem Hekate Nov 2012 #48
I'm one of those who'd be paying more than I do now . . . MrModerate Nov 2012 #50
I have favored this approach for years louis c Nov 2012 #51
I fully support this and have for years. Obama talked about lifting the cap in 08 Bluenorthwest Nov 2012 #52
This is what should be done Liberalynn Nov 2012 #56
K&R - This is a step in the right direction. myrna minx Nov 2012 #58
Let the battle begin 4dsc Nov 2012 #59
It sounds like common sense liberal fix rudycantfail Nov 2012 #60
Many benefit receivers need this.They have to live on less than $25,000. a year & that's if you are judesedit Nov 2012 #63
Also, just fyi.Food stamp usage is highest in republican dominated towns, cities, countys and states judesedit Nov 2012 #64
It's about time... JohnnyRingo Nov 2012 #66
Been saying this for years. WHEN CRABS ROAR Nov 2012 #67
K & R dchill Nov 2012 #68
Most common sense solution I can imagine nt duhneece Nov 2012 #69
K&R. Yes please! I emailed my Senators in support of this bill. Overseas Nov 2012 #71
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