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Response to guillaumeb (Reply #3)

Sun Feb 23, 2020, 11:00 PM

4. Not sure what you're disagreeing with...

We're in total agreement. The only question is what should the start of the MW be before it's indexed. But it should at least be where it left off. Here in MA it's $12.75. When the GOP let it depreciate it allowed the economy to get addicted to that lower wage. It will take some transition. But we can't let the GOP use it's own duplicity as the pretense NOT to raise it which is what they're doing.

I've posted elsewhere that the GOP's war on wages is hurting the SS fund because people now with depressed wages won't fill the SS trust fund as fast as happened with high wages... yet the fund had to pay benefits on those who earned higher wages in the past.

And then there's the problem with the abysmal interest rates the fund has been getting. At one point in 2012 some months got 1.25% for new monies... that was below inflation. Both will lead to faster depletion. And then what? SS was to be self-funding...

Generally I don't think the Dems are doing enough to strengthen SS and that starts with education. It's a personal issue because I'm 68 and have put off collecting.

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Replies to this discussion thread
Arrow 13 replies Author Time Post
eniwetok Feb 2020 OP
guillaumeb Feb 2020 #1
eniwetok Feb 2020 #2
guillaumeb Feb 2020 #3
LineLineLineLineNew Reply Not sure what you're disagreeing with...
eniwetok Feb 2020 #4
guillaumeb Feb 2020 #10
Nature Man Feb 2020 #7
guillaumeb Feb 2020 #11
orwellsighs Feb 2020 #5
eniwetok Feb 2020 #6
Bengus81 Feb 2020 #8
Wounded Bear Feb 2020 #9
eniwetok Feb 2020 #12
eniwetok Feb 2020 #13
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