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Response to progree (Reply #47)

Tue May 19, 2015, 09:40 AM

50. Oh Crap! Hillary Clinton favored raising the retirement age???

 

But Clinton so far hasn't taken a position on the emerging Democratic consensus in Congress for expanding Social Security, backed by Sen. Elizabeth Warren (D-Mass.), among others. Clinton should embrace the idea. We've argued for this approach, including here and here.

It's detested by conservatives, such as rightist pundit Megan McArdle, because it restores at least a measure of fairness to America's pattern of income distribution -- and that means requiring the wealthy to pay more of their fair share.

If Clinton is serious about standing up for America's middle class, this is the right policy. It doesn't have anything whatsoever to do with whether she's collecting a monthly check or not. It only has to do with what's best for America's working- and middle-class.


I personally think that she'll advocate slowly replacing SS with IRA-type plans, a gift to the banksters that run them and that have no safety associated with them whatsover.

I had money in AIG funds and we know what happened to that.

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