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View Diary: The Thing About Social Security (178 comments)

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  •  No. (12+ / 0-)

    We don't need to cut social security. We need to raise the income cap. That's it.

    And yes, that would help, because as you undoubtedly know, many people never collect Social Security for one reason or another.

    •  that is a good point about people not collecting (0+ / 0-)

      but that is true currently, too; that FICA is already being reckoned.  i wonder what the numbers are for people who don't ever collect.  

      how feasible do you think raising the cap is in obama's second term?  do you think we should wait beyond his administration?

      Please don't dominate the rap, Jack, if you got nothin' new to say - Grateful Dead

      by Cedwyn on Sun Dec 23, 2012 at 10:46:36 AM PST

      [ Parent ]

      •  I think it has popular support, unlike cutting SS (3+ / 0-)

        benefits, for one thing. All we need to do is build a movement to get politicians in who support it and get rid of the ones who don't. SS is very popular, and cutting benefits is very unpopular.

        •  do you think that can happen in obama's 2nd term? (0+ / 0-)

          do you think they should leave it alone until the next congress?  maybe until 2014's congress, or wait totally until the next administration?

          let's tell them to go with comprehensive immigration reform; then both issues are solved!

          Please don't dominate the rap, Jack, if you got nothin' new to say - Grateful Dead

          by Cedwyn on Sun Dec 23, 2012 at 11:36:41 AM PST

          [ Parent ]

          •  Read my lips: I don't know. (3+ / 0-)

            I don't know how long that will take. I do know that endorsing cutting Social Security is a losing strategy, and will ensure that the Democratic Party goes under. If that's what you want, by all means keep endorsing cutting Social Security. If not, I suggest you stop going with the R playbook of getting the Ds to shoot Santa Claus and find something better to do, like increasing employer contributions to SS, lifting the cap, etc.

            •  i'm just saying that yeah, we don't know (0+ / 0-)

              and it all comes down to a complex function of which solutions are attainable and in what timeframe.  

              so i think it is important to evaluate the timing question, because it kinda dictates which solutions will be possible, since that depends on control of congress.  

              delaying a fix beyond obama's second term is gambling that dems will retain/increase power.  we don't know what will happen.  

              that's all i'm really saying.  and that the demographics question makes inaction all but impossible.

              peace

              Please don't dominate the rap, Jack, if you got nothin' new to say - Grateful Dead

              by Cedwyn on Sun Dec 23, 2012 at 01:03:21 PM PST

              [ Parent ]

          •  What we know for sure is that (3+ / 0-)
            Recommended by:
            Willa Rogers, SpecialKinFlag, Cedwyn

            if the Democrats and the President were committed, they could stave off cuts to Social Security over the next two years which would be two more years that current retirees would have without cuts.  Then we might even be able to win the House back in 2014, but if there are Social Security cuts now, the chances of that happening to me.  So waiting these two years and leaving the program as is seems pretty sensible.

            And, by the way, how is it that unemployment cuts hurt the economy and social security cuts would not? It is mind blowing that no one is making that "economic" connection.

            •  because ending UI takes out thousands (0+ / 0-)

              immediately.  chained CPI is 3% over 10 years.

              so it sounds like you're suggesting we wait until 2014 after we've kicked ass and retaken the house?  

              Please don't dominate the rap, Jack, if you got nothin' new to say - Grateful Dead

              by Cedwyn on Sun Dec 23, 2012 at 01:13:56 PM PST

              [ Parent ]

              •  How many millions of Seniors are there (0+ / 0-)

                in this country right now?

                I'll guarantee a cut in their "pay" will have a negative effect on the economy, no matter how small.

                •  not if they protect the poorest & SSDI (0+ / 0-)

                  which everything i've read says the dems would do.

                  but it isn't the elderly poor who are living to the really ripe old ages, by and large.  i.e., the majority of those people who live long enough for 0.3% to add up to something real aren't likely to notice it at all.  

                  only 24% or so of seniors rely solely on SS.  even for those who rely 90% on SS, the number is only 35% or so.  for every senior who would notice the difference, there is one who wouldn't.  why shouldn't those who don't really need it have a little less so those who do can have a little more?

                  Please don't dominate the rap, Jack, if you got nothin' new to say - Grateful Dead

                  by Cedwyn on Mon Dec 24, 2012 at 07:06:32 AM PST

                  [ Parent ]

        •  Cutting SS and Medicare is a huge political loser (4+ / 0-)

          with Democrats and Indies and a loser with 50% of Republicans.

          It doesn't contribute to the debt.

          56% of the US budget is defense.

          Taxes are at historic lows on the rich.

          Given that, why on earth would any Democrat propose or support reducing benefits now?

          It doesn't fix any of our current issues and is a politically inept position.

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