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

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  •  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 ]

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