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View Diary: Why is "touching Social Security" in any manner a bad thing? (142 comments)

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  •  But if we maintain the curve on the progressive (1+ / 0-)
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    Jim M

    (small p) nature of the program, the ubber wealthy would have to make payments into the program that would dwarf the massive checks they would get out later.

    "Furthermore, if you think this would be the very very last cut ever if we let it happen, you are a very confused little rabbit." cai

    by JesseCW on Thu Jan 03, 2013 at 07:31:52 AM PST

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    •  I have relatively little problem with that. (3+ / 0-)
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      rsie, JesseCW, fuzzyguy

      My main problem with the "remove the cap!" cries is they buy into a "SS is in crisis!" meme, which is, frankly, bullshit.

      Given healthy economic growth, there never will be a long-term shortfall.

      Non enim propter gloriam, diuicias aut honores pugnamus set propter libertatem solummodo quam Nemo bonus nisi simul cum vita amittit. -Declaration of Arbroath

      by Robobagpiper on Thu Jan 03, 2013 at 08:55:19 AM PST

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    •  And the benefits package isn't progressive, it's (3+ / 0-)
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      fenway49, fuzzyguy, denise b

      regressive.

      The terms "progressive" and "regressive" mean "y is faster than linear with x" and "y is slower than linear with x", not "good for the poor", and "bad for the poor".

      Income tax owed grows faster than linear with total income. It is, therefore, progressive.

      SS's benefits grow slower than linear with contribution. It is, therefore, regressive.

      Non enim propter gloriam, diuicias aut honores pugnamus set propter libertatem solummodo quam Nemo bonus nisi simul cum vita amittit. -Declaration of Arbroath

      by Robobagpiper on Thu Jan 03, 2013 at 08:57:21 AM PST

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