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View Diary: Even in dark red Alaska, Democratic Sen. Mark Begich wants to increase Social Security benefits (53 comments)

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  •  If Olds Have Such Voting Strength (1+ / 0-)
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    dinotrac

    Then they will demand no cuts now and in the future.

    It doesn't seem this has much to do with the capitalist class or the "1%."  Dean Baker is very clear that if real wages rise with productivity, then an increase in the payroll tax will be sufficient to prevent any future shortfall and will be insignificant compared to the rise in real wages.  

    How does that affect the "1%"?

    If I was a communist, rich men would fear me...And the opposite applies. The history of all hitherto existing society is the history of class struggles.

    by stewarjt on Tue Mar 25, 2014 at 07:50:15 PM PDT

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    •  Which is why 'Reformers' (0+ / 0-)

      consistently put forth plans that exempt "Those in or approaching retirement", i.e. the 55s and olders and have done so since the publication of the Leninist Strategy in 1983.

      Now Chained CPI actually would hit the 55s and olders which is why R 'Reformers' were happy to see the Obama team take the hit on it even as they demoagogued "$500 billion Obamacare cuts to Medicare".

      And not to be unkind but the first sentence of the following fatally conflicts with the second. Because it is the "capitalist class or the "1%" " who or which is totally complicit in and the direct beneficaries of the failure of "real wages (to) rise with productivity".

      (Not to mention that Dean took a good part of that "an increase in the payroll tax" from our "Northwest Plan for a Real Social Security Fix". Which you could Google. Dean is a big time mentor of mine and a good (online) friend who has taught me a BUNCH over the last 15 years. That said he doesn't ignore what me and my collaborators on NW have had to say since we published the plan back in 2009.)

      But back to the point. The 1% undertook a deliberate campaign to monopolize those gains from productivity at the expense of labor and continue to. Why you seem to think there is some disconnect as if the Invisible Hand was ruling here is puzzling.

      SocSec dot.Defender at gmail.com - founder DK Social Security Defenders Group

      by Bruce Webb on Tue Mar 25, 2014 at 08:50:14 PM PDT

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