Steve Hochstadt: Retirement means getting up in the morning without a day full of activities that must be done today. I’ll have much more spontaneous control over what I do.
Social Security is a program that includes provisions for retirement, disability insurance and survivor benefits. It can be self sustaining if structured to do so. The articles below discuss both its challenges and opportunities. In this video Senator Elizabeth Warren offers clear explanations for why Chained CPI is bad for the average American.
Michael Hertz: The SSA can make more money on its assets, while at the same time lending out money at lower rates than do the credit card companies.
Richard Eskow: If you’re going to cut a program that affects the lives of most Americans, the least you can do is get the facts right. Jeb didn’t.
View image | gettyimages.com n 2005 President George W. Bush and his fellow Republicans were hard at work trying to privatize Social Security. Their proposal would have replaced much of this guaranteed-benefit program with a plan that would have invested its funds in privately managed accounts instead. That would have been a massive payday for […]
Berry Craig: If I were a retiree on the fence wavering between Team Mitch and Team Switch, I’d give what McConnell said – or, rather didn’t say – some serious, if not prayerful, consideration before I voted a week from Tuesday.
RJ Eskow: One of the bitter ironies of the bipartisan austerity craze has been the fact that, while there has been an assault on government jobs, there has been an equal or greater push to transfer government revenues to the private sector using lucrative, cost-inflating “privatization” contracts.
RJ Eskow: Congress has cut 14 out of the last 16 SSA budget requests. There’s only one rational explanation for that: a hostility toward government itself, combined with the determination to place more public resources in corporate hands through “privatization.”
RJ Eskow and Richard Fowler: Last week MSNBC’s Abby Huntsman expressed some strong opinions about Social Security. That’s her right and her privilege. Unfortunately, she also made some inaccurate and misleading statements.
Killing the Chained CPI: Could the chained CPI be revived at some point? Of course. But, for now at least, it’s dead.
What Reform Means — “Reform” used to mean government actions designed to give working people a leg up or expand democratic participation.
Third Way — Why are Democrats affiliated with a group which works so strenuously to gut Democratic programs?
Berry Craig: We didn’t vote, give money, wear out shoe leather going door-to-door or staff phone banks for our union-endorsed candidates – most of them Democrats — so they could go to Washington and help tea party-tilting Republicans eviscerate Social Security.
Richard “RJ” Eskow: If you’re a Democrat who cares about the political fate of your party, complacency about Social Security would be an even bigger mistake.