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Tag Archives: Dale Coberly

CRFB’s FINAL ANALYSIS OF 2023 

CRFB’s FINAL ANALYSIS OF 2023  SOCIAL SECURITY TRUSTEES REPORT  Analysis of the 2023 Social Security Trustees’ Report, Committee for a Responsible Federal Budget, Social Security Dale Coberly: I reported a few days ago on CRFB’s “preliminary analysis” of the 2023 Social Security Trustees Report.  I hoped to show then that though CRFB reported “true” facts, they surrounded those facts with misleading language intended to promote hysteria...

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Will Dean Baker’s Quiver Full of Solutions Stabilize Social Security?

Dean is on a roll here with propositions for the nation as it ages. Thoughtfully, I called it initially a Quiver of Arrows in Support of the economy and in the end Social Security. He is answering a question of what do we need to do to prepare for an aging population and lower replacement rates. We may not need to do as much as we think. By the way this post is a follow up to Dale Coberly’s post; Social Security Trustees’ Report Is Out So Is...

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Social Security Trustees’ Report Is Out So Is CRFB’s Analysis

Social Security Trustees’ Report Is Out So Is CRFB’s Analysis by Dale Coberly Look, I don’t like CRFB.  They claim to be the Committee for a Responsible Federal Budget (CRFB), but in the years I have been watching them they have looked more like the Committee to Cut Social Security. Today my inbox presented me with a note from CRFB on this year’s Trustees Report.  As far as I can tell CRFB is telling the truth here, strictly speaking. ...

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Millions Strike and Protest in France

“France Is Furious”: Anger Grows at Macron for Raising Retirement Age as Millions Strike and Protest (rsn.org), Democracy Now. This is what happens when you let “the government” (“rich” taxpayers of a “progressive” tax) pay for your Social Security.  American Social Security was created “worker paid” by FDR exactly to avoid this (“so no damn politician can take it away from them”). And for more than 80 years that has worked.  but lately the...

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Macron Bypasses Parliament With ‘Nuclear Option’ on Retirement Age Hike

Dale Coberly talking about the French President Macron forcing retirement reform and what could result if US Social Security is paid for by taxes on the rich in income. Macron Bypasses Parliament With ‘Nuclear Option’ on Retirement Age Hike, commondreams.org, Jessica Corbett [The following is copied from article cited in link, with some editing by me. My short comment is below.] “Amid protests against French President Emmanuel Macron’s...

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SOCIAL SECURITY CRFB LETS CAT OUT OF THE BAG, NO ONE NOTICES

Dale Coberly talking about reforming entitlements and the impact on Social Security . . . CRFB, “The Committee For a Responsible Federal Budget”, is an organization dedicated to reducing the National Debt or federal budget deficit, so it says.  But it seems to spend most of its time calling for  “reforming entitlements,” meaning “cut Social Security” which has nothing to do with the Debt/Deficit. Social Security is paid for entirely by the...

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Nancy Altman wants to Turn Social Security into Welfare for All

AB writer, commenter and Social Security expert, Dale Coberly provides a different take on whether “President Biden Should Direct the Social Security Administration to Stop Penalizing Marriage.” ~~~~~~~~ Nancy Altman wrote the following piece, which appeared in PROGRESS AMERICA, on December 16, 2022 as well as Common Dreams.  I thought it needed a response because I regard it as dangerous to Social Security.  I have inserted my responses...

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Nancy Altman Gets It Right About Social Security, Then Gets It Wrong

Dale Coberly: Commentary on an article by Nancy Altman that I read yesterday: “Senator Warnock’s Re-Election Is a Victory for Social Security,” Portside, Nancy J. Altman. Nancy Altman wrote a pretty good book about Social Security [The Battle For Social Security (2005)] which I recommend. It’s readable and tells a story better than I can. In it, she explained the difference between worker paid insurance and welfare. And she told a story about...

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Republicans Plan to Use Debt Limit Leverage to Cut Social Security and Medicare

Introduction: FFS Medicare Overhead costs are ~2%. Medicare Advantage overhead costs are far higher. The same can be said for commercial healthcare costs paid by insurance companies. Neither MA administered healthcare or commercial insurance plans can compete with FFS Medicare for costs and care. I will touch on a few reasons why on Medicare at the end of this article which came by way of Dale Coberly, the resident expert of today’s SS. As...

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Biden vows to save Social Security and Medicare in face of shortfalls

Dale Coberly; USA Today Report of Biden Speech not as bad as it might have been. It still amounts to a lie by Misdirection. On September 27, USA TODAY published an article which AB suggested I review. “Biden vows to save Social Security and Medicare in face of shortfalls, but offers few details,” Maureen Groppe, USA Today It has been said that looking at the face of the devil is one of the chief torments of hell. That is the way I feel when I...

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