Tag Archives: social security

I am seeing numerous articles on Social Security as of late. How to save it from running a deficit. Is this really, what this is about? Even though, the nation has almost always run a deficit except during Clinton(?). There are different ways in which Social Security can be funded. As one finance expert proclaimed, print more money to fund it or MMT theory. As long as the dollar is in demand globally, we are safe. Another possibility is to open...

How the Super Rich Are Killing Social Security, Robert Reich Blog, Robert Reich Since Angry Bear has a well known expert on Social Security in the name of Dale Coberly, I like to post other commentary on the topic. Robert Reich suggests increasing the salary limit well beyond 2023’s $160, 200 cap. He proposes eliminating the cap over $250,000 on salary and investments. Here’s the real reason Social Security is in danger that nobody’s talking...

Joseph Stiglitz is calling for an honest and open debate on the debt ceiling and future expenditures and whether there is any relationship between the two. He states the expansion of the debt ceiling has no relationship between it and laws having future expenditures. The debt ceiling has no bearing on legal expenditures. It is about raising the debt ceiling to meet the expenditure congressional acts. Mostly a Stiglitz Opinion piece with some...

Much of this article I rewrote to make it clearer for the reader. It is written by upper management. I do disagree with the conclusions. Throwing more money at healthcare is not going to solve the issues he discusses. The article praises Commercial Healthcare Insurance who pay more for patient care and whose costs are twice Medicare of which much is administrative cost. The issue is not Medicare or Medicare. The issue is the cost of the...

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...

It has taken years for the Feds, CMS, MedPac, Congress to catch up with the thieving practice of these healthcare plans. They have mislead the people they sell these plans too with come-ons such as health club ss, etc. Then when it comes time for care, it is delayed or denied. This comes after the plans already have received funding. It is about time Congress did something other than bicker. NYT could have been tougher . . . Medicare Delays...

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...

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. ...

“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...

Katie Porter on Social Security. Can you spare a bit more than three minutes? [embedded content] Three of the many Republicans who are absolutely not for the People. Social Security & the Debt Limit, Angry Bear, Bruce Webb. Tags: debt, Katie Porter ...