A different viewpoint by myself which is not so new and very workable. Dean Baker at CEPR offers up his viewpoint on saving Social Security. I believe we are in close proximity to a solution except I would suggest a different source of funds. Dale, Bruce, and Arne have talked this simple solution up until blue in the face. People still want to tax other entities and impair the existing Social Contract with Labor or the Worker. “Big Victory on...
Read More »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...
Read More »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...
Read More »Where are we with Social Security and Medicare?
“Social Security and Medicare finances bolstered by growing economy,” (axios.com), Neil Irwin. Two different pieces of information going on here. The pie chart below shows were we were in 2021 for Medicare. I have not compared the pieces of information to see if they conflict. I do not have charts for Social Security, I can only imagine in my head the outcome. A million people died so the funds go to the living. The trustees of the programs...
Read More »A dastardly plot
Infidel753: “A dastardly plot,” Infidel753 Blog While winning a Senate majority increasingly looks out of reach for Republicans, a House majority is distinctly possible. If they get it, they plan to force Democrats to make concessions which would almost certainly include cuts to Social Security and Medicare — possibly by drastically raising the eligibility age, though if they really want to cut spending quickly, it’s hard to see how they could...
Read More »The Republican assault on social insurance continues apace
Republicans have made their desire to cut – or gut – Social Security, Medicare, and Medicaid clear for decades. Jack Fitzpatrick tells us that they are gearing up for another bite at the apple: Social Security and Medicare eligibility changes, spending caps, and safety-net work requirements are among the top priorities for key House Republicans who want to use next year’s debt-limit deadline to extract concessions from Democrats.The four...
Read More »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...
Read More »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...
Read More »Did Biden Lie About Social Security or is Washington Post’s Fact Checker a Damned Liar?
“Did Biden Lie About Social Security or is Washington Post’s Fact Checker a Damned Liar?“ Dale Coberly: Well. you won’t find out from me. I only read about it third hand, and because the “fact checker” …Glenn Kessler….is behind a paywall you are going to have to find it for yourself. So, I don’t know but I been told that Kessler gave Biden “Four Pinocchios” for saying that the Republicans want to destroy Social Security…just as the...
Read More »Aggregate Medicare payments to Medicare Advantage plans
Medicare Advantage (Part C) plans were to be the private plans able to deliver more and better healthcare than FFS Medicare. MA plans does offer more services than FFS Medicare. It offers similar services at a higher cost than ordinary Medicare costs. This is accomplished by over coding healthcare issues of participants which in turn increases prices to FFS Medicare. Random surveys over the years have revealed excessive charges by Medicare...
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