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View Diary: Elizabeth Warren: "Shocked" at Obama's Proposal to "Dismantle" Social Security "Inch By Inch" (329 comments)

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  •  I understand. I think it was (3+ / 0-)
    Recommended by:
    lunachickie, kyril, Brown Thrasher

    a bad idea to include in the budget also.  

    Join us on the Black Kos front porch to review news and views written from a black pov—everyone is welcome.

    by TomP on Wed Apr 10, 2013 at 09:41:19 AM PDT

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    •  considering SS is NOT even a budget item (21+ / 0-)

      I would have to agree.
      we are missing the most important talking point in this; that SS is not contributing to the deficit. It pays for itself as a completely separate thing. Like the Post Office.

      Even Liz Warren neglected to mention this vital fact in an otherwise great letter.

      Using SS funds to cover the spending in other areas is akin to attacking Iraq after 9/11.

      Congress spent money on things it couldn't fund, so now wants to raid Soc Sec again.

      That is the truth, that is what needs to be said over and over. Nobody i spoke with over the weekend understood that SocSec is self funding. Nobody.
      also, nobody knew about the cap.

      we are not being heard. speak louder!

      Last full month in which the average daily temperature did not exceed twentieth-century norms: 2/1985 - Harper's Index, 2/2013

      by kamarvt on Wed Apr 10, 2013 at 09:53:08 AM PDT

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      •  Yes, you're right. (3+ / 0-)
        Recommended by:
        kamarvt, kyril, Brown Thrasher

        Join us on the Black Kos front porch to review news and views written from a black pov—everyone is welcome.

        by TomP on Wed Apr 10, 2013 at 10:32:16 AM PDT

        [ Parent ]

      •  Rec'd a thousand times! (3+ / 0-)
        Recommended by:
        kyril, Brown Thrasher, cslewis

        People don't understand this about Social Security at all. Once they do, what is going on becomes obvious.

        Folks around her who get that and still aren't outraged are disingenuous at best about where their values are.

      •  Is it just me, or (4+ / 0-)
        Recommended by:
        kyril, ichibon, Brown Thrasher, cslewis

        does it seem CCPI is about raiding Social Security just like corporate overseers raid their employees' retirement accounts?

        "Never argue with an idiot. They will drag you down to their level, and beat you with experience every time." --Unknown

        by Subwoofer of the House on Wed Apr 10, 2013 at 11:44:56 AM PDT

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        •  actually, it's the cover up of the raids (3+ / 0-)
          Recommended by:
          fenway49, lotlizard, NoMoreLies

          that started under Reagan. The SS trust fund has been too fat a piggy bank for all the politicians to resist.
          wanna cut taxes and claim it doesn't balloon the deficit/ Just raid the SS trust fund to replace the missing revenue from the general fund, and voila!
          What is important to repeat is that those who cry "bankruptcy" in every discussion of SS finances are lying about this situation to avoid being exposed as part of the cabal that has routinely stolen this money from the American people for over 30 years now.

          since the vast majority of that money was redistrubeted to the top 1%, it makes perfect sense to recoup it by eliminating the payroll cap entirely.

          Last full month in which the average daily temperature did not exceed twentieth-century norms: 2/1985 - Harper's Index, 2/2013

          by kamarvt on Thu Apr 11, 2013 at 05:31:13 AM PDT

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          •  I actually don't (1+ / 0-)
            Recommended by:
            Onomastic

            support eliminating the cap entirely, for two reasons. First, running too big a surplus would lead to exactly the type of shenanigans we've had since 1983 and to which you allude.

            Second, it would result in some very high income people saying "I paid $50,000 a year into S.S. and I'm not getting anywhere near that. It's a redistributive welfare program." As a personal matter, I have no problem with taxing the top 1% quite heavily, or with redistribution, but this scenario will help Social Security's opponents undermine political support for the program.

            You know the whining of the 1% type like this will get sympathetic media coverage. They will say, "The program, as originally conceived, was not redistributive. Now it is and that's no good. Ripe for 'reform.'"

            Republicans...think the American standard of living is a fine thing--so long as it doesn't spread to all the people. And they admire the Government of the United States so much that they would like to buy it. Harry S. Truman

            by fenway49 on Thu Apr 11, 2013 at 05:39:33 AM PDT

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