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View Diary: A Conservative Argument for Raising the Minimum Wage (108 comments)

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  •  With static numbers of jobs, not by itself. (0+ / 0-)

    Job growth will help, some.  Raising the SS tax income cap will help even more.  

    •  The SS Trustees report is clear (0+ / 0-)

      The CBO scoring is fairly straight forward.

      Raising the SS income cap to the traditional 90% only increases FICA by .2% of GDP, we need .6%.

      % of GDP is not static, dont pretend anything I posted was based on anything static.

      The SS Trustees tell us in the low cost scenario that job creation and wage growth can get SS thru 2090, I've read every SST report since 2005, and have done some research on most reports back to 1986.

      You offer no numbers, no citations, and you demonstrate little familiarity with any fundamentals.

      Heres a chart from the CBO, as I said the shortfall is .6% of GDP, the chart shows how much each fix would impact SS solvency.

      .................expect us......................... FDR 9-23-33, "If we cannot do this one way, we will do it another way. But do it we will.

      by Roger Fox on Wed Nov 20, 2013 at 03:03:26 PM PST

      [ Parent ]

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