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We spend our lives working hard, and making payments toward social security.
The right wing distorts this to imply that recipients are moochers, out to
impoverish the billionaires who are trying to annihilate it.

Most of you don't feel that social security concerns you.
You consider yourself far from retirement age.  But let me
tell you, it creeps up quickly.  You'll find yourself spammed
by ARRP in no time!  

That email from aarp is a signal that , you are on the verge of
generating no income.  
Your life is about to become very vulnerable.
Social security will mean whether or not you can make your house payment,
take a week-end getaway, help out your kid who was laid off, or give your grandchild
dancing lessons.  Or even EAT.

FACT:  Social security benefits have not been updated in YEARS.

The Republican campaign to weaken social security is a red herring.
It is calculated to DEFLECT our attention away from the need to increase
social security benefits for hard working citizens.

Seniors should not be cowed into feeling like they are getting free money, to
collect what they have been working like animals for.

Increasing ss benefits needs to be a major issue.  Just under global

I think by this time I've figured out that you don't like my diaries.  But
perhaps one of you smarter Kos people might take the content and
turn it into a diary on what is more, and more becoming a burning issue.


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Comment Preferences

  •  Stop making sense. (6+ / 0-)

    Stop stating the obvious. Why do you hate America?

    Tipped and rec'd.

  •  It's insurance. If we want increased benefits, (0+ / 0-)

    we need to pay more in taxes.

  •  Anyone that is under 40 (1+ / 0-)
    Recommended by:

    Is likely operating under the premise that SS as it stands today will not be around when they reach retirement age. So, what's the point.   Besides, SS is not a retirement account you pay into. It's a pension scam that only works if there are more working people paying in than retired people withdrawing.   Like all pyramid schemes, it falls apart when there's no more money coming in.

    •  You should get your facts straight (3+ / 0-)
      Recommended by:
      Chi, rivercard, Tim DeLaney

      Social Security is not and has never been billed as a retirement account.  It’s a social insurance package of retirement, survivors and disability programs which have paid benefits for over 70 years, and is projected, under VERY pessimistic economic assumptions, to be able to pay full benefits for the next 20 years and 75 percent of scheduled benefits into perpetuity.  And those benefits, even if nothing is done to address the projected shortfall, would, due to intervening productivity and wage increases, be larger than today’s seniors receive.  By the way, there will never be a time when there are more retired people withdrawing than working people paying FICA and SECA taxes.  And the number of people paying into Social Security does not have to constantly increase for the system to work.  Average earnings, average hours worked, ratio of wages to total compensation, real-wage differentials, tax rates, percentage of workforce participation, unemployment rates, fertility rates, mortality rate, consumer price index changes, immigration levels, GDP projections, interest rates, and worker productivity all figure into determining program solvency.  As long as the amount of money coming into the system maintains a rough balance with the money paid out as benefits, the system can and will continue forever.  

      Do you and young people in general really believe that the hundreds of billions of dollars in FICA and SECA taxes paid into the system each year ($661.3 billion in 2010) for the express legal purpose of paying benefits will somehow evaporate and not be paid to beneficiaries in the future?  That’s pretty silly.  Oh, and probably 20 percent or more of those people under 40 are now receiving or have previously received Social Security as either a survivor of a deceased worker, a dependent of a retired or disabled worker, or as a disabled worker themselves.  For a 30-year-old earning $30,000 a year with a spouse and two young kids, Social Security is like having $465,000 in disability insurance and more than $475,000 in life insurance (2012 figures).  And all are guaranteed to receive retirement benefits when they reach retirement age.

  •  This is the first time in my life that... (2+ / 0-)
    Recommended by:
    Mr Robert, Chi

    I feel that both Democrats and Republicans in DC are working to make our lives worst, with few exceptions.

    Plato's " The Cave" taught me to question reality.

    by CTDemoFarmer on Tue Apr 09, 2013 at 02:03:50 PM PDT

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