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America's Social Security crisis is getting worse amid the coronavirus pandemic
https://news.yahoo.com/social-security-crisis-pandemic-114848170.htmlDemocratic nominee and former Vice President Joe Biden has stated that he plans to tax high-income earners in order make sure the program remains on solvent ground, and provide higher benefits to those who have already received Social Security for 20 years.
His plan also keeps the minimum benefit to stand at 125% of the poverty level for those who have worked at least 30 years, and tweaks the cost-of-living adjustment so that it places greater weight on items that matter more to senior budgets.
** President Trump hasn’t outlined a specific proposal related to Social Security. The campaign has yet to respond to request for comment.
“I think, politically, it’s a no-win proposition because if you say everything is fine, then politicians are fed graphs and equations and anyone who says they’ll act now will face the wrath of the electorate,” Earle said.
Mark Zandi, chief economist at Moody’s Analytics, said that the issue revolves more around borrowing.
His plan also keeps the minimum benefit to stand at 125% of the poverty level for those who have worked at least 30 years, and tweaks the cost-of-living adjustment so that it places greater weight on items that matter more to senior budgets.
** President Trump hasn’t outlined a specific proposal related to Social Security. The campaign has yet to respond to request for comment.
“I think, politically, it’s a no-win proposition because if you say everything is fine, then politicians are fed graphs and equations and anyone who says they’ll act now will face the wrath of the electorate,” Earle said.
Mark Zandi, chief economist at Moody’s Analytics, said that the issue revolves more around borrowing.
RELATED - Republicans are gunning to just defund social security NOW - like they did the USPS: https://www.democraticunderground.com/100213866096
ALSO: ** it is NOT TRUE that Trump hasn't outlined a specific proposal. He has SAID OUTRIGHT that if re-elected, he would enact massive cuts to social security and Medicare.
Link to tweet
During a deadly pandemic when a President SHOULD be DEFENDING America's seniors, Trump is instead DEFUNDING them.
Link to tweet
Trump's planned executive order is an unconstitutional raid on our Social Security - and it's a recipe for another Great Depression.
Call your Senators now at 202-224-3121 and tell them to stand up to Trump!
Call your Senators now at 202-224-3121 and tell them to stand up to Trump!
Link to tweet
Link to tweet
Trump says he expects to sign an executive order today or Saturday to impose his “payroll tax holiday.”
"Payroll tax holiday" = defunding Social Security & doing so by executive order is unconstitutional.
Call your Senators at 202-224-3121 to demand they stand up to Trump!
"Payroll tax holiday" = defunding Social Security & doing so by executive order is unconstitutional.
Call your Senators at 202-224-3121 to demand they stand up to Trump!
9 replies
= new reply since forum marked as read
= new reply since forum marked as read
are older, retired Americans. Why do older people (of which I'm one) continue to vote for republicans and AGAINST their best interests? One word..... FEAR. They always try to scare the bejebus out of older voters so they'll depend on republicans to protect them. The thing is, republicans are always doing the exact opposite, they're screwing them into the ground. 
they're all in Florida, too busy playing golf and catching sexually transmitted diseases to pay attention to what's really going on. I was smart: I played too much golf and got all the required sexually transmitted diseases back in the 60s and 70s, and don't give a crap about either anymore. Now I spend all of my time paying attention to what these bastards are really doing. 
