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think

(11,641 posts)
Tue Apr 7, 2015, 11:48 AM Apr 2015

How Elizabeth Warren Made Expanding Social Security Cool

Bold added for emphasis. Please note the Third way response.

How Elizabeth Warren Made Expanding Social Security Cool

Warren just turned Social Security expansion—once a progressive pipe dream—into a tough-to-ignore 2016 issue.
—By Pema Levy | Mon Apr. 6, 2015 6:45 AM EDT


For years, Washington politicians and policymakers been talking about cutting Social Security benefits. The Beltway consensus, unduly shaped by deficit hawks and Wall Streeters, has been that the system is broken and must be pared back, and progressives who support Social Security have often had to play defense.

But in late March, Sen. Elizabeth Warren, the populist Democrat from Massachusetts, entered the fray—and challenged the prevailing view. In the wee hours of March 27, Warren introduced an amendment to the Senate budget resolution calling for protecting the program's solvency and expanding Social Security benefits. And every Democrat present but two voted for the amendment; every Republican opposed it.

A budget resolution is a set of nonbinding guidelines for how Congress should write spending bills during the upcoming year. Congress can and often does ignore budget resolutions, but they are a significant statement of priorities and principles, and the amendment process can be an important game of politics. By introducing this amendment, Warren forced senators to take a position on the popular retirement program. "This is how politics is played if you intend to play to win," says Damon Silvers, policy director and special counsel for the AFL-CIO. "For too long, the progressive or populist part of the Democratic Party has not played to win."

~Snip~

Not everyone believes the budget vote was a big deal. Third Way's Jim Kessler, who cowrote the 2013 op-ed slamming Warren on Social Security, dismisses the recent budget resolution vote as no more than a nonbinding amendment that was "aspirational" and not a "real plan." His opinion piece called the idea of increasing Social Security benefits part of a "populist political and economic fantasy."

~Snip~

Full Article:

http://www.motherjones.com/politics/2015/04/can-elizabeth-warren-expand-social-security
37 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
How Elizabeth Warren Made Expanding Social Security Cool (Original Post) think Apr 2015 OP
Third Wayer slams Warren. What a surprise! merrily Apr 2015 #1
We lost because we didn't go far enough right. Jackpine Radical Apr 2015 #2
Hey! I've got a great new bipartisan strategy! jeff47 Apr 2015 #5
Or do what Third Way has done & just have Republican policies be pushed by "Democrats"! RiverLover Apr 2015 #7
That clearly wasn't far enough, because we're still not bipartisany enough. jeff47 Apr 2015 #8
Can't get more "bi-partisan" than this: bvar22 Apr 2015 #18
Pat Paulsen would be more fun. Here's what he has to say about it: dmr Apr 2015 #32
You forgot "haters." lol InAbLuEsTaTe Apr 2015 #28
Ha! Thats why the RIGHT says THEY lost too! 7962 Apr 2015 #14
I never have to ask. merrily Apr 2015 #33
Indeed. And in contrast the AFL-CIO spokesperson applauding the effort stating Democrats think Apr 2015 #3
Unions are stuck in the same LOTE bind as everyone else. merrily Apr 2015 #35
They don't care if Democrats win. Maybe they even want us to lose. Enthusiast Apr 2015 #30
If so, the plan seems to be working astoundingly well. merrily Apr 2015 #34
HUGE K & R !!! - THANK YOU !!! WillyT Apr 2015 #4
k&r - Bernie's been doing this too. closeupready Apr 2015 #6
ELIMINATE THE CAP. pansypoo53219 Apr 2015 #9
I thought the "3rd Way" guys supported a "flat tax"? staggerleem Apr 2015 #10
How do you figure? Every year forward will have MORE senior citizens, not less 7962 Apr 2015 #15
Most of the people living longer are rich people and minorities are losing ground /nt Dragonfli Apr 2015 #17
Where have you read that? 7962 Apr 2015 #19
Lots of places Dragonfli Apr 2015 #20
Well, we cant have it both ways. We always hear about poor seniors every election cycle! 7962 Apr 2015 #22
I'm sorry, I don't follow your reasoning, besides, if you live in a poor Dragonfli Apr 2015 #24
You've got the wrong idea. 7962 Apr 2015 #25
That is absolutely correct and supported by the facts. n/t 1StrongBlackMan Apr 2015 #27
Thank you, it is true, unfortunately there is a great deal of mis-infomation Dragonfli Apr 2015 #36
You are exactly correct Samantha Apr 2015 #21
To be fair, that 40% loss in '08 would now be a nearly 300% gain 7962 Apr 2015 #23
Fair enough - that IS what happened to my 401k, BUT ... staggerleem Apr 2015 #37
Thank you, Senator Warren! ananda Apr 2015 #11
Lift the Cap, issue moot- appalachiablue Apr 2015 #12
K&R..... daleanime Apr 2015 #13
Maybe its in the link, but expand it to WHO? 7962 Apr 2015 #16
Its to expand the payout amounts, not expand who its paid out to. RiverLover Apr 2015 #26
Elizabeth makes everything cool everytime she addresses an issue. She's a complete natural who doesn't need consultants or a teleprompter... InAbLuEsTaTe Apr 2015 #29
Elizabeth was fantastic on Conan O'Brien last night. Enthusiast Apr 2015 #31

merrily

(45,251 posts)
1. Third Wayer slams Warren. What a surprise!
Tue Apr 7, 2015, 11:51 AM
Apr 2015

After 2010 and 2012, Third Wayers should be hanging their heads in shame, but noooooooo.

jeff47

(26,549 posts)
5. Hey! I've got a great new bipartisan strategy!
Tue Apr 7, 2015, 12:27 PM
Apr 2015

The media keeps dogging Democrats for not being sufficiently bipartisan. So we can solve that by Democrats nominating a Republican in 2016! Let's put Jeb on the Democratic ticket to show just how bipartisany we are.

Heck, Latinos will flock to the ticket now that they know he's one of them!!

RiverLover

(7,830 posts)
7. Or do what Third Way has done & just have Republican policies be pushed by "Democrats"!
Tue Apr 7, 2015, 12:43 PM
Apr 2015

And anyone who calls them out are "dividing the party" & "trying to elect republicans". Quite the triangulation there. Too bad for fake dems but good for the country, we see it now. Falls kind of flat.

jeff47

(26,549 posts)
8. That clearly wasn't far enough, because we're still not bipartisany enough.
Tue Apr 7, 2015, 12:45 PM
Apr 2015

So it's time to step up our game and nominate a declared Republican to show just how bipartisany we are.

bvar22

(39,909 posts)
18. Can't get more "bi-partisan" than this:
Tue Apr 7, 2015, 05:44 PM
Apr 2015

[font size=3]Paulson withCo-Conspirators

Now THIS is bi-partisanship!
Better get used to it!
Hahahahahahahaha![/font]

dmr

(28,349 posts)
32. Pat Paulsen would be more fun. Here's what he has to say about it:
Wed Apr 8, 2015, 12:05 PM
Apr 2015

Pat Paulsen Editorials (Smothers Brothers Comedy Hr,1967/68):


 

think

(11,641 posts)
3. Indeed. And in contrast the AFL-CIO spokesperson applauding the effort stating Democrats
Tue Apr 7, 2015, 11:57 AM
Apr 2015

need to be raising issues and holding the GOP accountable through votes.

The stark contrast serves as a vivid example contrasting the 2 schools of thought.

 

staggerleem

(469 posts)
10. I thought the "3rd Way" guys supported a "flat tax"?
Tue Apr 7, 2015, 02:08 PM
Apr 2015

Well, then, Mr. Kessler, howzabout we FLATTEN the Social Security tax, thusly -

EVERYBODY pays the same rate on EVERY DOLLAR they earn - no exceptions for "high earners"! But we leave the EMPLOYER contribution as is (i. e., set an upper limit, beyond which the employer no longer contributes), because the folks who make over $120,000 a year probably don't NEED the extra cash to retire on. But everyone gets the same employer contribution up to the limit. This would keep the system solvent pretty much FOREVER, without overburdening smaller businesses.

Oh, and BTW when the people on the right run around with their hair on fire yelling about how the SS trust fund will be totally depleted in the next 25 - 30 years ... THAT WAS THE PLAN! There was no SS trust fund until around 1980, when Pat Moynihan & President Reagan suddenly realized that the Social Security "python" would soon have to swallow the Baby Boomer "cow"! So, right around the time I started earning what (at the time) seemed like "REAL" money, the SS deduction was DOUBLED, to build the fund. Until then, the system was "pay as you go", and YOU paid for YOUR PARENT'S (or maybe Grandparent's) retirement. MY generation (ooh - that's catchy ... maybe I'll write a song!) was the first to pay for TWO GENERATIONS of retirees - and I'm fine with that. But the fund is SUPPOSED to deplete as we boomers die off!

 

7962

(11,841 posts)
15. How do you figure? Every year forward will have MORE senior citizens, not less
Tue Apr 7, 2015, 02:52 PM
Apr 2015

Regardless of the boomers. People are living longer on average and that trend isnt going away.

 

7962

(11,841 posts)
22. Well, we cant have it both ways. We always hear about poor seniors every election cycle!
Tue Apr 7, 2015, 11:48 PM
Apr 2015

Our own side is always talking about the gop tossing grandma out into the street or making them choose between eating and medicine. But what you're showing me means thats a bunch of hooey. But now that you made me think of it, all the seniors I know of are doing just fine; other than a couple. And I know a LOT of them

Dragonfli

(10,622 posts)
24. I'm sorry, I don't follow your reasoning, besides, if you live in a poor
Wed Apr 8, 2015, 12:04 AM
Apr 2015

neighborhood as I do, anecdotal evidence is quite the opposite regarding the fate of seniors.
May I ask where you live? It must be really nice there.

I am sorry you do not see the need for the social safety net, or it's needed expansion, but it seems rather cold and inhuman to me.
I'd rather not discuss the issue with such a person, if I did, there are plenty of right wing sites I would frequent.

 

7962

(11,841 posts)
25. You've got the wrong idea.
Wed Apr 8, 2015, 07:14 AM
Apr 2015

Where did I ever say there was no need for SS? I was saying the opposite; I'm used to hearing that the seniors arent doing well. You pointed out that, in fact, many of them are doing quite well, and had the links to show it. Which made me think about the ones I'm associated with and their lifestyle. I live in the central Ga area; hardly Westminster County NY!
The only question I had, from another post, is how Warren wants to expand the program. Expand it how & to who? Its already going to seniors & survivors.
I also said I supported ending the cap to aid in funding

Dragonfli

(10,622 posts)
36. Thank you, it is true, unfortunately there is a great deal of mis-infomation
Wed Apr 8, 2015, 01:04 PM
Apr 2015

put forth by Pete Peterson and his ilk to try to cloud the issue and make raising the retirement age appear reasonable. They are quite successful with such misinformation and have a majority believing their propaganda.

They also have people believing that SS is part of the general budget and driving the deficit when in fact it has it's own fund that is completely separate and running a surplus of over two and a half trillion dollars held in interest accruing bonds that are to be used to cover expenses not met any time the current expenditures exceed the current intake of FICA contributions.

They do their jobs all too well.
They are great con men even if they are horrible people.

Thank you for supporting the truth in this thread.

Samantha

(9,314 posts)
21. You are exactly correct
Tue Apr 7, 2015, 11:03 PM
Apr 2015

We are the first generation to pay for two generations' Social Security retirements funds. Yet, listen to the generation behind us. They have been brainwashed into thinking it is the Baby Boomer generation threatening their future retirement.

In theory, we were to pay for the generation before us, then we would pay for our generation, and after the last Baby Boomer bit the dust, the problem would be over because the next slate of generation of retirees would not be as huge as ours. When that day comes, who here thinks the FICA tax will be lowered to its former normal rate?

I learned about the resentment many in the generation behind us have for Baby Boomers, thinking their FICA is being sucked up by paying for the huge numbers of retirees considered Baby Boomers one day while shopping in a retail store. The young man behind the counter looked at me and smirked, saying, "Boy your generation really did a number on my generation. By the time I get ready to retire, Social Security will not be there." I was very saddened to hear such a young person say this. I asked him who or what was the source of his news, but he did not respond. So I explained to him the 80s' agreement, and asked him to look this up for himself and see for himself we were paying for our own retirement. I told him this misinformation was being spread by Republicans who wanted to assist Wall Street gets its wish to privatize Social Security.

If George Bush* had been successful in privatizing the program, 40 percent of the then current funds would have been lost during the 2008 crash. We can never allow such privatization to happen. The transition costs to convert the program would have been 3 trillion dollars in 2003. The government would not pay for the transition, neither would those slated to administer the program privately, and it was decided the participants would foot the bill by having their benefits cut.

Sam

 

7962

(11,841 posts)
23. To be fair, that 40% loss in '08 would now be a nearly 300% gain
Tue Apr 7, 2015, 11:51 PM
Apr 2015

Because the market has nearly tripled since obama took office. But if you're retired age, you should have very little in the market anyway

 

staggerleem

(469 posts)
37. Fair enough - that IS what happened to my 401k, BUT ...
Fri Apr 17, 2015, 12:38 PM
Apr 2015

... with Blankfein, Dimond, et al in charge of how the trust fund would be invested, I'm of the unshakable opinion that they would have thrown it all into companies that make pay phones & buggy whips.

Oops. Gee, folks, sorry about that, but you know, there are NO guarantees in the stock market ... unless you ARE the stock market.

 

7962

(11,841 posts)
16. Maybe its in the link, but expand it to WHO?
Tue Apr 7, 2015, 02:54 PM
Apr 2015

I cant read links on the phone. But SS already goes to seniors, survivors and under-18 survivors, where does she want to expand it?
And doing away with the cap would go a long way towards funding issues

RiverLover

(7,830 posts)
26. Its to expand the payout amounts, not expand who its paid out to.
Wed Apr 8, 2015, 07:25 AM
Apr 2015

And its in opposition to reducing payout amounts like Wall Street Rethugs & Dems want.

InAbLuEsTaTe

(24,123 posts)
29. Elizabeth makes everything cool everytime she addresses an issue. She's a complete natural who doesn't need consultants or a teleprompter...
Wed Apr 8, 2015, 08:55 AM
Apr 2015

to tell her what to say.

Enthusiast

(50,983 posts)
31. Elizabeth was fantastic on Conan O'Brien last night.
Wed Apr 8, 2015, 10:25 AM
Apr 2015

And Conan was an obvious Warren fan. He made that perfectly clear.

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