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question everything

(47,551 posts)
Tue Apr 7, 2015, 05:55 PM Apr 2015

Democrats Rethink Social Security Strategy

By Laura Meckler

For years, liberal Democrats have fought against proposals to cut Social Security benefits. Now, they’re pushing the party not just to defend benefits but to increase them, and that could present a problem for Hillary Clinton.

The call for higher benefits is a marked difference from recent years in which the White House and Republicans were negotiating deficit-cutting deals, leaving liberals to argue merely for staving off benefit cutbacks. Separately, many experts in both parties have long argued that extending the solvency of the program would require a combination of benefit cuts and tax increases.

The liberals’ argument is that Social Security benefits are meager and that people in retirement need more, not less, money. Some also contend that concerns about the program’s solvency are exaggerated. And inside the Democratic Party, that argument is gaining traction. Legislation increasing benefits, and boosting payroll taxes to cover the cost, now has 58 co-sponsors in the House.

Former Maryland Gov. Martin O’Malley, who is considering a Democratic presidential bid, told Iowa voters that the nation must expand benefits to help more people realize the American dream. Sen. Elizabeth Warren (D., Mass.) won 42 Democratic votes—with just two Democrats voting no—for a nonbinding resolution calling for a “sustainable expansion of benefits.”

But there could be a conflict between this sentiment and the heavy favorite for the party’s 2016 presidential nomination. When Mrs. Clinton last weighed in on Social Security, she supported a bipartisan commission to tackle the program’s long-term financial imbalance. The widespread view was that such a commission would lead to a compromise in which Democrats support benefit cuts in return for Republican support for a tax increase, all to extend the life of the program. People on both sides have pointed to a 1983 bipartisan agreement, reached by a commission, as a model.

More..

http://www.wsj.com/articles/democrats-rethink-social-security-strategy-1428270057

29 replies = new reply since forum marked as read
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Democrats Rethink Social Security Strategy (Original Post) question everything Apr 2015 OP
Raise The Cap....... global1 Apr 2015 #1
+1 Problem solved, just raise the cap- appalachiablue Apr 2015 #7
No ELIMINATE the cap and make the .001% pay in for their "unearned income" too. Vincardog Apr 2015 #9
Go for it- appalachiablue Apr 2015 #10
I've heard that there is a cap on benefits question everything Apr 2015 #29
"A spokesman declined to comment on Mrs. Clinton’s current position" djean111 Apr 2015 #2
+1 cui bono Apr 2015 #3
or the spokesperson does not know what the position is and prefers not to invent one nt msongs Apr 2015 #4
Hillary will tell you her position just as soon as Goldman Sachs tells her what it is. blkmusclmachine Apr 2015 #5
It doesn't matter what Hillary's current position is... Chan790 Apr 2015 #11
And - it is sickening to know that running on one thing and then doing quite another thing djean111 Apr 2015 #12
Who said it was acceptable? I said her position is irrelevant. Chan790 Apr 2015 #13
I was not addressing you directly, really. djean111 Apr 2015 #15
And a bipartisanship with the Neo-Cons means doing what the Neo-Cons want 90+% Cal33 Apr 2015 #21
Wall Street is playing The Wizard Apr 2015 #22
+2 840high Apr 2015 #24
Damn, I don't think Hillary has given a position but at least she can get some possible positions Thinkingabout Apr 2015 #25
Is Hillary running for something? Renew Deal Apr 2015 #27
This guy had a great solution during Campaign 2008: bvar22 Apr 2015 #6
The Simpson-Bowels Cat Food Commission sent out by the WH to promote the Chained CPI appalachiablue Apr 2015 #8
The basis of ss is to keep a person (who paid in) out of poverty, it has to be raised. Sunlei Apr 2015 #14
At that point it becomes a welfare plan instead of a retirement fund. geek tragedy Apr 2015 #16
That's why I'd like the cap to raise to 250k yeoman6987 Apr 2015 #28
No, the purpose of Social Security as stated by SSA is not 'to keep people out of poverty' but Bluenorthwest Apr 2015 #18
ss does keep about 20% just above federal poverty lvl. Anyway, Ds should push for the 'moon & stars' Sunlei Apr 2015 #20
Where does "provide for the material needs of beneficiaries" come from? former9thward Apr 2015 #23
I once voted for a Senator from Illinois to be President in part becuase he had good ideas about Bluenorthwest Apr 2015 #17
No Cuts. Just simply raise the cap. End of problem. on point Apr 2015 #19
Raise the cap, and I do remember Bill Clinton wanting to raise the cap way back when! TheNutcracker Apr 2015 #26

question everything

(47,551 posts)
29. I've heard that there is a cap on benefits
Thu Apr 9, 2015, 12:02 AM
Apr 2015

thus, the wealthy taxpayers say, their taxable income is taxed, but so are the benefits.

I don't know how this may or may not affect the discussion.

 

djean111

(14,255 posts)
2. "A spokesman declined to comment on Mrs. Clinton’s current position"
Tue Apr 7, 2015, 06:46 PM
Apr 2015

Hillary has to figure out how many votes she would gain or lose, and whether Jamie Dimon and the rest of Wall Street would approve.

 

Chan790

(20,176 posts)
11. It doesn't matter what Hillary's current position is...
Tue Apr 7, 2015, 11:12 PM
Apr 2015

and I'm not saying that as a Hillary-hater (though I do actually hate Hillary Clinton and have no problem with being called a "Hillary-hater&quot ...Hillary has strong polling numbers and to my chagrin, probably has the nomination sown-up right out of the gate.

The control of the centrist DLC, corporatist wing of the Democratic party (let's be honest...HRC is their last gasp. If she loses in the GE or the primary, Clintonism and the Third Way is dead; Democrats catering to Wall Street to get their money hasn't/isn't/doesn't work) over the platform is waning fast, while liberal positions are slowly ascendent. The party is moving left...a counter-revolution to the tea-party's rightward pull on the far side of the aisle. Her platform will be the party platform (because she's not an idiot and she knows she will not be reelected if she spends her entire term fighting her own party)...and it will largely be dictated to her from her left, if not "the left." It's not only possible but probable that she will have a Congressional majority in at-least the Senate which is to the left of her personal positions. Fortunately, Mrs. Clinton has been playing the political game long enough to know to roll with the punches and play the hand she is dealt--she's going to break towards her personal position only where she can without losing a party base that may strongly favor her, but favors an agenda more liberal than her own.

I can't stand Hillary...but she's not a political neophyte or an idiot. She tried running on her own values in 2008 and those values lost her a primary...a mistake she's not going to make twice.

 

djean111

(14,255 posts)
12. And - it is sickening to know that running on one thing and then doing quite another thing
Tue Apr 7, 2015, 11:23 PM
Apr 2015

if the election is won is supposed to be acceptable.

 

Chan790

(20,176 posts)
13. Who said it was acceptable? I said her position is irrelevant.
Tue Apr 7, 2015, 11:37 PM
Apr 2015

She will not have the opportunity to govern according her personal positions any more than Obama did...DLC partisans dictated the agenda to him and a party more liberal than she is will dictate to her.

(I concede figurehead presidency is not really any better that governing differently than you campaigned. It is not the same thing however.)

 

djean111

(14,255 posts)
15. I was not addressing you directly, really.
Wed Apr 8, 2015, 07:07 AM
Apr 2015

But I certainly do not think that "a party more liberal than she is will dictate to her". I think she will pursue her corporate agenda with the help of Conservatives, and call it "bipartisanship".

 

Cal33

(7,018 posts)
21. And a bipartisanship with the Neo-Cons means doing what the Neo-Cons want 90+%
Wed Apr 8, 2015, 12:39 PM
Apr 2015

of the time. This means no real change, but more of the same. However, if Hillary
should win the Democratic primaries, I'll vote for her against any Republican. This
is for the sheer survival of the Democratic Party. She would, at least, keep the
Democratic Party half alive. Maybe then in 2020 or 2024 some Progressive would,
finally, win the presidency and be able to make real changes with sufficient backing
from both Houses of Congress.

The only real hope is for more and more Americans to finally realize that business
corporations are the real power behind the throne right now, and their only interest
is to gain more power through making more money, so that they would have more
control over the country. The American people are nothing more to them than tools
to be used -- and to be discarded when they are of no further use to the Corporatists.

When more people realize the above, they'll begin to vote more Republicans out
of office. It's the only way for Democrats to win.

The Wizard

(12,552 posts)
22. Wall Street is playing
Wed Apr 8, 2015, 04:46 PM
Apr 2015

the Democrats like cheap fiddles. Every time the Democrats give them what they demand the ante gets raised. We should follow Iceland's example and have them leave through the back door of the court house in chains.

Thinkingabout

(30,058 posts)
25. Damn, I don't think Hillary has given a position but at least she can get some possible positions
Wed Apr 8, 2015, 11:22 PM
Apr 2015

here on DU. Interesting positons, many is not going to secure Social Security beyond the current projection of 2036 but maybe there will be some miracles coming.

bvar22

(39,909 posts)
6. This guy had a great solution during Campaign 2008:
Tue Apr 7, 2015, 08:24 PM
Apr 2015


Unfortunately, Raising-the-Cap (the logical approach) was thrown out on Day 1 of the Obama Administration,
and you can only hear whispers of that approach from the Progressive Caucus these days.

appalachiablue

(41,184 posts)
8. The Simpson-Bowels Cat Food Commission sent out by the WH to promote the Chained CPI
Tue Apr 7, 2015, 08:45 PM
Apr 2015

(benefit cut) in 2012 did a lot of damage by persuading people that there's a SS crisis. But the two commissioners were able to add to their retirement plan, from the speaking fees they received on tour.

Sunlei

(22,651 posts)
14. The basis of ss is to keep a person (who paid in) out of poverty, it has to be raised.
Wed Apr 8, 2015, 05:33 AM
Apr 2015

The cap should be about doubled IMO. There is a cap on the benefit paid out = to the maximum paid in.

I do not agree with an unlimited payin amount because then we would have some wealthy who will get huge ss checks. That would change the solvent account to insolvent overnight.

A change I would like to see is no more 'guaranteed checks' for extremely wealthy persons, like the romneys and the kochs. If they go broke, and poverty is an issue then start to issue their checks.

 

geek tragedy

(68,868 posts)
16. At that point it becomes a welfare plan instead of a retirement fund.
Wed Apr 8, 2015, 08:12 AM
Apr 2015

There's a real question as to its popularity would continue if it were seen as a program for poor people as opposes to something everyone pays into for their own retirement.

 

yeoman6987

(14,449 posts)
28. That's why I'd like the cap to raise to 250k
Wed Apr 8, 2015, 11:54 PM
Apr 2015

That way it stays solvent for a good long time and it won't go into that welfare possibility. Also put Social Security back to 65.

 

Bluenorthwest

(45,319 posts)
18. No, the purpose of Social Security as stated by SSA is not 'to keep people out of poverty' but
Wed Apr 8, 2015, 10:15 AM
Apr 2015

to provide for the material needs of beneficiaries. Nothing in the language of the law suggests that the system should be tailored around merely preventing poverty, it is to provide for material needs. The more affluent and progressive a society becomes, the notion of that which are 'material needs' expands, and language such as that which exists supports any level of benefit which is financially possible and considered to be caring for material needs. If the language actually said 'to keep people out of poverty' then expanding the benefits to be inclusive of a more liberal idea of what is a 'need' would be impossible, and frankly right now the average Social Security benefit keeps one person out of poverty according to the standards used for poverty.

If I agree to see to your material needs, definitions are required as to what 'material needs' mean in this context. If I agree to pay you enough to keep you out of poverty, a definition exists already, it will be much less than you think you have material need for and that's why the SSA language is better and more progressive than the rhetoric about keeping people above a basic poverty level.

Sunlei

(22,651 posts)
20. ss does keep about 20% just above federal poverty lvl. Anyway, Ds should push for the 'moon & stars'
Wed Apr 8, 2015, 11:14 AM
Apr 2015

set the bar very high. That way Rs have something to chip and tear away and barter their riders over.

Perhaps Congress will adjust the 'Federal' poverty level number up and the Federal minimum wage up this century.

former9thward

(32,106 posts)
23. Where does "provide for the material needs of beneficiaries" come from?
Wed Apr 8, 2015, 07:03 PM
Apr 2015
The Social Security Act (Act of August 14, 1935) [H. R. 7260]

An act to provide for the general welfare by establishing a system of Federal old-age benefits, and by enabling the several States to make more adequate provision for aged persons, blind persons, dependent and crippled children, maternal and child welfare, public health, and the administration of their unemployment compensation laws; to establish a Social Security Board; to raise revenue; and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,


http://www.ssa.gov/history/35act.html#PREAMBLE
 

Bluenorthwest

(45,319 posts)
17. I once voted for a Senator from Illinois to be President in part becuase he had good ideas about
Wed Apr 8, 2015, 09:56 AM
Apr 2015

the cap on Social Security withholding coupled with the very good idea of eliminating the income tax burden for Social Security beneficiaries making under 50K a year.

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