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Why Expanding Social Security Is Crucial to Addressing Inequality in America in 2014


US Politics & Gov't  (tags: socialsecurity, politics, government, ethics, class divide, economy, americans )

Cal
- 288 days ago - alternet.org
The political pendulum is swinging away from Social Security cutters.



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Comments

John B. (173)
Thursday January 9, 2014, 7:59 pm
Thanks Cal for the link to the long but excellent article by Mr. Steve Rosenfeld. $1,290 will be what I'll get in 2014 so I'm the average it seems. Read and noted.
 

Past Member (0)
Friday January 10, 2014, 2:21 am
If you didn't put enough in, isn't it an entitlement?
 

Robert O. (12)
Friday January 10, 2014, 8:41 am
Thank you Cal.
 

Theodore Shayne (56)
Friday January 10, 2014, 9:50 am
Noted & posted
 

Michael A. (29)
Friday January 10, 2014, 11:27 am
Noted
 

Winn Adams (194)
Friday January 10, 2014, 12:33 pm
Noted
 

Roger Garin-michaud (68)
Friday January 10, 2014, 1:20 pm
noted, thanks
 

Lois Jordan (56)
Friday January 10, 2014, 3:13 pm
Noted. Thanks, Cal.
Along with pensions & retirement funds "taking a hit," the cost of living has gone up while wages & jobs stay flat. Funny how the stock market is once again over 16,000.....inching upwards again. So, why are most Americans struggling? Well, the "entitled" CEO's and banksters are taking their cream from the top and continuing to threaten employees with less wages & jobs. Overtime was decimated during the Bush Admin.....in case anyone forgot THAT.
We need to take the payroll cap off Social Security, so that those earning hundreds of thousands of dollars....millions of dollars....are paying on every penny they earn. The Social Security Trust Fund is NOT in trouble.....the Federal Reserve borrowed money from it to pay for the wars, and I don't think it's all been paid back yet. (Maybe someone has some specifics on this). Wall Street criminals are so greedy, they're just dying to get their hands on that fund so they can gamble it away, while making more millions for themselves in the process.
 

Katie D. (89)
Friday January 10, 2014, 10:19 pm
We need to Strengthen this for all! We all will be seniors!
Thank you
 

Philip Heinlein (472)
Saturday January 11, 2014, 2:20 pm
The biggest tax loophole is one that hardly anyone knows about. Social Security tax is capped at $106000. Any income over that amount is not taxed.

So the obvious solution to funding Social Security is to raise (or eliminate) that cap.
 
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