Relevant and even prescient commentary on news, politics and the economy.

About Medicare and the Costs of It

Everybody talks about Medicare, Medicare4All, Medicare Advantage. Few talk about costs or what Medicare consists of for those who qualify for it. How can someone be in favor of Medicare4All, if you do not understand what regular Medicare consists and what it costs. I am guessing most people believe it would be free. What if […]

Condorcet and Malthusian essay relevant to Social Security and the problem of too much kindness

by Dale Coberly Condorcet and Malthusian essay relevant to Social Security and the problem of too much kindness [note, important sentences in the following are quoted from another author because it’s easier for me to write that way.  Credit will be given at the end of the article.] Goetzman: “In 1794 as the Reign of Terror raged […]

Social Security Trustees Report Out … CRFB Lies About It

by Dale Coberly (Dale has been posting on AB on Social Security for over 12 years…some of his work and Bruce Webb’s can be found under our new category Social Security) Social Security Trustees Report OutCRFB Lies About It When is a not-a-lie really a lie? When the liar gives you a part of “true information” […]

Social Security Trustees Update 2020 Report To Include Effects of Covid Recession

Reader and poster Dale Coberly updating Angry Bear readers on recent Social Security findings in the 2020 report. Reader Bruce Krasting had alerted Angry Bear to the publication by the Social Security Trustees of a “revised baseline” that includes effects of the Covid recession on their projections otherwise from the 2020 Trustees Report. “Updated Baseline […]

There Will Be No Postponing Social Security Taxes

There Will Be No Postponing Social Security Taxes  Among the items that President Trump issued an “executive action” about three weeks ago was that for people earning less than around $104.000 per year, their fica taxes were to be postponed until Jan. 1, not cut, merely postponed, although Trump made noises that if he is […]

CORONA VIRUS AND SOCIAL SECURITY, ANOTHER GRAND BARGAIN?

by Dale Coberly; CORONA VIRUS AND SOCIAL SECURITY, ANOTHER GRAND BARGAIN? Republicans are showing what they are made of. After claiming that the Corona Virus was not serious, or was well contained, or was Democrat fake news; they are now admitting it is serious and calling it a Chinese virus. Fox News explained to a reporter […]

CRS: Social Security: What Would Happen If the Trust Funds Ran Out?

(Dan here…reposted due to discussion in a previous thread) CRS: Social Security: What Would Happen If the Trust Funds Ran Out? Bruce Webb | July 21, 2015 Very interesting paper that I missed in real time. Social Security: What Would Happen If the Trust Funds Ran Out? Almost everyone who addresses this question assumes that the answer […]