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

“Less than 1 percent of Social Security payments are improper”

Yet, Musk and Trump would have us believe Social Security is ripe with waste and fraudulent payments to undeserving recipients. I would not say Musk is ignorant as he knows exactly what he is doing in an attempt to turn people against programs which benefit them. As Dale Coberly and Nancy Altman would tell you, […]

President Musk is coming for Social Security

Candidate Donald Trump promised not to touch Social Security if elected. But President Musk made no such promise, and is already spouting the usual lies to justify cutting Social Security benefits and privatizing the program: “The billionaire argued Friday on “The Joe Rogan Experience” podcast that the United States government is “one big pyramid scheme” […]

They’re coming for Social Security

“Before President Donald Trump started mass layoffs of federal workers, he demonized them, arguing, despite evidence to the contrary, that most never went into the office. “As he moved to cut foreign aid, he and Elon Musk alleged widespread waste and abuse, although they offered little evidence to back up their claims and may simply […]

US population continues to grow

If current trends and policy continue, the Social Security Trust fund will be exhausted in the early 2030s and payments will drop by about 22%. If Trump has his way and income taxes are lifted on SS payments, the Trust Fund will be exhausted a year or two earlier and payments are projected to drop […]

The Trump-Muskrat plot to kill Social Security

The Trump-Muskrat plot to kill Social Security, Robert Reich Sorry to intrude on your inbox for a second time today, but Elon Musk has revealed the truth about what he plans to do with his so-called Department of Government Efficiency (DOGE): Gut Social Security and Medicare. Musk retweeted a series of posts by Utah’s Republican […]

Social Security and Medicare Changes in 2025

Social Security adjustments are coming up starting January 2025. As if typical the increase in payment did not keep up with inflation last year. If you have not been keeping track of forth coming Social Security changes in 2025, here they are: Starting in 2025, Medicare Part B premiums will increase from $174.70 per month […]

Yes, they’re coming for Social Security

During his campaign, Donald Trump “promised” not to touch Social Security and to veto and law that modified the program. That “promise” is about to be tested. “Lee’s attack has four basic components. One is to bemoan the fact that Social Security is funded mostly by a tax, which he asserts the government can use […]