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

What was Experienced in 1970 and 2020 in almost the Same Area

 Kenneth Ackerman commenting on his experience in May 1970 in Washington DC. While he was there, I was out -of – country during that time period. When I returned stateside and assigned to 10th Marines, we were trained in riot control. JIC the students and protesters became too rowdy. We were never called out which […]

Trump’s Proposals Could Bankrupt a Vital and Popular Program Within Six Years

A bit of a rewrite of an article. The Social Security scandal Trump doesn’t want you to know about by James Downie MSNBC Something else Donald Trump doesn’t want you to know about and how it will impact you. This type of plan always comes out later and then everyone says; “well if I had […]

Medicare Doctor Payment System is Not Keeping Up with Inflation

There is a story here somewhere, I have to look at it a bit closer in what Medicare is doing. As you can see expenditures in the US are double or more than what occurs in other countries. Yet, the US life expectancy is less than other countries. It appears there is a cut which […]

50 Years In, Most SSI Recipients Live in Poverty. That is a Policy Choice . . .

by Stephen Nuñez Roosevelt Institute Excellent piece by Stephen Nuñez on SSI and it not adjusting or growing with the changes in economic needs from 50 years ago. Indeed, for the few dollars given out, SSI appears to penalize people rather than assist them. It is ripe for a change to be more supportive of […]

Trillions in Taxes Dodged by Ultra-Rich Could Fund the Social Security Trust Fund

Without a doubt, there are simpler ways to resolve the funding of Social Security going beyond 2035. Bruce Webb, Dale Coberly, and Angry Bear have discussed the topic enough times. They have also been verbally attacked by others for suggesting the Northwest Plan is a way to secure Social Security up till 2100 or close […]

Eliminating taxes on Social Security is a bad idea

Normally, a sentence that begins “Donald Trump says . . . “ is not worth finishing, and that’s how a recent blog post over at jabberwocking.com begins. But finish it I did, and it turns out that DJT says he wants to eliminate all federal income taxes on Social Security. Currently, if SS is your […]

Bernie is wrong on Social Security

I like Bernie Sanders for many reasons, but this isn’t one of them: “As a result of those challenges, Sanders wants to see more Democrats vocally get behind measures like . . . removing the cap on Social Security taxation so the wealthy pay a full share of their income into the program.” This is […]

EIGHT WAYS TO FIX SOCIAL SECURITY

NOW THAT IT’S TOO LATE, “to do it the easy way.” Dale Coberly . . . Notes on possible fixes after reaching “short range financial inadequacy.” The Social Security Trust Fund is projected to run out of money by 2033. Possible fixes to fix the short fall in the Social Security Trust Fund. first possible […]

Raising the Social Security Payroll tax 1/2 of 1% for People and Companies

Dale Coberly presents another methodology to save Social Security without cutting benefits to the elderly. Any of these will work and does not involve taxing the rich which could result in a reversal with each new administration. It is incremental and small portions of a dollar or two on a weekly basis. And it still […]