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

Will Dean Baker’s Quiver Full of Solutions Stabilize Social Security?

Dean is on a roll here with propositions for the nation as it ages. Thoughtfully, I called it initially a Quiver of Arrows in Support of the economy and in the end Social Security. He is answering a question of what do we need to do to prepare for an aging population and lower replacement […]

Social Security Trustees’ Report Is Out So Is CRFB’s Analysis

Social Security Trustees’ Report Is Out So Is CRFB’s Analysis by Dale Coberly Look, I don’t like CRFB.  They claim to be the Committee for a Responsible Federal Budget (CRFB), but in the years I have been watching them they have looked more like the Committee to Cut Social Security. Today my inbox presented me […]

Millions Strike and Protest in France

“France Is Furious”: Anger Grows at Macron for Raising Retirement Age as Millions Strike and Protest (rsn.org), Democracy Now. This is what happens when you let “the government” (“rich” taxpayers of a “progressive” tax) pay for your Social Security.  American Social Security was created “worker paid” by FDR exactly to avoid this (“so no damn […]

Macron Bypasses Parliament With ‘Nuclear Option’ on Retirement Age Hike

Dale Coberly talking about the French President Macron forcing retirement reform and what could result if US Social Security is paid for by taxes on the rich in income. Macron Bypasses Parliament With ‘Nuclear Option’ on Retirement Age Hike, commondreams.org, Jessica Corbett [The following is copied from article cited in link, with some editing by […]

SOCIAL SECURITY CRFB LETS CAT OUT OF THE BAG, NO ONE NOTICES

Dale Coberly talking about reforming entitlements and the impact on Social Security . . . CRFB, “The Committee For a Responsible Federal Budget”, is an organization dedicated to reducing the National Debt or federal budget deficit, so it says.  But it seems to spend most of its time calling for  “reforming entitlements,” meaning “cut Social Security” which […]

Nancy Altman wants to Turn Social Security into Welfare for All

AB writer, commenter and Social Security expert, Dale Coberly provides a different take on whether “President Biden Should Direct the Social Security Administration to Stop Penalizing Marriage.” ~~~~~~~~ Nancy Altman wrote the following piece, which appeared in PROGRESS AMERICA, on December 16, 2022 as well as Common Dreams.  I thought it needed a response because […]

Nancy Altman Gets It Right About Social Security, Then Gets It Wrong

Dale Coberly: Commentary on an article by Nancy Altman that I read yesterday: “Senator Warnock’s Re-Election Is a Victory for Social Security,” Portside, Nancy J. Altman. Nancy Altman wrote a pretty good book about Social Security [The Battle For Social Security (2005)] which I recommend. It’s readable and tells a story better than I can. […]

Republicans Plan to Use Debt Limit Leverage to Cut Social Security and Medicare

Introduction: FFS Medicare Overhead costs are ~2%. Medicare Advantage overhead costs are far higher. The same can be said for commercial healthcare costs paid by insurance companies. Neither MA administered healthcare or commercial insurance plans can compete with FFS Medicare for costs and care. I will touch on a few reasons why on Medicare at […]

Biden vows to save Social Security and Medicare in face of shortfalls

Dale Coberly; USA Today Report of Biden Speech not as bad as it might have been. It still amounts to a lie by Misdirection. On September 27, USA TODAY published an article which AB suggested I review. “Biden vows to save Social Security and Medicare in face of shortfalls, but offers few details,” Maureen Groppe, […]

Did Biden Lie About Social Security or is Washington Post’s Fact Checker a Liar?

“Did Biden Lie About Social Security or is Washington Post’s Fact Checker a Damned Liar?“ Dale Coberly: Well. you won’t find out from me.  I only read about it third hand, and because the “fact checker” …Glenn Kessler….is behind a paywall you are going to have to find it for yourself. So, I don’t know […]