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 […]
by Dale Coberly A few years ago, now getting to be many years ago, I solved a crime. Not because I was a Great Detective, but because I happened to be standing across the street where I saw it committed and took the number of the getaway car. Since then I have tried to tell […]
Connecticut Representative John Larson Proposes Plan To Destroy Social Security In Order To Save It, by Dale Coberly Connecticut Congressman John Larson introduces H. R. 860, Social Security 2100 Act which will cuts taxes, strengthen benefits, prevents anyone from retiring into poverty, and ensure Social Security remains strong for generations. larson.house.gov It sounds good, but […]
by Dale Coberly The bad news is that we have slipped past the day when we could have saved Social Security from ever reporting “short term actuarial insolvency” by raising the payroll tax one tenth of one percent per year (about a dollar per week). This is only sorta bad because it doesn’t really matter […]
(Dan here…Social Security is an issue that seems to generate a lot of firm beliefs and passion, as witness recent threads. It is rare that people refer to actuary material. On the other sides of the issue are people like Andrew Biggs, who is knowledgeable and smart in his arguments. I am posting this as […]
by Dale Coberly SOCIAL SECURITY TRUSTEES REPORT OUT TODAYor was it yesterday? Ho Hum. The 2019 Social Security Trustees Report was released yesterday. The Committee for a Responsible Federal Budget published its usual half truths (also known as “lies”):. “We are all going to die!” The Reporters and Columnists Who Cover Them ™ reported the […]
by Dale Coberly SOCIAL SECURITY TRUSTEES REPORT: There is yet time, brother. But not much. The Social Security Trustees have issued their annual report. It is not much changed from last year. In fact it is a little better. Last year’s Report projected that by this year Social Security would have reached “short term financial inadequacy.” […]
(Dan here…Social Security is an issue that seems to generate a lot of firm beliefs and passion, as witness recent threads. It is rare that people refer to actuary material. On the other sides of the issue are people like Andrew Biggs, who is knowledgeable and smart in his arguments. I am posting this as […]
by Dale Coberly SOCIAL SECURITY AT BERNIESTOCK Last Sunday I gave a very short talk about Social Security at a political rally and outdoor party called Berniestock in Lebanon, Oregon. It was not a venue conducive to detailed explanations or suggesting ways people could try to tell what was true from what was pretending to […]
by Dale Coberly FIX THE DEBT WANTS TO SAVE SOCIAL SECURITY BUT WHY? I received an email a few days ago from Chris Dreibelbis, Fix the Debt, purporting to explain “why the Social Security Trustees urge action.” “Fix the Debt” is a project of the Committee for a Responsible Federal Budget (CRFB) which is funded […]