Way to rally the base Turtle Neck! NY Times: No Social Security Raises Even if Medicare Soars WASHINGTON — The 60 million people on Social Security will not receive any cost-of-living increase in their benefits in 2016, the government said Thursday, but because of a quirk in federal law, nearly one-third of Medicare beneficiaries could […]
I have been working off and on, well mostly off because of ‘life’ and ‘laziness’, since 2010 on a project I modestly called the Social Security Defender. It is all built around a Google account and so has a Google+ page, a blog, an e-mail address and a Google Drive. Today I am going live […]
CEPR’s Dean Baker: Wage Growth Continues to be the Key to Social Security Solvency Dean Baker and colleague Mark Weisbrot have been making a steady case since their publication of the aptly named Social Security: the Phony Crisis back in 1999. In short Social Security does not face a structural demographic problem, instead it has […]
Table IV.B5.—Components of Summarized Income Rates and Cost Rates,Calendar Years 2015-89[As a percentage of taxable payroll]Lots of numbers here but the only ones want to focus on are those in the last column, those which show actuarial balances for each of the OAS and DI Trust Funds for for the next 25, 50 and 75 […]
Hmmm. I think I’ll just let people have fun figuring out what this all means. Hover over the image or double click and you should get legible version. Hint the meanings of ‘past’ ‘current’ and so ‘future participants’ might not mean exactly what they seem at first encounter. You can scroll to the text from […]
At 1:30 EDT the Trustees of Social Security will hold a media availability at which they will release the 2015 Social Security and Medicare Reports. If past practice holds the Reports will be released on line at or before that time in both a web (HTML) format and in PDF. Assuming past file name conventions […]
The basic reason is simple: it undercuts the broader progressive agenda. Also it buys into a particular Right economic meme. Both are huge mistakes. To understand this we need to step back and examine overall tax policy and tax progressivity. What should progressives want? Well I suggest that as a first step we restore top […]
The things we have in this country were given to us by God, not by government. — Perry: Government isn’t your savior, Nick Gass, Politico, today Social Security and Medicare were given to us by God? Who knew? The highway system, sewer and water systems, airports and air traffic control, operation of shipping ports, public […]
by Dale Coberly Social Security Works by Nancy Altman and Eric Kingson A friendly review from a different perspective. I have great respect for Altman and Kingson for the work they they have done writing this book. I disagree with their ultimate “fix” for Social Security (it ain’t broke), but I want you to read […]
Long time readers of Angry Bear will be familiar with the Northwest Plan for a Real Social Security Fix. It has been pushed here in a series of posts and in innumerable comments (mostly by Dale Coberly) since 2009 including this core post: NW Plan for a Real Social Security Fix Ver 2.0: 2009 Trigger. […]