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Lonestarblue

(12,954 posts)
3. Commenters for this Times article skewered the writers, and deservedly so.
Wed Nov 1, 2023, 04:48 PM
Nov 2023

As just one example, their view that workers should not collect SS until age 77 totally ignored that the new average life expectancy in the US is age 76. So pay into a plan all your life and get nothing. SS is easily fixed simply by raising the earnings cap. I would actually like to see graduated earning caps so that CEOs are forced to pay a bit more of their $30 million salaries.

I saw an article today where Republicans are now claiming that SS is fueling the debt. It is not because it pays its own way, but they will lie and lie and lie. At one time SS was not included in the federal budget because it is income taxes that pay for the government’s operation. Congress put it in the budget because its excess of income over outgo masks the extent of deficit spending elsewhere. We need to remove it once more and have an honest budget. SS is merely a return to recipients of money paid in over a lifetime of work. It should not be cut so billionaires can have a tax cut!

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