UPDATE: CHAINY-CPI MUST BE STOPPED! RUBIN DEMS = PETERSON+KOCH GOP
Actuaries = Social Security’s trust fund can last until 2033 with no changes
Actuaries = Could pay roughly 80% of benefits after 2033
Actuaries = Lifting the cap on payroll taxes = Top earners pay SS taxes on all income = Eliminates ALL CONCERNS and ENDS funding gap.
Senator Bernie Sanders said it best: “There is a war going on in this country … the war waged by the wealthiest people in America on the disappearing and shrinking middle class of our country. The nation’s billionaires are on the warpath. They want more, more, more.
Obama = FINALLY DROPS RUBIN HAMILTON PROJECT Social Security Cut From Budget = BYE BYE FRAUDULENT CHAINY-CPI
GOP = “grand bargain” raise taxes on RICH = ROLFLMAO!
GOP CREATED THE MASSIVE DEBTS = 2 USELESS AND FAKED WARS + MASSIVE TAX CUTS FOR MULTI-NATIONAL BILLIONAIRES
DEMS = CUT GOP Annual Deficits from $1+Trillion to below $500 Billion.
Social Security SHOULD BE EXPANDED AND the FORMULA FOR CPI SHOULD BE CPI-E for ELDERLY COSTS.
“I applaud the President’s decision to exclude chained CPI from the 2015 budget,. We are facing a very real and growing retirement crisis in America, and cutting social security is the last thing we should do.”
— Senator Elizabeth Warren (D-MA) SAYS increase payments to retirees – difficult economic situations for many seniors
GOP = $9.9 TRILLION INCREASE IN NATIONAL DEBT = PURE GREED AND FRAUD FOR BILLIONAIRES!
ROFLMAO! But White House spokesman Josh Earnest said Thursday the chained CPI offer remains “on the table,” if not in the budget.
GOP = AGAINST CHAINY-CPI = FEAR OF LOSING ELECTIONS
“They’re working on it (CHAINY-CPI) as we speak…With the middle class struggling and more people living in poverty than ever before, we cannot afford to make life even more difficult for seniors and some of the most vulnerable people in America…with the president to support the needs of the elderly, the children, the sick and the poor.”
— Sen. Bernie Sanders (I-Vt.) One of the loudest critics of the chainy-CPI.
Social Security Works with Senator Bernie Sanders
Before Social Security MILLIONS OF ELDERLY SUFFERED ABJECT POVERTY!
50% of Seniors Lived in Poverty in 1935.
SO America built our Social Security system in 1935.
10% or less Seniors now live in Poverty in 2013.
Social Security = Most successful social program in our country’s history = 78 yrs
Plutocrats have been trying for 40+ YEARS to ROB and dismantle Social Security
Pete Peterson, Nixonian FRAUD has spend part of his SCAMMED $BILLIONS to PRIVATIZE AND END IT!
Expand Social Security = Recent cost of living adjustments (COLAs of 1.5% in 2013) have not been keeping up with seniors’ actual living expenses.
Intelligent members of Congress have introduced bills that would ask millionaires and billionaires to pay their fair share into Social Security at the same rate 98% of Americans do by removing or at least adjusting the CAP on FICA withholding of $113,700 in income.
Wall Street and GOP want SOCIAL SECURITY DESTROYED because it is too effective and make Wall Street look like an awful investment.
Social Security has $2.7 Trillion surplus Wall Street wants to ROB.
GOP wants more WalMart Greeters!
Here’s What Poverty Would Look Like If Social Security Didn’t Exist
SOCIAL SECURlTY DRAMATICALLY DECREASES POVERTY AMONG THE ELDERLY!
The blue line indicates per capita Social Security expenditure (in 2010 dollars), while the red line indicates the percentage of the population aged 65 or older with an income at or below the poverty line.
SOCIAL SECURITY PREVENTS POVERTY
“When you hear a Republican sneer “entitlement,” he or she is referring to Social Security and Medicare, for which people have paid 15% of their wages for their working lifetime. But when a Republican sneers, he or she is saying “welfare.” To the distorted mind of a Republican, Social Security and Medicare are undeserved welfare payments to people who over-consumed for a lifetime and did not save for their old age needs.”
— Paul Craig Roberts
PART OF THE GOP EMPIRE OF LIES – UNCOVERED!
Simple Solution = Remove the CAP on FICA and apply it to all kinds of Incomes.
WANT TO REDUCE THE NATIONAL DEBT?
Here is what needs to be done:
$32 TRlLLlON IS TAX DODGlNG BY MULTl-NATlONAL $BlLLlONAlRES HlDDING USING ROMNEY-STYLE CAYMAN SCAMS!
THAT IS AROUND $8 TO $11 TRILLION IN LOST TAX INCOME TO HELP THE MIDDLE CLASS!