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Category Archives: Social Security
People Have to Like This Crap: The Senior Edition
While Democrats gnash their teeth (not very good for the teeth!) and wail about how seniors–well, white ones anyway–are a staunchly Republican cohort, it appears some of them might not just be old, mean, and crotchety (or bigoted), though surely … Continue reading
Posted in Democrats, Fucking Morons, Social Security
3 Comments
(Some) Democrats Are Also the Reason Why We Can’t Have Nice Things
Commandante Atrios comments on another failed attempt by the Obama administration to cut Social Security benefits (the chained CPI–indexing; boldface mine): I’m not totally unfamiliar with various people in the White House. As Brian Beutler writes One of the White … Continue reading
Posted in Democrats, Fucking Morons, Social Security
8 Comments
Sen. Warren Is Doing a Good Job But…
…regarding Social Security, I think she needs to change her tune a little. Sen. Warren (boldface mine): Last week, the president and vice-president of the centrist think-tank Third Way accused Sen. Elizabeth Warren (D-Mass.) of ignoring what they call Social … Continue reading
Posted in Democrats, Social Security
4 Comments
The Fundamental Divide Within the Democratic Party
Unlike many in punditocracy, I am far less sanguine about the Democrats’ prospects in 2016. Why? Because, as Michael Lind notes, there is a fundamental, unresolved divide in the Democratic Party (boldface mine): Unlike the Roosevelt Democrats of the New … Continue reading
Posted in Boston, Democrats, Social Security, Unions
5 Comments
What Chained CPI Really Means
Yves Smith (boldface mine): To put it more bluntly, no one is willing to talk about the fact that Social Security and Medicare cuts equal having old people die faster and that the proposals to do that are indirect and … Continue reading
Posted in Basic Human Decency, Social Security
Comments Off on What Chained CPI Really Means
Social Security and the CPI Cuts: A Solution to a Bogus Non-Crisis
Very few scientists or science writers are so wealthy that they can ignore what happens to Social Security, so you might want to read this. Once again, despite its immense unpopularity, our political betters including some Democrats and the Obama … Continue reading
Posted in Conservatives, Democrats, Fucking Morons, Social Security
3 Comments
Social Security and Medicare Are DOOMED! Or Maybe Not
Last week, the Social Security and Medicare Trustees reports were released. As many have noted, the two funds are predicted to have pay out more than their dedicated taxes raise in about two decades. Same as it ever was. Regular … Continue reading
Posted in Economics, Healthcare, Social Security
1 Comment
Almost Two-Thirds of Your 401(k) Will Wind Up in Wall Street’s Pockets
We’ve discussed many times before how the 401(k) retirement system is a scam, but, if you don’t believe me, how about some basic arithmetic for ya–it’s the ‘management fees’ that fleece you (boldface mine): Pull up a compounding calculator on … Continue reading
Posted in Bidness, Social Security
6 Comments
I Would Like to Thank Obsessive Republicans for Saving Social Security From Obama
History repeats itself, first as tragedy, second as farce. Then it winds up on TMZ. Or something. With whispers of impeachment in the air, things are starting to resemble the Clinton era a little bit. What many forgot (or never … Continue reading
Posted in Conservatives, Fucking Morons, Social Security
1 Comment
The Grand Bargain Betrayal: Obama Lied to Rank-and-File Democrats on a Core Issue
I’m not naive about politicians. They will typically attempt to have their cake and eat it too on most issues. They will make ‘committed non-committals’ to leave themselves to maneuver. But a cardinal rule of politics is that when you … Continue reading
Posted in Democrats, Social Security
3 Comments
