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Jackpine Radical (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 11:20 AM Original message |
Obama says the fix for SocSec is "easy--" just eliminate the cap |
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Gold Metal Flake (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 11:22 AM Response to Original message |
1. Could you link to Obama's statement? |
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Jackpine Radical (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 11:26 AM Response to Reply #1 |
2. I picked it up on another thread around here somewhere. |
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Gold Metal Flake (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 11:28 AM Response to Reply #2 |
3. Well, then, it's BS. |
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originalpckelly (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 11:37 AM Response to Reply #3 |
4. I think he did say something about it. |
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NYC_SKP (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 11:37 AM Response to Reply #3 |
5. You're kidding, right? Please say you're just kidding. |
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Gold Metal Flake (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 12:00 PM Response to Reply #5 |
9. I'll ignore the snark in your thread title... |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 01:33 PM Response to Reply #5 |
16. the cap for 2009 is $106,000. it was 102K in 08, 97K in '07. it goes up automatically with wages. |
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NYC_SKP (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 11:41 AM Response to Original message |
6. Raising the cap is an excellent solution, and easy to implement. |
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MajorChode (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 12:31 PM Response to Reply #6 |
14. Hillary was right |
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Fireweed247 (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 03:36 PM Response to Reply #6 |
21. She thinks teachers make $100,000 |
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Belial (503 posts) Send PM | Profile | Ignore | Wed Jan-21-09 09:29 PM Response to Reply #21 |
37. Less people paying in.. |
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October (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 09:38 PM Response to Reply #21 |
39. Some areas pay their teachers more than pilots |
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October (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 09:33 PM Response to Reply #6 |
38. People in the NYC area (part of her district) would be middle class at $100K |
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slackmaster (1000+ posts) Send PM | Profile | Ignore | Thu Jan-22-09 07:57 PM Response to Reply #6 |
52. It gets raised every year, indexed to some kind of wage index |
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lumberjack_jeff (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 11:47 AM Response to Original message |
7. It IS easy. Do exactly as he promised during the primaries. |
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DemBones DemBones (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 11:56 AM Response to Reply #7 |
8. Obama was also quoted in an LBN thread a few days ago as saying he |
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Gold Metal Flake (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 12:02 PM Response to Reply #8 |
10. I think we now know precious little about Obama's Social Security plans. |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 09:45 PM Response to Reply #7 |
41. 2017 is the most recent prediction of when tax revenues will fall short of expenses, & 2041 |
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lumberjack_jeff (1000+ posts) Send PM | Profile | Ignore | Thu Jan-22-09 07:58 AM Response to Reply #41 |
47. Thanks for the correction. I pulled 2014 from memory. |
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Tansy_Gold (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 12:16 PM Response to Original message |
11. Lift the cap already, or at least hike it substantially, and quit worrying |
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NYC_SKP (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 12:23 PM Response to Original message |
12. There's a shitstorm of medical costs for the elderly coming our way... |
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MajorChode (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 12:23 PM Response to Original message |
13. You can't do one without the other |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 02:05 PM Response to Reply #13 |
18. Benefits ARE capped. The maximum benefit is $2,323/mo, $27,876/yr. |
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MajorChode (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 03:11 PM Response to Reply #18 |
19. Benefits are only capped because FICA tax is capped |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 04:46 PM Response to Reply #19 |
25. i understand that, & now i see the point you wanted to make. |
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leeroysphitz (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 12:36 PM Response to Original message |
15. If the very rich would pay us a living wage along with adequate pensions we might not need S.S. |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 01:56 PM Response to Reply #15 |
17. that's the real issue. wages have been essentially flat for 30 years. |
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MajorChode (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 03:30 PM Response to Reply #17 |
20. Here is why your reasoning fails |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 05:41 PM Response to Reply #20 |
27. You adjusted $3000 for inflation, which misses the point. |
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MajorChode (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 07:55 PM Response to Reply #27 |
31. No, I didn't adjust $3000 for inflation |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 08:54 PM Response to Reply #31 |
35. If that's what you did, you still miss the boat. |
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MajorChode (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 09:43 PM Response to Reply #35 |
40. The key word here is "wages" |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 10:26 PM Response to Reply #40 |
42. Yet a bigger proportion of the population is working for wages than ever before, |
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MajorChode (1000+ posts) Send PM | Profile | Ignore | Thu Jan-22-09 07:46 PM Response to Reply #42 |
51. You can't look at the demographics that way |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Thu Jan-22-09 11:17 PM Response to Reply #51 |
54. Of course it was different. That's the point. A higher % of the population works than ever before, |
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Ganja Ninja (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 03:40 PM Response to Original message |
22. "it too presents the problem of building resentments among the very rich" |
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MajorChode (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 03:58 PM Response to Reply #22 |
24. They certainly don't |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 05:42 PM Response to Reply #22 |
29. "the very rich" don't, for the most part, pay FICA. & i'd be fine with that, |
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Romulox (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 03:44 PM Response to Original message |
23. The wealthy surely have a better PR department than the poor. |
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The Magistrate (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 04:51 PM Response to Original message |
26. Eliminate The F.I.C.A. Cap, Retaining Benefit Cap, Sir, Is My Favorite 'Tweak' Here |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 05:45 PM Response to Reply #26 |
30. yes, do that & 10 years down the road we can have a clintonesque "welfare reform". |
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MajorChode (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 08:01 PM Response to Reply #30 |
32. So you think those arguments have merit? |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 08:03 PM Response to Reply #32 |
33. um, welfare reform was enacted. |
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MajorChode (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 08:12 PM Response to Reply #33 |
34. So what is your point? |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 09:26 PM Response to Reply #34 |
36. um, they HAVE taken over. Welfare "reform" was a Democratic gift. |
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MajorChode (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 10:32 PM Response to Reply #36 |
43. Now the GOP is going the way of the Whigs and still you want to hand the reins to them |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 10:57 PM Response to Reply #43 |
45. Yes, it's a matter of who pays. Rescinding Bush's income tax cuts to the top 1% |
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MajorChode (1000+ posts) Send PM | Profile | Ignore | Thu Jan-22-09 05:19 AM Response to Reply #45 |
46. That's a step in the right direction but it doesn't go far enough |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Thu Jan-22-09 02:51 PM Response to Reply #46 |
48. not in its payout. if all income is taxed for ss, there's no need for a |
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MajorChode (1000+ posts) Send PM | Profile | Ignore | Thu Jan-22-09 07:06 PM Response to Reply #48 |
50. I would strongly advocate that |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Thu Jan-22-09 10:41 PM Response to Reply #50 |
53. no, it's not what currently happens, no matter how often you say so. |
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sammym3 (24 posts) Send PM | Profile | Ignore | Wed Jan-21-09 10:35 PM Response to Reply #26 |
44. I really like your idea about diverting capital gains taxes. |
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mmonk (1000+ posts) Send PM | Profile | Ignore | Wed Jan-21-09 05:42 PM Response to Original message |
28. Raising the cap is what I've been arguing for here. |
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mainer (1000+ posts) Send PM | Profile | Ignore | Thu Jan-22-09 03:09 PM Response to Original message |
49. Agree. And SS benefits should be taxed above a certain income. |
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Hekate (1000+ posts) Send PM | Profile | Ignore | Fri Jan-23-09 03:59 AM Response to Original message |
55. NO to means testing. That makes it "welfare" and too many object to their taxes being used that way |
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