going above and beyond
- Nov 17, 2006
Let's be clear about American politics and how convoluted it really is. You think attacks on social security is just a republican thing or something tied to this recent presidential campaign?
Obama Wanted to Cut Social Security. Then Bernie Sanders Happened.
Okay, lets get clear-eyed about the perils of Social Security. By comparison, captured from the above source information and cited below, on the Obama administration's position; is a far cry from what Paul Ryan and the republicans are seeking with "vouchers" and "privatization" of Social Security ...
"... The administration’s budget proposed using the so-called chained Consumer Price Index formula to calculate benefits instead, which would slow the rate of benefit increases in the future so as to reduce overall spending. Social Security Works estimated that under the chained CPI the average beneficiary who just started receiving benefits would receive a yearly benefit $653 lower after 10 years ..."
At the end of the day, I'd trust a democrat or an independent over any republican when it comes to managing Social Society.