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Bravo Zulu Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-11-10 07:05 PM
Original message
Social Security Works!
Since President Franklin Roosevelt signed the Social Security Act at approximately 3:30pm on August 14, 1935, it has provided economic security for millions of Americans.

Currently, the Social Security Administration provides benefits to more than 52.5 million total beneficiaries including:

•9.7 million disabled persons under age 65 and dependent family members
•6.4 million survivors of deceased workers
•36.4 million retired workers and their families

By 2023, the surplus is estimated to grow to $4.3 trillion.

There is no Social Security crisis; Social Security works for America.

http://www.ourfuture.org/
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jody Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-11-10 07:33 PM
Response to Original message
1. Social Security was not meant to be the retirement program upon which so many rely. n/t
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tabatha Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-11-10 07:38 PM
Response to Reply #1
2. Yes, but since pay has flatlined since
Edited on Thu Mar-11-10 07:38 PM by tabatha
Reaganomics, many do not have the income to be able to save.
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jody Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-11-10 07:42 PM
Response to Reply #2
3. Agree "pay has flatlined" but if we want SS to become a retirement program, then we need to increase
the basic contribution from it's current 6.2% each for employee and employer.
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tabatha Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-11-10 10:33 PM
Response to Reply #3
4. Catch 22
Higher contributions are not feasible with flat wages.

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jody Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-12-10 09:10 AM
Response to Reply #4
5. Many agree society has a moral responsible to help the destitute but I'm not sure most agree that
society should provide a retirement income for those who have not provided for themselves.
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Dragonfli Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-12-10 09:40 AM
Response to Reply #5
6. You think SS is a handout? It isn't you know. You qualify only after paying into it /nt
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Dappleganger Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-12-10 09:41 AM
Response to Reply #6
7. +1000
The ignorance about what SS is for is astounding.
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jody Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-12-10 09:58 AM
Response to Reply #7
9. You can learn much about the original SS act by reading its history at:
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Mari333 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-12-10 09:45 AM
Response to Reply #6
8. +1000000000
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jody Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-12-10 10:27 AM
Response to Reply #6
10. You didn't understand the exchange between tabatha and I. Do you know that SS's Compassionate
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Daphne08 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-13-10 06:11 AM
Response to Reply #5
18. Oh, Dear.
:eyes:
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troubledamerican Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-13-10 01:26 AM
Response to Reply #1
16. Republican on DU
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kctim Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-12-10 10:39 AM
Response to Original message
11. Of course it works
it just doesn't work as it was intended, which prevents it from working as well as intended.
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laughingliberal Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-12-10 10:51 AM
Response to Original message
12. Social Security does work
The "Social Security crisis" is another propaganda campaign to start pushing for privatization again. Anyone who thinks that's a good idea after what we saw in 2008 has got to be nuts or they stand to profit off the scheme.

Before Social Security the #1 cause of death among the elderly was starvation.
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tabatha Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-12-10 11:49 AM
Response to Reply #12
13. Social Security was one of the best programs ever devised.
And it can be easily fixed by getting the rich to pay their fair share.
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laughingliberal Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-12-10 11:59 AM
Response to Reply #13
15. Yes and by demanding they restore the money they took out of payroll taxes
to fund their 'other priorities.'
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leftstreet Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-12-10 11:50 AM
Response to Original message
14. K&R
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Hannah Bell Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-13-10 01:39 AM
Response to Original message
17. k
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