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Has Achieved Nirvana![]() |
I missed this. I have to say it's an extraordinary comment. | |||
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Has Achieved Nirvana![]() |
Snopes has more, including links to edited and full texts of Trump's remarks. https://www.snopes.com/fact-ch...ate-social-security/
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Has Achieved Nirvana![]() |
"Since Trump has publicly articulated an intention to eliminate payroll taxes, and he has not accompanied that with any proposal to replace the taxes as a source of Social Security funding, it is reasonable to argue that, as Social Security Works and Common Dreams did, Trump’s payroll tax proposals, as they stand, could effectively spell the end of Social Security." Yes, I said so. | |||
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Minor Deity![]() |
I too have been wanting to ask Ax what he meant by the remark PQ quoted above - hoping he sees this. (Ax??) I fear it means Ax believes senior recipients count on both as a kind of "frosting on the cake" bennie, and if so I sincerely hope he becomes disabused of that very erronous notion. As pique says SS is the primary source of support for most retirees. WTF (and probably Ax's RL cohort) are mostly a rarified bunch. It should merely suffice to recall our sadly MIA member, Susan, to get the idea. As exceptional as she is (ingenious, hard-working and of long-lived stock), she mentioned more than once that SS was ALL she had, and - if any of you yet know how Medicare plans work - her Medicare lacked a Medigap supplement. Ax, educate thyself about the US population's financial means! There are certainly enough stats online describing the desperately inadequate retirement savings of most Americans. If two-income families working full-time at low-level jobs can't even afford children or a house, how do you think they could have afforded to save for retirement apart from SS?
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Minor Deity![]() |
Re the RNC again (the last night), have been meaning to mention that a video - probably one of Trump's campaign ads - specifically bragged that Trump had "strengthened Social Security and Medicare". Wondering how this fits in with his recent "campaign promises" saying just the opposite. That's especially since it was one of his loudest last-night points. And repeated over and over, as a proud achievement - supposedly in contrast to any previous president. That Trump was THE ONLY PRESIDENT IN US HISTORYto keep all his campaign promises! (And that he'd do it again!) I certainly noticed there was NO mention at the convention, of Trump's eve-of-convention "promise" to do away with Medicare and Social Security. I guess if called on the discrepancy later, he could always just say he'd changed his mind! Meanwhile, it's "anything to get (re-)elected". ![]() ![]()
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Has Achieved Nirvana![]() |
Ax, I "know" you well enough to know you usually like to avoid "confrontation" and I respect you for it. But this was one of the most unusual posts I've read. I'm giving this thread a gentle bump in case you haven't seen Amanda's or my posts. Bump. | |||
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Minor Deity![]() |
Just came around to revisit this thread. I think pique, Amanda, Daniel, et al are saying A LOT of older folks rely on their Social Security benefits to get by, and it will be disastrous for them to lose these benefits. Without getting into quantifying “A LOT” and “disastrous,” I think I your characterization is true enough. Trump has signed that executive order for awhile now, maybe I missed it, but I don’t see senior advocacy groups (e.g., the AARP) get up in arms about it yet. It’s as if they don’t care about the funding sources getting compromised as long as no one says out loud that the benefits will be compromised. What am I missing?
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Has Achieved Nirvana![]() |
AARP's position:
https://www.aarp.org/politics-...xecutive-orders.html
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Has Achieved Nirvana![]() |
Percentage of people (by state) who rely on SS for more than 90 percent of income (2015 stats). https://www.aarp.org/ppi/info-...enefit-by-state.html
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Minor Deity![]() |
Thanks, wtg. But don't forget relying on SS for 90% of one's income, is an exceptionally high figure and the recipients are therefore fewer in number. Motley Fool reports the following in 2017 (moe recently than the previous figure. (italics mine)
at least 60% married retirees depend on SS for over half their monthly income, and over 70% of singles
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