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| Source:Russia Today- is Thom Hartmann talking about Social Security or President Lyndon B. Johnson) |
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From Wikipedia
"How Republicans are cleverly turning social security into a soon to be phased out welfare program!"
From Russia Today
Why should millionaire and billionaires be collecting from Social Security, people who've done very well for themselves and can finance their own retirement? How can we call a pension insurance program (Social Security is, not a pension program) when we don't let everyone who pays into it, collect from it?
Social Security. when it only pays out for the people who actually need it, about 66% of the Federal poverty Rate (around 14K$ a year) save taxpayers money and keeps poverty down.
What we need to tell people and empower those who do need it, is that they need to plan and finance their own retirements. And the Social Security will still be there, especially for people who actually need it.
These two reforms alone would save both Social Security and Medicare and be a big help in the U.S. Government getting its debt and deficit under control and we can stop borrowing from countries that don't like us to fund our governmental operations. Including things like Unemployment Insurance that we've been doing in the Great Recession and Grocery Assistance.But these are just a few reforms that I would like to see in Social Security and our broader safety net.
I would actually like to end our safety net by phasing it out, but replacing it with something better, so no one who depends on these programs in order to survive gets hurt by my reforms but is actually helped by them.
I mentioned this several times already in a few other posts, but I would do this by first reforming the financing of them, as I've already mentioned. But them taking them off of the Federal and state budgets and turning them into independent, semi-private, non-profit, community services, all of them. The ones that already have their own revenue source would keep it but be reformed. Like Unemployment Insurance, Social Security, Medicare. (To use as examples)
The social insurance programs that don't have their own revenue sources, would get one. Like Welfare Insurance, Medicaid, Agriculture Insurance (to use as examples) and then they would all help the people who are eligible for them. Unemployment and Welfare Insurance would help the people who are on them get by but also put them to work so they can support themselves. (To use as examples)
I believe there's a faction of the country, people who I would call the Socialist-Left in America (like Thom Hartmann, for instance) believes that all social insurance programs should almost never if ever be reformed, because then they would have to admit that there's something wrong with them. That there are areas in the safety net that are actually not perfect and could work better than they already are. Except to give them more money and this is a big reason why they are so hard to reform.
I believe there's a faction of the country, people who I would call the Socialist-Left in America (like Thom Hartmann, for instance) believes that all social insurance programs should almost never if ever be reformed, because then they would have to admit that there's something wrong with them. That there are areas in the safety net that are actually not perfect and could work better than they already are. Except to give them more money and this is a big reason why they are so hard to reform.
