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SoCalDem

(103,856 posts)

3. SS is fiscally sound.. The "controversy" is fake..

Reply to Rocky888 (Original post)

Fri Dec 21, 2012, 01:36 PM

Dec 2012

If anyone really wanted to make it MORE fiscally sound, all they need to do is to eliminate the "cap" and make ALL income subject to FICA/SS deductions.,,,,not just "paycheck" income from hourly workers.

Medicare is the issue because we are living longer, but even that can be addressed by using some of the "extra" that cap-removal would generate, and probably only until most Boomers are gone (not that many more years considering how many of us may go uninsured/untreated for that 50-65 gap when so many are unemployed and broke these days...)

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Highlight:

I have a question about social security [View all] Rocky888 Dec 2012 OP

I think a lot of us did that back in 1983 when St. Ronnie doubled the SS rates so we sinkingfeeling Dec 2012 #1

WHERE IS THIS MONEY? life long demo Dec 2012 #2

SS is fiscally sound.. The "controversy" is fake.. SoCalDem Dec 2012 #3

Social Security began as "social insurance" during the Great Depression and has morphed into jody Dec 2012 #4

If $5 is good, wouldn't $105 be better? leftstreet Dec 2012 #5