General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIt's all so petty & stupid. How we "fix" SS/Medicare in 2 easy steps
Deduct FICA/Medicare/SS from EVERY check/payment/transfer.. payroll,interest/dividend, whatever (corporations are people too)
NO CAP
RC
(25,592 posts)The problem is the lack of Living Wage Jobs to pay into Social Security/Medicare. Get our Living Wage Jobs back into this country and get our workers back to work.That will fix Social Security/Medicare.
Diddling with the symptoms seldom fixes anything.
1StrongBlackMan
(31,849 posts)that WILL fix SS/Medicare. A living wage will not eliminate the need for either.
RC
(25,592 posts)Even if you have 2 or 3 of'em. Low wage jobs that is.
Social Security and Medicare were fine until our unemployment went up to10%+, when they were shipping our Living Wage jobs overseas.
The official unemployment was 10%. That's a cooked number. The real employment unemployment rate was actually over twice that and even over 50% in some areas of the country. Most of those were Living Wage Jobs. Manufacturing jobs. The rest came from the ripple effect of businesses cutting closing because their customer base was now out of work and didn't have the money to spend.
So of course what was being paid into Social Security and Medicare took a nose dive, when those jobs went overseas. That is when the Republicans started with their bull shit of Social Security being in trouble and it could be fixed by cutting benefits and raising the retirement age. That is what the Republicans want you to think.
They made it that way, so they could "fix" it. But the truth is Social Security is good for another 30 years or so. You know that trillion dollar surplus? There is plenty of time for economic recovery. Social Security does not really need to be fixed now.
If our business are hurting because their former costumers don't have the money to spend anymore, doesn't is stand to reason the Social Security, whose tax is dependent on the pay of those people, would also take a nose dive?
And don't forget to factor in the Baby Boomers. They have already been accounted for.
1StrongBlackMan
(31,849 posts)I realize that. I also realize that a wage of $45,000/year (the national median wage) will not eliminate the need for SS and Medicare in that person's retirement.
Which was my point.
dkf
(37,305 posts)Interesting.
I am advocating a WITHHOLDING format change..with the additional money withheld to be EARMARKED specifically for SS/Medicare/Medicaid
I would also like a 25cent per transaction applied to all Wall street /stock/investment trades.. not 25 PER cent.. 25 cents..
dkf
(37,305 posts)1StrongBlackMan
(31,849 posts)would generate far more money than is necessary.