The trustees say social security will not be able to fund itself by 2036. When should we talk about

[RB TexLa]

it?

4 votes, 0 passes | Time left: Unlimited
	Sometime around 2026
	0 (0%)
	Sometime around 2031
	2 (50%)
	Sometime around 2035
	2 (50%)
	Never! Never, Ever discuss it!
	0 (0%)
	0 DU members did not wish to select any of the options provided.
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[MannyGoldstein]

1. The Trustees are totally full of shit

To give you an idea... Geithner is the head of the Trustees.

The 2036 number is based on the assumption that our economy never gets better again. If the economy even partially recovers, then Social Security is fine for as many years as has been studied (75 years).

And if the worst did happen, and the economy never recovers, and Social Security can only fund 80% of payments starting in 24 years? Making up the difference will cost less, per year, than the Bush tax cuts for the wealthy.

The wealthiest Americans used to pay taxes at three times the rate they pay now - and the economy was fantastic for decades. Time to do the right thing here.

[HiPointDem]

8. Everyone should know that: Tim Geithner is head of the Trustees.

and everyone should know that timmy is connected to finance capital big-time. it runs in the family so to speak.

[MannyGoldstein]

12. He wants the $2.5 trillion (and growing) Trust Fund for the Big Boys nt

[Loudly]

2. We can talk about eliminating the wage ceiling on FICA and self employment tax right now.

[forestpath]

4. +1

[Luminous Animal]

6. Self emplyment tax? Where does that fit in?

I've seen nothing about eliminating the self-employment tax.

[Loudly]

7. Not eliminating the tax. Eliminating the wage ceiling to which the tax presently applies.

The self-employment income ceiling I mean.

[Luminous Animal]

11. Ah, got it!

[Mojorabbit]

14. +1000 nt

[Lugnut]

16. + infinity! n/t

[teddy51]

3. Who are the trustee's?

[MannyGoldstein]

5. Timmy Geithner, et al

http://www.ssa.gov/oact/tr/trustees.html

[William769]

9. The trustees are full of shit!

Don't drink the kool-aid.

[RB TexLa]

10. They and every other reputable organization that has said the same thing aren't

"full of shit," perhaps you might put your koolaid down.

[William769]

13. And who are these reputable oganizations?

Paul Ryan? Thats the tune he's singing. The republican Party? Thats the tune they are singing. Come on! Inquiring minds want to Know!

[TheKentuckian]

15. When we can pass legislation to fund it.

Otherwise, they can take the unmet portion (when and if those projections come to fruition, which would mean we are way fucked anyway) from the general fund and raise taxes on the fuckers with all the money at that point.