The solution to social security is raising the cap, NOT getting rid of the COLA. If the

[still_one]

administration and the Democrats double talk that this is just a tweak, they are lying. It could cut up to 500 dollars a month off what someone receives from social security

From my perspective the Democratic party will be finished if they cave in on social security and medicare

and they should be

[IDoMath]

1. BY Cap you mean

The top income that pays into the System?

HELL YES.

[still_one]

3. of course

[closeupready]

2. They should just eliminate it altogether.

K&R

[hedgehog]

4. My husband and his brother were looking at an AARP interactive presentation

on how to save Social Security. My BIL was stunned to see what happened when the cap is eliminated! People have no concept of the concentration of income and wealth in this country!

http://www.aarp.org/content/dam/aarp/ws/strengthen-social-security-tool/html/main.html

[still_one]

5. That says everything. This should be sent to every person in Congress and the President

[FogerRox]

24. Why no create jobs option? Which means more FICA, or increase min wage? which means more FICA

25 million Americans would take a full time year round job if offered, thats a damned lot of FICA.

Paraphrasing FDR:

If we take nothing from capital we owe nothing to capital

[Egalitarian Thug]

6. The vultures see that $3T and will not rest until they get hold of it. n/t

& R

[Vincardog]

7. I say eliminate the cap and turn the $3T into $9T then triple the payout and lower the age

[Bluenorthwest]

8. Seems we have both major Parties in self destruct mode.

Two in one cycle is huge. If they do this, the Party is done. Done. Done.

[reteachinwi]

9. Capital gains and "carried interest"

should pay FICA taxes as well.

[n2doc]

10. all sources of income should be treated the same

Screw this crap about how capital gains 'fuel investment'. They just fuel Rmoney's offshore bank accounts.

[reteachinwi]

11. wages vs capital gains

Capital gains are not earned. They are stolen by market manipulators like hedge funds and banks. Tax 'em.

[sabrina 1]

12. True, but SS is fine, it needs no adjusting for several years. So, why is it still on

the 'Deficit Table' since it had nothing to do with the Deficit?

[Blaukraut]

13. To satisfy the innate sadism of the republicans in congress

They want to see the little people bleed as much, if not more, than their precious wealthy buddies.

[sabrina 1]

14. But what's wrong with Democrats who should get a real kick out of telling them

'no, sadists, you don't get to do this. We won, the people have spoken, forget SS, come up with a compromise or we are more than willing to go over the phony Fiscal Cliff and then blame you all for it'.

The truth is it is NOT just Republicans and the sooner we acknowledge that the sooner we can get rid of the Dinos in our Party and build it back into a party that will FIGHT for the people.

No one is fooled anymore with the 'blame the Blue Dogs (we got rid of most them since we were told they were the problem) or 'blame the Republicans'. No more, we helped them win, now either they use the power we gave and stop the excuses or, as the huge Progressive/Union Coalition has said, 'there will be hell to pay'.

[limpyhobbler]

20. Right.

Why are they talking about it at all during the fiscal cliff fake emergency?

Wall Street banks are driving that part of the agenda I think. They hate the idea of a public retirement plan. They would rather see that money coming from people's paychecks straight into their investment funds. They will push anything to cut or weaken Social Security, just to try to get more money for themselves.

[KoKo]

15. Recommend!

[Morganfleeman]

16. Social security is set up

As a payment related retirement program not a welfare program. If you lift the cap on social security you also pay out higher benefits to the wealthy. Raising the cap is not the panacea it appears to be unless you means test. And I and many others have an issue with means testing.

[Cleita]

18. Oh dear look what just floated in from the Heritage Foundation.

You can't means test Social Security. It's retirement insurance that everyone pays into and everyone collects from when they retire. Would you want your life insurance, fire insurance, health insurance, or any insurance you had faithfully paid into means tested when you need it because you earn too much?

Thanks for those talking points that were debunked a long time ago.

[FogerRox]

22. What are you talking about?

If we remove the income cap, there will be a few monthly checks around 12-14k. If we then cap benefits to the approximately $2,500 a month the max benefits are today, we just means tested.

Why not label someone as from the Heritage Foundation and then prove you lack a handle on the subject............

[Cleita]

27. My dear all your ideas come from the Heritage Foundation and the American Enterprise Institute

before them. They love mean's testing and it doesn't work. Surely, if you don't know that, the people you get that information from get it from them, all half-baked Freidman economics that have proved unworkable everywhere in the world they have been tried. This once richest country in the world is descending into a third world country because of those economic policies from the last three decades and now you want to destroy the things that still work from the New Deal with more ideas from those think tanks and I use the word think loosely when describing them.

Shed those awful ideas and come into the light of Keynesian economics. Social Security works fine the way it is. Don't fix what's not broken and it has nothing to do with the deficit. Since your last post really makes little sense, I think you really don't know what mean's testing is.

[FogerRox]

28. Are you actually reading the other comments before you comment?

[FogerRox]

29. Please re read Morganfleeman comment, its a hypothetical comment

and its quite accurate.

Morganfleeman's comment accurately describes a means test, check your favorite dictionary.

[Cleita]

30. Roger Fox. Could you be more obvious?n/t

[Liberal In Texas]

21. Lifting the cap would more than pay for any small increases the wealthy (2%) would experience

and guarantee SS solvency probably forever.

[FogerRox]

23. Creatring lots of jobs means more FICA, and SS is good thru 2090. As per the SS trustees

low cost report.

And turning a $2,500 monthly check into a 12 or 14k check is a small increase?

[Cleita]

31. You are really obvious too.

I will waste some time with you to also say please go home and learn some grammar.

[Cleita]

17. Of course it is but you are making too much sense.n/t

[UCmeNdc]

19. Raise the cap on SS!

[bluestate10]

25. I agree that the best solution is raising the cap. I am one person that caps out during the

year and don't pay in for several months, that situation is insane. Because I set my lifestyle choices based upon income during the first 2-3 months of the year, I don't need the extra money that comes in when I cap out, it does nothing for me, I would rather see the money go toward shoring up Social Security.

[Cleita]

32. I am remembering you bluestate10.

Poor people, old, disabled, returning vets need to know that people like you who aren't hurting, have their back to help them a little. Nobody that I know wants a free ride, just a little cushion to carry on.

[global1]

26. I Posted This Thread A Long Time Ago In The Old DU It Was About Mounting A "Raise The Cap" Campaign.

Here's the link:

http://election.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x1818709

I still think a tv commercial - or a 'you tube' clip that can go viral - with pics of all sorts of people 'raising or lifting' their caps - would be a very poignant way of the American People voicing their support for 'raising or lifting the cap' to solidify "Social Security".