General Discussion
In reply to the discussion: The offer of the Chained CPI is a 'Brilliant Strategy'! Could someone explain this please? [View all]sabrina 1
(62,325 posts)will always need to be protected, right now eg, a raise in the cap would extend its ability to pay out all of its obligations for several more decades and you have to wonder why this simply 'fix' is not even being discussed, it definitely is not in any immediate danger of not being able to meet its obligations even considering the worst scenario, high unemployment and a bad economy.
This is why people are so amazed that it is once again being brought into a debate about a problem that it had nothing to do with creating. And raises suspicions that every time the Fed Govt gets into trouble it is used as an excuse for the anti-SS crowd to try to fool the people into agreeing to cut benefits and eventually privatize the fund.
It was never intended that SS would be tied to the Fed Budget and for good reason. The good news now is though, that people are way more informed about the program works making it far more difficult to fool them as we are seeing by the huge coalition of organizations that represent millions of people, letting politicians know that we are far more informed than they thought and they need to stop trying to deceive the people.