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In reply to the discussion: If an increase in minimum wage sounds good, would a minimum pension sound good also? [View all]Jackpine Radical
(45,274 posts)3. That particular idea, regardless of its source,
is an excellent one. Poverty among the elderly has been an age-old problem (no pun intended, of course), only partly ameliorated by SS, and grossly intensified by the demise of the old defined-benefit retirement plans.
Combine it with a guaranteed minimum income and universal health care, and you would alleviate one helluva lot of misery in our society.
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If an increase in minimum wage sounds good, would a minimum pension sound good also? [View all]
Thinkingabout
May 2015
OP
They are proposing reforming the Social Security so it goes past 2036, no this is separate.
Thinkingabout
May 2015
#7
I have a pension, Social Security, that is supposed to keep up with the cost of living,
Cleita
May 2015
#9
With the low wages it would be hard for our younger generations to amass enough money to put
Thinkingabout
May 2015
#12
Actually, it's hard anyway, even if you get a living wage, unless you were born with a trust fund.
Cleita
May 2015
#16
Interest rates is not going to even keep up with the times. At one time it looked good but the
Thinkingabout
May 2015
#26
How about letting the Gov't step in & divert a couple of F-35s into benefits for the elderly?
Jackpine Radical
May 2015
#39
I am not against halting wasteful spending on programs and I know we have to help ourselves also.
Thinkingabout
May 2015
#41
Now come on, BTW they are for minimum wage increases, guess this matches up with our candidates also
Thinkingabout
May 2015
#11
They are proposing to reform Social Security also, the minimum pension would be in addtion.
Thinkingabout
May 2015
#19
Not much, just improving it for the 21st century. It actually has worked fine for the 70+
Cleita
May 2015
#22
I don't see the current candidates proposing this, maybe they should jump on board with minimun
Thinkingabout
May 2015
#23
Bernie Sanders is. He wants to raise it across the board and raise the cap to pay for it. eom
Cleita
May 2015
#25
I saw where he wants to raise the cap for social security but not a minimum pension, this would be
Thinkingabout
May 2015
#27
Other pensions are private and would have little to do with the government other
Cleita
May 2015
#30
I know about pensions, how many people do you know is working for a company ho still has a pension?
Thinkingabout
May 2015
#40
SS is "a minimum pension". But Wall Street can't rake billions off the top so they hate it.
Warren Stupidity
May 2015
#60
You mean taxing rich billionaires 100% of their income after they achieve a certain
Cleita
May 2015
#17
The vast majority of us *do* have a minimum pension: Zero. To hell with the 3rd Way. nt
Romulox
May 2015
#20
The problem is not the *amount* of our pensions. MOST OF US DON'T HAVE PENSIONS AT ALL.
Romulox
May 2015
#24
I don't see a lot of corporate shills advocating for minimum pensions. If most do not have pensions
Thinkingabout
May 2015
#28
That's their schtick: soothing words from the Left, but policies from the Right.
Romulox
May 2015
#29
The negative post against minimum pensions is the RW thinking. They like to see folks struggle.
Thinkingabout
May 2015
#43
Yes there are still people getting pensions. Which RW talk show has said there are not any pensions
Thinkingabout
May 2015
#47
Wall Street would orgasm over the opportunity to churn 100M small accounts. nt.
Warren Stupidity
May 2015
#52
I just read it. It's a watered down 401k. My current employer would love this third way piece of
Exilednight
May 2015
#31
Why not have both. Unless you have saved up lots of money you will need extra money
Thinkingabout
May 2015
#36
Who is trying to cut the benefits? Right now there is a COLA which gives raises.
Thinkingabout
May 2015
#56
The COLA keeps the government from inflating its way out of its obligations.
Warren Stupidity
May 2015
#59
Have you accumulated a big nest egg for your retirement? If not you will see the benefit when you
Thinkingabout
May 2015
#37
I will face this straight forward, in 2036 Social Security funds will be depleted, no more funds
Thinkingabout
May 2015
#46
Oh, it would be better to see if social security will fail rather than making changes to keep it
Thinkingabout
May 2015
#54
Bullshit, your "reform" was a scam to cut benefits while doubling contributions and now the same
TheKentuckian
May 2015
#57
No, it being true makes them true. You deny Reagan's "reform" didn't raise the retirement age for
TheKentuckian
May 2015
#78
Then what facts are you saying aren't true? I know I'm in a tedious debate when the other person
TheKentuckian
May 2015
#81
You got off on the wrong road, I know about the facts of the reform of raising
Thinkingabout
May 2015
#82
I have not made up anything, you said I had my facts wrong and since those were the only facts
TheKentuckian
Jun 2015
#83
That is such a distortion of what I wrote, I can only imagine your misreading was deliberate.
PETRUS
May 2015
#63
You said raise taxes, if you are taliking about increasing the max, it would
Thinkingabout
May 2015
#68