General Discussion
In reply to the discussion: John Kasich to seniors who want to keep their Social Security: “get over it” [View all]AdHocSolver
(2,561 posts)Working Americans pay Social Security taxes. Workers in China do not pay Social Security taxes, Workers in India do not, workers in Indonesia do not, workers in Malaysia do not.
There is a valid way to sustain Social Security far into the future. It is called raising revenue by bringing jobs, especially manufacturing jobs, back to the U.S.
Another Clinton promoted NAFTA which started the drain of American jobs to low-wage countries, promoted and signed off on the repeal of the Glass-Steagall Act which enabled Wall Street and the banks to rip off the middle class, "reformed" welfare, and brought the U.S. to the brink of economic collapse.
Draining Social Security is NEVER the "right" thing to do. It is totally unnecessary. It only favors the wealthiest of the one percent.
Austerity is a policy for economic disaster. Instead of taking money out of Social Security to give more tax breaks to the one percent, close the tax loopholes and use that money to give jobs to Americans to rebuild infrastructure, provide low cost education to Americans to be able to do the work that is available when the jobs created are kept in the U.S., and provide health care to all at affordable prices.
If Clinton even suggests reducing Social Security benefits as a possible policy, it shows, at best, her total lack of understanding of how economies work.