Latest Breaking News

DJ13

(23,671 posts)

37. SS benefits need to be indexed to keep pace with increases in the minimum wage

Wed Jun 1, 2016, 11:01 PM

Jun 2016

When the baseline for wages increase SS benefits slip further and further behind due to the immediate increase in prices passed through by employers while retirees have to wait nearly a year for the rising prices to show up in an economist's chart.

Sure (theoretically) the next year should see a corresponding rise in cost of living, but those adjustments never seem to actually be enough to truly cover the increases, leaving people in an ever decreasing standard of living, so lets include the immediate increase in minimum wage in a separate (and immediate) increase in benefits.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

109 replies

= new reply since forum marked as read

Highlight:

President Barack Obama Backs Expanding Social Security [View all] Omaha Steve Jun 2016 OP

Wonderful, but what took him so long and why now? LibDemAlways Jun 2016 #1

Probably an issue of not having to worry about working with the Republicans anymore. nt cstanleytech Jun 2016 #18

Should have been championed early in his LibDemAlways Jun 2016 #19

Perhaps, hindsight though will not change anything. nt cstanleytech Jun 2016 #26

It's not hindsight. Democratic politicians should always champion Social Security, not criticize it merrily Jun 2016 #53

Excellent comment merrily, thank you saidsimplesimon Jun 2016 #64

Spot On Post brooklynboy49 Jun 2016 #68

+1,000,000 eom dragonfly301 Jun 2016 #75

can I get an Amen! florida08 Jun 2016 #76

My observations, as well, over the years. Bohunk68 Jun 2016 #93

Yep, I call it "barking behind the fence". canoeist52 Jun 2016 #95

Yep. nt SusanCalvin Jun 2016 #96

Personally I think he is a Sanders supporter madokie Jun 2016 #40

I do too notadmblnd Jun 2016 #72

No doubt in my mind about that madokie Jun 2016 #85

I would agree liberalmike27 Jun 2016 #70

If you haven't figured this out by now madokie Jun 2016 #86

Glad Sanders leading the progressive movement in this country and setting the dialog n/t kcjohn1 Jun 2016 #2

+10 nt 99th_Monkey Jun 2016 #4

.+1 840high Jun 2016 #21

Agreed. And Sanders is obviously influencing the President as well. guillaumeb Jun 2016 #29

Yes. JDPriestly Jun 2016 #46

+ Eighty gazillion Scuba Jun 2016 #71

Thank You, Bernie! n/t Wilms Jun 2016 #3

More than just Bernie - it's all the millions of Americans who support his platform, and PatrickforO Jun 2016 #14

Exactly. Bernie has been telling us that he cannot do it alone. jwirr Jun 2016 #31

one might think he is running for re-election again. good news still nt msongs Jun 2016 #5

No COLA for years CountAllVotes Jun 2016 #6

Tell me about it. After Medicare is taken out, Bohunk68 Jun 2016 #94

My husband is a vet CountAllVotes Jun 2016 #100

If your husband has a general or honorable discharge, he is eligible Bohunk68 Jun 2016 #107

Thanks for this info. CountAllVotes Jun 2016 #108

Thanks Hillary! onehandle Jun 2016 #7

Except it's pressure from her that has made him change his position scscholar Jun 2016 #8

See post 9. This was not Hillary's position. nt retrowire Jun 2016 #10

On the internet... Wilms Jun 2016 #16

No she didn't. 840high Jun 2016 #22

Yeah she's helped people notadmblnd Jun 2016 #74

Actually.... retrowire Jun 2016 #9

Because she doesn't believe 'yes.' PatrickforO Jun 2016 #12

Always the dancer around answers and questions. retrowire Jun 2016 #13

Exactly CountAllVotes Jun 2016 #17

Thanks 840high Jun 2016 #23

She wants to expand it to cover more workers bettyellen Jun 2016 #45

Why not be honest, the best we can do right now with our Congress is increase benefits for Hoyt Jun 2016 #51

Cat food commission CountAllVotes Jun 2016 #56

I agree, but getting it enacted is tougher than saying it with our Hoyt Jun 2016 #60

Excellent! Obama is the leader of the party and we have convinced him through our PatrickforO Jun 2016 #11

This is a hint of the Obama we thought we elected. Why did he wait? I think he sees that rhett o rick Jun 2016 #15

pete peterson and erskine bowles DonCoquixote Jun 2016 #20

Okay President Obama just what exactly are you up to? tartan2 Jun 2016 #24

Why would anyone believe sulphurdunn Jun 2016 #25

Good question. I certainly don't. CharlotteVale Jun 2016 #33

Says he wants to expand S.S. while pushing for TPP, doesn't add-up. mrr303am Jun 2016 #43

Which one is likely to be enacted quicly sulphurdunn Jun 2016 #61

My guess: mrr303am Jun 2016 #88

I agree. You win a cupie doll. sulphurdunn Jun 2016 #90

What a fucking joke. eom Purveyor Jun 2016 #27

Oh the Clintons aren't going to like that notadmblnd Jun 2016 #28

Thanks for that clip, Obama stated from the beginning that we needed to cut entitlements ... slipslidingaway Jun 2016 #49

thanks notadmlnd, for sure saidsimplesimon Jun 2016 #65

DLC/3rd way/New Democrats noiretextatique Jun 2016 #105

Yes, I know. I just like to point it out when one of them lets it slip out. notadmblnd Jun 2016 #106

+1000000000 noiretextatique Jun 2016 #109

Maybe I'll be able to afford some heat next winter. Downwinder Jun 2016 #30

Sounds good. jalan48 Jun 2016 #32

SS is not the answer for a "dignified retirement." MadDAsHell Jun 2016 #34

not the sole retirement income? dynamo99 Jun 2016 #48

Lol Ed Suspicious Jun 2016 #87

Sadly it often is not CountAllVotes Jun 2016 #55

The average Social Security pay out will leave most people in poverty. fasttense Jun 2016 #58

What a hypocrite CountAllVotes Jun 2016 #99

I lulz'd KG Jun 2016 #35

with a Republican House and Senate, and with only months until the election MisterP Jun 2016 #36

SS benefits need to be indexed to keep pace with increases in the minimum wage DJ13 Jun 2016 #37

Except that the federal minimum wage was last increased in 2009. dynamo99 Jun 2016 #50

I agree with using the CPI-E DJ13 Jun 2016 #52

Pretty meaningless coming this late from a two-term president. LS_Editor Jun 2016 #38

Empty words. hay rick Jun 2016 #44

Do it now, since we've had so many SS cuts in the past many years. Dont call me Shirley Jun 2016 #39

We've come a hell of a long way from Bush's "privatize Social Security" johnnyrocket Jun 2016 #41

gee, I wonder if he'll put as much effort into SS expansion as he does TPP. bbgrunt Jun 2016 #42

What happened, has he been listening to Sanders? slipslidingaway Jun 2016 #47

He baffles me... but, better late than never, I guess? AzDar Jun 2016 #54

Now that Trump is against cutting SS he's upping the ante. hollowdweller Jun 2016 #73

Good. Looks like pushback on the Catfood Commission accomplished something n/t eridani Jun 2016 #57

A senior COLA greymattermom Jun 2016 #59

I can't find the link to The Onion. Fuddnik Jun 2016 #62

Thank you Omaha Steve, recommended saidsimplesimon Jun 2016 #63

Glad he's finally on board. NaturalHigh Jun 2016 #66

Just wished he hadn't waited 8 years in to really get behind this EndElectoral Jun 2016 #67

Yeah, here come the Progressive plans to fire us up to vote (8 years too late) harun Jun 2016 #82

As long as he's not privatizing it TBF Jun 2016 #69

There is no pleasing some people it seems. LonePirate Jun 2016 #77

I think it is the right thing to do, but would have been right when harun Jun 2016 #83

And when exactly was that? LonePirate Jun 2016 #84

If the President and the Democratic Congress had done this back in 2009, Zorra Jun 2016 #78

If this, if that, he should have done this, he should have done that, why did he wait so long... olddad56 Jun 2016 #79

Social Security is for the lazy moochers! Enthusiast Jun 2016 #80

Timing is everything. CrispyQ Jun 2016 #81

Call me a cynci...instead we'll get cuts passed as "reform" n/t hibbing Jun 2016 #89

Nothing says dignity like being blind, deaf & toothless! Divernan Jun 2016 #91

Tell me about it CountAllVotes Jun 2016 #104

Obama Wanted to Cut Social Security. Then Bernie Sanders Happened. Mark 750 Jun 2016 #92

A Meaningless Sop merkins Jun 2016 #97

The same president who appointed cat food commission? ozone_man Jun 2016 #98

but but Hillary says we can't have that - it is rainbows and unicorns. hollysmom Jun 2016 #101

This is great news. passiveporcupine Jun 2016 #102

This message was self-deleted by its author CountAllVotes Jun 2016 #103