Printable View
Medicare, Social Security, human rights, drug laws, the environment, alternative fuels, reproductive rights, labor laws, voting rights (and more) are all on the chopping block with this gang of jackals. But the rich will get richer, of that we can be sure.
Even Bush Jr couldn't make that happen despite his very elegant trip to the file cabinet with all the SS adminisation bonds to point out that our entire economy is basically just trust in the value of scraps of paper. Hopefully Trump will find it equally difficult to screw over virtually every person in the country.Quote:
Originally Posted by Rogar
Trump has filled his cabinet with the ruling czars of business....they're pretty good at screwing over people, so he could do it. Of course none of them will suffer and if they do the government will bail them out as they will be deemed too big to fail.
I hope you're right. It's probably not popular, but it's been one of Ryan's favorite entitlement reform plans. I can see them tying medicare into Obamacare repeal or other smoke and mirrors. It won't go down without a fight.
Based on his past statements, it's hard to believe Trump would support Ryan's grownup castor oil approach to entitlement reform. I think the most likely outcome will be for Social Security and Medicare to continue drifting toward insolvency for another four years.
They wouldn't be insolvent--at least in the foreseeable future--if the cap were removed and the oligarch class paid its fair share, like the rest of us do. Also, if the government stopped using the SS surplus as the equivalent of mad money, to fund wars and bail out the banksters, we would be even further ahead.
I agree, he's going to give a lot of what people say they want, and to hell with the bottom line. He is used to filing bankruptcy when the numbers dont work for the "deal" and the federal gubmnt equivalent is to print more money.Quote:
Originally Posted by LDAHL
I am starting to learn that Trump's past statements are no indication of his futures statements. I think it was Bernie's platform to raise the cap, which seemed like a good solution to me but something we won't be seeing anytime soon. The conservatives have a lot of control now and I'd not rule out anything. The most likely outcome I see is four more years of drifting into insolvency, but the odds of other outcomes has significantly increased.Quote:
Originally Posted by LDAHL
Removing the wage cap entirely would add about twenty years to the system's solvency, which isn't long at all in the pension world. Permanent reform would require a combination of rate increases on everybody, not just some enemies list, and benefit cuts.Quote:
Originally Posted by JaneV2.0
http://www.bankrate.com/financing/re...cial-security/
Bernie said that raising or eliminating the cap would extend SS for 58 years. He must have a different accountant? It sure didn't come up in the debates or campaigns much and might be easy to ignore since it is a sensitive issue on both sides.
http://www.ontheissues.org/2016/Bern...l_Security.htm