How the Establishment Wants to Destroy Social Security

Sam takes a look at the Ezra Klein piece "There's Nothing Courageous About Raising the Social Security Retirement Age" and how the establishment wants to destroy social security...

(From the 10/16/12 edition of the Majority Report)

This clip from the Majority Report, live M-F at 12 noon EST and via daily podcast at http://Majority.FM

• Category

  News & Politics

[donnyforte2]

"Entitlement is unsustainable"

So are economies, so are a lot of things.

"The so called surplus asset"

Things like SS is so successful that you had Republicans, like Bush, taking trillions out of it to hide the deficit. You want to help SS out? Remove the cap. Ensure the wealthy are actually paying into it and anyone who is working, is paying into it.

[neverfearchrisishere]

Wrong, people pay an additional tax JUST for this. Which makes it in the black by 30 trillion.... it is the *rest* of the economy that is in the red by another 100 trillion. The problem is that the military has been heavily borrowing money from social security... so that is where the cuts should come from.

[zflo17]

The sad thing is that if 'job creators' were to pay better wages across the board and we didn't do away with pensions, maybe so many people wouldn't be so dependent on social security

[ALPHAandOMEGA44]

It is social insecurity!

[kurd55]

As far as Social Security is concerned, Obama--FUCK YOU, PIG!

[chiyen chendra]

I agree military should get cut!

[chiyen chendra]

Took money from new investor. Pay the old investor. And spend the rest

[chiyen chendra]

If the total unfunded liability only reach 10 trillion. Raising cap are reasonable solution.

/watch?v=oh-NqdmEDq4&feature=p­lcp

/watch?v=vuaG-A6ezMQ&feature=p­lcp

[chiyen chendra]

/watch?v=oh-NqdmEDq4&feature=p­lcp

/watch?v=vuaG-A6ezMQ&feature=p­lcp

If you add it medicare and prescrption drugs, it would reach 100 trillion.

[chiyen chendra]

Then debunked that right wing logic!

[chiyen chendra]

Watch IOU's movie!

[robinhoodOO7]

Nevermind, I've read through many of your other comments...You're clearly standing on 100% political ideological based assertions which are not based on or in reality.

You can't have your cake and eat it too...There is no $100 trillion unfunded liability. This is a nonsense talking point. Conservative and liberal economists alike agree that it's not unfunded and changes can be easily made to address the foreseeable unfunded amount (MUST less than $100 trillion) with future budgets.