Social Security Broke: That's Bullshit

"That's Bullshit" with Sam Seder: Pointing out Bullshit so you don't step in it. This week, on behalf of the lesser people, Sam calls Bullshit! on having to fight a Democratic Administration over the Alan Simpson co-chaired, Debt Commission and the false claim that Social Security has anything to do with our deficit and needs to be cut.

supporting links:
http://fdlaction.firedoglake.com/2010/05/10/obama-packs-debt-committee-with-s...

http://socialsecurity-works.org/2010/simpsonrant/

http://krugman.blogs.nytimes.com/2010/06/21/zombies-have-already-killed-the-d...

http://counterpunch.com/baker06222010.html

Category:

News & Politics

Tags:

• Funny
• Social Security
• Alan Simpson
• Politics
• crisis
• there is no crisis
• Liberal
• Democrats
• Republicans
• Conservatives
• Obama
• Seniors
• Senior Citizens
• Insurance
• Deficit
• United States
• money
• economy
• taxes
• Senator
• Bush
• Debt Commission
• lesser
• people
• lesser people
• Debt
• Commission
• Social
• Security
• national
• medicare
• erskin bowles
• inflation
• Treasury
• Bonds
• Treasury Bonds
• gold
• anger
• sad
• trust fund
• IOU
• retirement
• orphan
• disability

[abinva0409]

@MAINEPREPPER Actually it sounds more like a dictatorship than a "government".

[MAINEPREPPER]

@abinva0409 This is not a cafeteria, it's a government.

[abinva0409]

So...if it's so popular and successful, I guess you won't mind if we make it optional for young people to participate in will you? I mean after all, we should have a choice on what to do with our money.

[ReFlex76xx]

Anyway, Social Security is still one of the safest investments in the world. Don't let the banksters and their useful idiots plunder it!

[ReFlex76xx]

@FixSocialSecurityNow Yes, that money comes from someplace; and *that* money comes from someplace; and *that* money comes from someplace. Nice of you to admit giving people money creates demand!

[FixSocialSecurityNow]

@cloudshe I am interested in your thoughts on our site, fixssnow.org. We are trying to create a 1-stop shop for people who are worried about Social Security. We want to well-rounded view, and that is somewhat difficult to form because everyone who writes for the site thinks it is a structural mess. If you find something flawed on the site, write a counter-piece and we will publish it... contact@fixssnow.org or joetheeconomist@gmail.com thanks

[cloudshe]

@FixSocialSecurityNow by coincidence, instead of replying to more nonsense, i thought i would reply to you, and then i found your post! sometimes you can learn a lot from a good debate, but this one has gone incredibly stale. maybe if we're lucky the kool-aid addict will go away (and hopefully forget to vote)

[FixSocialSecurityNow]

@cloudshe you are wasting your energy here. I am done. I can't figure out which is worse his history or his economics. I welcome your thoughts on our website fixssnow.org.

[FixSocialSecurityNow]

@ReFlex76xx When paying back debt is a luxury as you said, there is no real debt. I know that I will regret asking but what unfunded fallacy are you talking about. The Social Security Admin says that the liability is 17.9 trillion. That is larger than the national debt. You can raise taxes on the rich to 100%, and it will not pay that bill. Or is SSA part of a larger right-wing conspiracy to make Social Security look inept.