Only 20 percent of Americans believe there will be enough money left when it’s time for them to retire. To fix the problem, some people believe Social Security should allow means testing, where benefits are based on a… Read More
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Aug. 14, 1935: President Franklin Roosevelt signed the Social Security Act, which guaranteed an income for the unemployed and retirees. Social Security was initially created to combat unemployment, but now functions as a safety net for retirees and… Read More
Consider this headline from a recent survey of retirees: “Many Regret Decision to Take Social Security Early.” Sounds ominous, right? Well, the problem is that the title isn’t entirely supported by the survey’s actual results, which found that… Read More
The History Of… Social Security
I have been kind of watching the preliminaries for this latest “super committee” forming in Washington to come to some sort of budget deal and I am not impressed. On the one hand my Republican friends often scream… Read More
I must admit that I spent over an hour yesterday watching the president’s news conference. Boy, does that guy like to talk. But being a former college professor that shouldn’t be surprising. I will admit that I bought… Read More
Every month, 14 million people now get a disability check from the government. The federal government spends more money each year on cash payments for disabled former workers than it spends on food stamps and welfare combined…. Read More
Source: Mr. 3.75 Percent – By Daniel Altman | Foreign Policy. One political leader who likes to plan for the really long term is Paul Ryan, the Republican nominee for U.S. vice president. By 2050, Ryan’s budget plan would… Read More
Here is another poll that shows when it comes to making cuts in Medicare or Social Security a big percentage of people think we should cut our bloated defense spending instead. If we could somehow manage to get… Read More
Elections are a good deal like marriages, there’s no accounting for anyone’s taste. – May 10, 1925 Will Rogers You did it again Will. You perfectly described an election eighty-seven years in the future. There is just no… Read More