“I know of no Republican or Democrat in the House or the Senate who is proposing cutting Social Security benefits,” Sen. Mitt Romney (R-UT) steamed from his perch at the Senate Budget Committee hearing Wednesday. “And it’s dishonest to keep saying it. It’s offensive and dishonest, and not realistic.”
“Does it really make sense to allow someone who’s in their 20s today to retire at 62? Those are the kinds of things that we should talk about.”
Does it make sense that wealthy people have already finished paying their FICA tax this year?
Does it make sense that the national debt blew up under tfg’s Republican administration and no one said squat then? If we want to get debt under control, we can’t let Republicans be in control.
My husband is 62 years old and physically challenged by his job, He’s a dog groomer, a very good one with 40 years of craftsmanship under his belt. But the work like so much human labor has taken its toll. The GOP is full of shit.
Yeah the headline is “Republicans Keep Pretending” about a SS cut.
But really, every single thing they say is hiding, pretending, projecting, lying, dissembling and they put ‘Reproductive Freedom’ into the name of every bill which strips bodily autonomy and reproductive freedom - as an example. Every single bill or action or astro-turfed fake entity has to come with a false title, misleading claim.
There isn’t a single thing they aren’t lying about or ‘pretending’. It’s not like if they would just stop pretending or be decent on SS then we would be making some kind of progress. The whole edifice, the entire structure is a sham.
Yep. And all the years of zero interest rates/loans pushed money out of traditional savings accounts and CDs into riskier investments. Now look at what’s happening now plus the Covid closures and what happened in 2008. The ones hurt the most by GOP SS/Medicare shenanigans are the ones who have been hammered multiple times early in their adult working years.
Check the age and wealth of these kind folks who want the cuts.
They don’t know or care what some of us go through in our working lives and in many cases giving our bodies to make their lives easier.
There is no reason, they can think of, that would cause them to retire it’s like a hobbie.
There are some in the working class who never want to retire simply because that is all they have ever known. I know some and they told me.
I am stashing all the cash I can into CDs making 4.95%. Even taking ones from a year or two ago that were making 2% and taking the penalty to roll them into 36 months at 4.95%
I haven’t been in a position to do this in past cycles of my life so it isn’t like I was hawkishly watching interest rates…but in my memory I haven’t seen 5 or 6% savings interest since about 1985 (I graduated HS in '84). So much changed back then…the HMO craze. Someone posted a longevity/cost chart here the other day…1985 is when the U.S. veered off the path there. Healthcare and insurance became bogeymen that preyed on us and haunted our every step since. Up until then, a small family could be supported by one bread earner with a blue-collar job. Pensions weren’t raided yet. Unions still strong (comparatively). No where to save money except in the newfangled 401k scheme which put every single working person’s money at-risk and into the hands of Wall Street so they could grope and fondle and skim. Electronic and ‘rigged’ trading became the norm. Housing became about the only thing the avg. person could ‘invest’ in.
Yep…the ones most invested in this lie about SS are not in the least dependent on it…What most people don’t think about is, the demographic most dependent on SS in old age are those most likely to be physically crippled by factory/construction/farm work by the time they are 55, and putting off retirement just isn’t a valid option, like it is for white collar workers … just ask any postal worker (I was a rural carrier for 25 years) how their joints are doing, and you’ll get an earful…or anybody doing masonry work…or working the line at an auto factory. You only get a pension even there if you put in the years, and many wear out their bodies long before that…or end up addicted to painkillers because of the damage.
I can’t imagine the horror that Republicans feel deep inside at the thought of European styled social services. The gorge that must rise in the throat of a Romney at the thought that lowly people are worthy of cutting into the profits that are rightly his to have.
Also I would add that those who retire at 62 do so at a diminished rate, but the GOP plays it like 62 is the retirement age, when for the bulk of today’s workers the retirement age is 67 for full benefits.