skews13
Diamond Member
- Mar 18, 2017
- 9,793
- 12,450
Economists at the Federal Reserve have found that 90 percent of working Americans have not recovered their wealth and assets lost in the Great Recession of 2008. People were horrified as they lost their savings and saw their 401(k)s become 101(k)s, but Social Security was always there for them. In fact, Social Security never has missed a payment. With 10,000 baby boomers retiring each day, America is facing a looming retirement crisis, and most are not prepared. This is not the time to pause – this is the time to strengthen Social Security!
Social Security is neither an entitlement nor a tax. It’s an earned benefit that people contribute to from each paycheck. Employers pay half of the premium (which they write off, just as they do for health insurance and other employee benefits). No tax exists that provides a pension benefit, a disability policy, dependent and spousal coverage, and a death benefit, like Social Security does. Nor can anything like it be purchased in the private market. It’s a guarantee that every American understands and relies upon. It’s why this is America’s most important retirement program and America’s number one anti-poverty program.
Congress doesn't need to pause, it needs to act and strengthen Social Security
The banks that are responsible for the 2008 recession should be made to pay back every penny people lost in their retirement plans. Anyone that suffers from the delusion that Social Security is going away, will die with that delusion.
Social Security is neither an entitlement nor a tax. It’s an earned benefit that people contribute to from each paycheck. Employers pay half of the premium (which they write off, just as they do for health insurance and other employee benefits). No tax exists that provides a pension benefit, a disability policy, dependent and spousal coverage, and a death benefit, like Social Security does. Nor can anything like it be purchased in the private market. It’s a guarantee that every American understands and relies upon. It’s why this is America’s most important retirement program and America’s number one anti-poverty program.
Congress doesn't need to pause, it needs to act and strengthen Social Security
The banks that are responsible for the 2008 recession should be made to pay back every penny people lost in their retirement plans. Anyone that suffers from the delusion that Social Security is going away, will die with that delusion.
