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valleyrogue

(2,815 posts)

17. There is no "solvency" issue. It is bullshit.

Thu Jun 11, 2026, 11:29 AM

Yesterday

This is a load of generational warfare crap the Cato Institute started in the early 1980s to create animosity between the baby boom cohort and the older cohorts. It is being used again for cynical purposes of creating generational warfare between younger generations and baby boomers.

Any alleged "shortfall" would be easy to correct since baby boomers are dying off, as many as 17.5 percent of the cohort are already dead, and "shortfalls" can be made up through the general fund.

Congress knows this. The Republicans are full of shit, as usual.

The "libertarians" oppose Social Security as a matter of "principle." They represent business interests like Koch Industries that don't want to pay their share of FICA.

THAT is what this is really about.

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Highlight:

Four senior senators express alarm, push for 'hard' Social Security votes [View all] BumRushDaShow Yesterday OP

no awards for moral courage for this bunch after ignoring the problem for years msongs Yesterday #1

No, but probably only lame ducks felt free enough to do this DFW Yesterday #3

But removing the cap technically isn't raising taxes, it's just adjusting contributions. nt in2herbs Yesterday #18

To anyone who would have to pay more of their paycheck than they do now DFW Yesterday #30

They're not all lame ducks. ShazzieB Yesterday #26

The obvious simple solution is to raise or, better yet, remove the cap on income levels... GReedDiamond Yesterday #2

I paid double the SS for nearly 40 years being self employed years ago Bengus81 Yesterday #10

Exactly, Thune always has a mealy mouthed response/retort... IthinkThereforeIAM Yesterday #19

I completey agree they should remove the cap jgmiller Yesterday #24

I think the obvious solution is to not be simple DFW Yesterday #4

Most of these people are so wealthy they would not miss this money. travelingthrulife Yesterday #6

They might have to pay for a tank of fuel for their 400' yacht Bengus81 Yesterday #11

Right, none of them are going to be faced with eviction or have their diet changed... IthinkThereforeIAM Yesterday #20

The other solutions all are politically unpopular. SamuelAdams Yesterday #7

Do what we do for all of the wars -- borrow. Also, Obama managed to extend the date by a year. Nt lostnfound Yesterday #9

Bush like Trump wants SS privatized so some bud of theirs can get hold Bengus81 Yesterday #12

Social Security Trustees are all MAGA Kid Berwyn Yesterday #5

And that was intentional... IthinkThereforeIAM Yesterday #21

Project 2025 is MAGA for Urinary Executive (Trickle Down Forever) Kid Berwyn Yesterday #23

What a waste to work for 45 years and to spend money helping those who needed it lostnfound Yesterday #8

(a percent of which comprises the revenue). mdbl Yesterday #15

100% could come from wages, if wages had kept pace with productivity or with CEO pay lostnfound 9 hrs ago #37

Maybe the 4 Senators can come up with good ideas Buddyzbuddy Yesterday #13

REMOVE. THE. CAP. TygrBright Yesterday #14

Exactly, let everyone pay the same percentage on their Payroll Tax obligation. It is simply a huge gift to the Exp Yesterday #27

Precisely! CoopersDad Yesterday #33

Experts like Paul Krugman say vary affordable fixes are available to keep SS solvent. Republicans insist on holding SS Martin68 Yesterday #16

There is no "solvency" issue. It is bullshit. valleyrogue Yesterday #17

It's like saying the USPS loses money. Bullshit. nt. druidity33 Yesterday #31

"3 of the 4 won't be there next year, not just Cassidy and Tillis but Durbin too." Wednesdays Yesterday #22

"And what are they going to do when The Felon vetoes their bill?" BumRushDaShow Yesterday #25

It's not hard ...get rid of the cap or make the donut plan JT45242 Yesterday #28

During COVID in 2020, I bought a house. mnhtnbb Yesterday #29

Are you also making 2X monthly payments? CoopersDad Yesterday #34

No, right now short term interest rates mnhtnbb Yesterday #36

Eliminating the payroll cap would solve the problem. Any Democrats who suggest anything else are not Democrats. Dangling0826 Yesterday #32

Gee whiz Katcat Yesterday #35