What a weird proposal this is. Mandatory 6% savings of workers going into a retirement account. Weird because we already have this thing and it's called Social Security. Up the percentage from 6.2 to 9.2 (and matching employer--also, too, eliminate the cap) and then adjust SS payouts accordingly. That has the potential added benefit of immediately boosting current SS recipients' incomes.
The Harkin proposal, on the other hand, is a pretty crappy not-even-second best.
Musings from some guy who know stuff...and thinks he knows other stuff, and has opinions on just about everything, and is more than happy to tell you what he thinks and why...when he has time and the inclination to sit down and write in this thing.
Showing posts with label social security. Show all posts
Showing posts with label social security. Show all posts
Thursday, January 30, 2014
Thursday, December 05, 2013
Starting to Dread the Race for Guv
I'm at the point that I really hope Allyson Schwartz looses in the primary. No Democrat should be able to vote to cut Social Security and ever again hope to win a primary election.
Labels:
99%,
Allyson Schwartz,
social security
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