Quote:
Originally Posted by CoachKandSportsguy
Senate passes Social Security bill to repeal WEP and GPO
Not sure what this means, other than more people can collect, and that means the insolvency is now approaching sooner.
Lets hope the Congress can fix social security without all the continuing resolutions to fix the debt ceiling and the budget ever increasing spending
good luck to us!
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Social security was designed to give the MIDDLE CLASS a small amount of stability. In other words a base from which innovation and setting up small businesses could be more imagined and acted upon. It was (and should be in the future) a building block for UPWARD MOBILITY. Today the statistics for UPWARD MOBILITY in the US are VERY dim and discouraging. The top ONE ( 1 ) percent have more WEALTH than the bottom Ninety ( 90 ) percent. All the advantages that we have in the US today were built upon MIDDLE CLASS factory workers in the 40s to 70s when UNIONS were strong. Today UNIONS are decimated by the upper 1% that OUTSOURCED US industry and WEALTH to China (we make almost nothing in factories today). We no longer have VOCATIONAL High Schools so that the poor have only one avenue for improvement - crime or joining the MILITARY.
.........My statements are proven by the generally known FACT that since 1970 each generation has been LESS SUCCESSFUL (and wealthy) than the prior generation. Today the US and Russia have one major thing in common.......OLIGARCHY !