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Social Security needs to be addressed

November 25, 2013

Editor, OBSERVER: The recent letter to the People’s column regarding Congressman Tom Reed’s position on Social Security is completely inaccurate....

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(33)

judeye

Nov-28-13 12:23 PM

joew..Happy Thanksgiving to you as well my friend....

Will look it up tomorrow ..today...so busy with many people coming....

Happy Day ...Enjoy!!!!

We all have so very much to be thankful for...

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joew

Nov-28-13 10:05 AM

Judeye could you please define for me what income levels constitute middle class status? Happy Thanksgiving by the way.

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judeye

Nov-28-13 8:48 AM

PR24601..hardy jealous...I grew up with many rich..very rich folks.

Ok..so only 25% inherited it. There is a difference in rich folks..at least many of us were raised on the "old money" vs "new money". do you understand what this means? Yes there is snobbery in the very rich...

As for redistribution of wealth..ok if you think I only include so called liberal videos..look it up on any site that you want...show me any data that would indicate that the middle class is not decreasing..and that those at the top are making more than ever.

I will watch and read ANY publication...if you can find any..that would state that this FACT is untrue.

I will wait.....

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stangv8

Nov-27-13 10:45 PM

Probably the greatest harm done by vast wealth is the harm that we of moderate means do ourselves when we let the vices of envy and hatred enter deep into our own natures. Theodore Roosevelt

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Truthteller

Nov-27-13 6:06 PM

PR, nobody hates the wealthy. The only animosity is for the wealthy against the rest of us. And Judeye is right, and furthermore, she said "MOST" not "ALL"! The only income redistribution is going upward. And you PR-type people say you're tired of lazy welfare scum stealing your money--even though now a majority of recipients of social services have minimum-wage jobs--and then out the other side of your mouth you defend the right of people like the Walton Enterprise to hoard their billions by NOT paying the wage that would put welfare money back in your pockets!! What is wrong with your brains!? Your Chautauqua County mentality is on the losing end of history. Your outrage puts you in a minority in America. Guess what!? There IS an America beyond this godforsaken wilderness of the intellect, and it doesn't think like you.

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Truthteller

Nov-27-13 6:02 PM

Why do you all have this *********hatred of the pope for no reason whatsoever except for the fact that he disgusts you after he came down AGAINST capitalism?

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American

Nov-27-13 11:08 AM

Anyone ever notice that these videos judeye wants others to google are always done by a liberal lefty? Get real, as if they have any truth to them at all.

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PR24601

Nov-27-13 10:34 AM

I'm not wealthy - I will never have a million dollars in the bank - well, maybe when I'm 70 if I live that long. But people like you JUDEYE, who have this*******hatred of rich people for no reason whatsoever except for the fact that you are JEALOUS.. you make me smile a wry smile when a super rich person says F the poor, it's my money, because I know just how much that gets under your skin. And I really like it when they are self-made (most of them are) because then you have nothing reasonable to be angry with them about, and you know it, and you are stuck hating them and hating yourself for not having been more successful.

Lighten up. I'm not successful.. I'm a provider for my family. Big deal. But I love it, I'm content with it. Money doesn't drive me.. never has, never will, but god bless those who work their butts off to rake in the cash, and how dare anyone say they deserve a chunk of it.

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PR24601

Nov-27-13 10:29 AM

All those hand-me-down billionaires.. like: . Warren Buffet - oops . Bill Gates? - nope . Steve Jobs?? - wrong again

Really judeye? Go look it up - the majority of millionaires are self-made. I read recently, the publication escapes me, that upwards of 75% of millionaires are 1st generation, dispelling the MYTH that "all rich people got lucky because they were born into it." There are some, certainly, and many of them continue their grandparents and parents businesses.. successfully to boot.

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judeye

Nov-27-13 7:40 AM

By the way...most truly wealthy folks...got their money the old fashioned way....

THEY INHERITED IT.

Pass on wealth from one generation to the next.

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judeye

Nov-27-13 7:38 AM

The middle class is disappearing,

And we all need to be VERY concerned about it.

Google wealth distribution video. You will be SHOCKED at how the middle class has been squeezed out. NO wealth is NOT going from the middle class down to the poor. Rather, it is going UP to the most wealthy.

As for hard work...."Most people consider success to be a by-product of hard work, and hard work is something that Americans are extremely familiar with. In fact, Americans have increased productivity by 80 percent since 1979; unfortunately, their income hasn’t risen accordingly, if at all." Forbes

I keep asking..no one has an answer. What Country has most of the wealth concentrated with a few at the top..and still is a democracy?

Yes we all need to be concerned..it affects not only income and wealth..but our entire democratic system. Hello money in our ballot boxes. Goodby people's voices.

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DKexpat

Nov-26-13 7:50 PM

I will agree with Tt (to some degree) on this. It used to be “get a job, get married, buy a house, work for the same company for ‘n’ years and (whether union or non-union) retire with a pension.”

Now, for many, it’s “try to find a job, try to save enough to buy a home, try to find a smidgen of job security, and retire with no pension.”

The middle class is disappearing, and what’s termed middle class by just current income shortchanges what that middle class is looking at in terms of “social insecurity” in their retirement compared to the WWII generation.

Get rid of the fraud and waste, whether corporate, governmental or individual, and I’ll be happy to pay more into SS for those less fortunate than I.

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Truthteller

Nov-26-13 5:09 PM

PR, your work hard comments are outdated. That formula doesn't work anymore. There are actual reasons news reports lately demonstrate why people born after 1950 have an increasingly hard time finding well-paying work for which they're qualified and saving for their futures, let alone paying for now. This is not my parents' and grandparents' America. And by the way, the wealthy still get to collect. Ron Paul (you know, the millionaire Congressman) says he's entitled to his social security. I "earned" it, he says. Well, I don't know how many hours are in HIS day, but it must be a LOT more than yours or my 24 hours. Hard work equals high income. Not so. Some people are simply overpaid (like athletes and actors), because we pay the high ticket prices and watch the commercials. That doesn't mean they "worked hard and earned it" any more than the Wal Mart stocker making $12,000.

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jo1952

Nov-26-13 11:30 AM

Isn't it interesting how so many people think that we should just hate our fellow citizens? I mean, to set up programs to help those in need is an outrageous concept. Even though the poverty rate for the elderly plummeted ater the introduction to social security, it appears that there are many here who think "I've got mine, s u ck s to be you. And yet they claim to be the most patriotic, America, love it or leave, American exceptionaism. But help a felllow citizen? NO WAY. I need billions of dollars, you don't need a few hundred extra. Take your medicine every other day. Gotta love that point of view.

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225522

Nov-26-13 10:44 AM

Sure the rich make more money and have more things. However if they choose to give their money to the"less fortunate" it is their decision. This is America. Why should someone say: "They need to pay more." Who is that smart to know that? Work hard, study and make good life decisions. Most likely you will enjoy your stay on earth. The people who did this but still have hard times because of health or other reasons will be taken care of...but their standard will be lower. Do not covet thy neighbors goods. The "better off" do contribute to others. However, in the Unitrd States, it is their choice.

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225522

Nov-26-13 10:44 AM

Sure the rich make more money and have more things. However if they choose to give their money to the"less fortunate" it is their decision. This is America. Why should someone say: "They need to pay more." Who is that smart to know that? Work hard, study and make good life decisions. Most likely you will enjoy your stay on earth. The people who did this but still have hard times because of health or other reasons will be taken care of...but their standard will be lower. Do not covet thy neighbors goods. The "better off" do contribute to others. However, in the Unitrd States, it is their choice.

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DKexpat

Nov-26-13 9:23 AM

Paul, I agree the scale of fraud lies more with providers than recipients. The Social Security tax is regressive in that I pay a smaller percentage on my total wages than someone under the $113,700 cap. But I do pay more dollars. Raising the % for everyone would hurt a guy making $50k more than it would me, so raising the cap just on higher earners – not the rate on everyone – is popular because it impacts only the top 5.2% of wage earners. What that doesn’t factor for is the fact lower/average earners receive a much higher rate of return (up to double) at retirement than higher-income earners.

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PR24601

Nov-26-13 9:17 AM

judeye: "So many more people make more than the $113,000 cap these days."

Yes, judeye, but many of those people won't be drawing out of the pot down the road. So the question is why do they have to contribute at all? Why not give high-income earners the ability to opt out of SS altogether since they will have large savings plans?

There's a real problem in this country, and it's the sense of entitlement. The "it's not fair.." syndrome. This mental shortcoming, this disease if you will, is perpetrated by the left, this feeling that they DESERVE all the little niceties and luxuries that are EARNED by those that have them.

That's why we have people that truly believe it is right to rob the rich to support the poor.

There's a solution - go to school, work hard, earn your own living, save your own money. Have some pride instead of holding a grudge. Can the guy making $1M afford an extra $76K? Sure, but why are you entitled to HIS money?

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subbie

Nov-26-13 8:08 AM

Entitlements are not fueling the deficit. The wars are fueling the deficit.

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judeye

Nov-26-13 8:05 AM

Social Security is solvent until the year 2033. Now in the next twenty years all we have to do is to raise the income threshold. So many more people make more than the $113,000 cap these days.

There is a difference between SSI and SSD. SSI is kinda like welfare for those who are disabled. SSD is social security disability, that is disability payments you get if you have paid into the system and then became disabled.

there are people who abuse each program. However, both programs can be difficult to get on. You must prove you are not only disabled, but that the disability prevents you from working. Many people are turned down the first time. Why do you think there are all those ads from lawyers saying they will help you get disability?

Yes rep Reed has a history of not supporting social security. He sides with many who advocate means testing, reduction in payments, etc

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instigator

Nov-26-13 7:55 AM

Two men were talking. "So, how's your sex life?"

"Oh, nothing special. I'm having Social Security sex."

"Social Security sex?"

"Yeah, you know; I get a little each month, but not enough to live on!"

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rumblefish

Nov-25-13 8:52 PM

Hello "Security"

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Christopher

Nov-25-13 8:04 PM

You know of course, that the largest perpetrators of Medicaid/Medicare/SSI fraud aren't patients, they're Dr.'s and incorporated clinics owned by those people nobody wants to tax.

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DKexpat

Nov-25-13 6:09 PM

I don't think we should burn the candle at both ends. If we're gonna have means testing whereby wealthy or well-to-do retirees receive reduced benefits, why should they be penalized for saving by taxing them more during the working years?

Agree with Phil we need to get the waste and fraud of of SSI, Medicare and welfare...

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Christopher

Nov-25-13 4:28 PM

Also, funding a hgugely beneficial program for the elderly and disabled by removing a cap isn't in my opinion exactly living off the rich. Again, sorry, but I can only be so sorry for those making a million bucks a year having to pay a tax of $76,500 per year. That is what decent societies do.

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