[Info-vax] HP stopping VMS paper documentation ?
AEF
spamsink2001 at yahoo.com
Thu Dec 15 20:29:55 EST 2011
On Dec 12, 11:47 am, Kenneth Fairfield <ken.fairfi... at gmail.com>
wrote:
> On Friday, December 9, 2011 6:50:17 PM UTC-8, AEF wrote:
> > On Dec 9, 10:54 am, Kenneth Fairfield <ken.fa... at gmail.com> wrote:
> [...]
> > > Indeed. Just lift the cap on SSI tax for incomes in excess of $106K and the problem disappears. Sigh...
>
> > How about changing the retirement age? Implementing means testing? And
> > raising the "cap"?
>
> Both very bad ideas.
>
> Changing the retirement age only works for the upper-income (or socio-economic classes) who generally have better health and longer life expectancy. It fails miserably for the laborers (whether carpenters, or farm workers, truck drivers or garbage collectors): their bodies where out from all the physical stress, and that added to their statistically poorer health. It amounts to a tremendous burden on those who can least manage it.
OK, nothing that.
>
> Needs testing turns SSI into a "welfare program".
Wait a minute. First you complain that the poor will be hurt *more* by
raising the age (meaning we should lower it?!) and then complain that
"means testing" (not "Needs testing" makes it a welfare program. I
don't follow that.
> In the current system *everyone* pays into SSI, and *everyone* draws from it when they reach retirement age. Therefore, *everyone* can feel it's fair and has a stake in its future. Start needs testing and you'll have the rich complaining that they paid in but didn't get "their money" back out. That's just the first step in
cutting back the benefits after attacking the program as an
"entitlement".
So let them complain. Everyone's complaining now and will continue to
complain. It's ___insurance___, not a piggy bank. If that's how people
want it, then let them get an inflation-adujsted lump sum of what they
put in when it's time to retire, reach 65 years old, whatever. You
can't have it both ways.
>
> Raising the cap simply closes one more "tax loophole" on the wealthy. Is there a problem with that???
Why is there a cap in the first place? Did I say not to raise the cap?
Yes, you're not being clear here.
>
> Please remember your history! Check out the numbers for elderly poor before and after SSI was implemented. Before this program, a huge number of post-retirement people (that is, post being able to work at all!) lived in poverty...the numbers I recall off the top of my head is around 60% but I haven't double-checked). Post SSI, that number is more like 15-20% (again, OTOMH). SSI is the *most* successful federal program we've ever had!
Yes, that's good. Did I say otherwise? I thought it was going to go
insolvent by current projections. I thought there was a problem. I
thought that's why we brought this up in the first place.
>
>
>
> > Compared to other problems, esp. health care, it's a math problem.
>
> > > BTW, I agree with the gist of George's follow-up: the "temporary" reduction in SSI tax is not a good idea. For one thing, it makes its financials look worse, and therefore lends credence to the <false> claims by the right that this an "entitlement", e.g., "welfare", program. OTOH, eliminating the cap solves all its solvency (real or imagined) problems well beyond the foreseeable future.
>
> > Wait a minute. Didn't you just pooh-pooh eliminating the cap just one
> > short paragraph above? Which do you advocate? Elimination or not?
>
> I don't think so. I think I said that eliminating the cap *solves* the perceived solvency problems (see the first quoted paragraph above).
>
> -Ken
Are we disagreeing to agree here?
AEF
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