The Pardu

The Pardu
Watchful eyes and ears feed the brain, thus nourishing the brain cells.

Sunday, November 10, 2013

Morning Java: Expand Social Security; Stop All Consideration Of Chained-CPI



Enjoy while the caffeine kicks-in!!!!


How about some Social Security to go along with your Sumatra,  Kopi Luwak IndonesianKenya AA, Tanzanian, French Roast, Kona Coast, 'Black Ivory' [Thai Elephant Dong],  Jamaica Blue Mountain, Ethiopian Yirgacheffe, Costa Rican, Espresso,  Moyobama Peruvian Organic, Indonesian Blend, Coffee Latte, Kauai Blend (often bitter), Colombian Red Lips, or your Folgers 100% Colombian?
                                     Coffees of the World


The Republicans must not get their wish for Social Security benefits reduction. 


http://youtu.be/S3RHnKYNvx8

Social Security History
House vote August 8, 1935 
Senate vote August 9, 1935
Signed into law on August 14, 1935
Congressional Vote Totals By Party
 HOUSE (4/19/35)DemocratsRepublicansFarm LaborProgressive/Other
Yes
284
81
1
6
No
15
15
2
1
Not Voting
20
4
0
1
Present
0
2
0
0
SENATE (6/19/35)DemocratsRepublicansFarm LaborProgressive
Yes
60
16
1
0
No
1
5
0
0
Not Voting
8
4
0
0

The GOP has never supported Social Security. 

Social Security is a lifeline for millions who worked the full measure of their lives and exercised opportunity to leave the workforce and enjoy their remaining years. The employee contribution benefit is no a government handout program and it should be treated with far more serious efforts to expand it vs kill it as we know it. 

The monthly payments also serve a greater good for Americans who have exercised the benefit. Social Security payments stewards millions out of poverty. According to the US Department of commerce 26.6 million Americans avoid the roles of the impoverished via Social Security payments.


The following Moveon Dot Org Infographic was developed to support expanding Social Security vs cutting the benefit via Chained CPI or raising the retirement age up from age sixty-five. The Infographic also states President Obama's Chained CPI as part of the 2014 budget. While we recognize so-called entitlement programs as a drain on the deficit any reduction in Social Security benefit is an abomination. 

The two bills will certainly have the full support of this web page.

NOTE: We often hear about an eventual raising of the eligibility age form 65 to 67 and ultimately to age 70.  We draw your attention to an actuarial table that shows potential adverse impact on raising the retirement age. The actuarial age of death creeps upwards. The table also indicates the Black Male would derive little benefit from life-long contributions to Social Security if the eligibility age is raised to age 67 and then to age 70.




We can only hope Democrats stand tall against GOP onslaughts against Social Security.

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