reply to post by OccamsRazor04
0 yield lol I don’t know if I would go that far. You see I am not completely against means testing nor am I sold on it either. I do believe it is
class warfare I also know something needs to be done about the system but keep in mind they have been saying that for about two decades that I can
If SS hadn’t of been raided for pork barrel projects by both sides for so long who knows what it would look like those figures haven’t been
released. Probably for good reason the country hang them.
We need to look at history and what is going on in other parts of the world and take lessons from what has worked and is working we also need to look
at what has failed.
In the past 30 years the gap between the middle class and the rich has widened in this country more than any other country in the free world. It used
to be a CEO made 20 even 50 times more than the median worker and as a whole the entire country thrived now that gap has widened to 100or more.
Something has gone horribly wrong.
In a report issued, Lawrence Mishel, president of the Economic Policy Institute, estimated that CEOs at 350 large companies made 231 times more than
average workers in their industries in 2011. The AFL-CIO - using different methodology that compared CEO pay at S&P 500 companies with the average pay
of all workers in the country - set the gap at 380 times.
In the 1980s, CEOs were, on average, making only 50 times more than workers. While CEOs' pay soared since then, the return to shareholders has
plummeted since the '80s, noting that from 1980 to 1985, the average annual return to shareholders posted by Standard & Poor's 500 companies was 9%,
a figure that dropped to negative 0.4% in the past five years.
Those numers are from 2010 I cant link the report because it is one I have stored it is from the Wisconson sentianal. It is just hard for me to say
the best course of action would be to start limiting social security for the nation but it makes absolutely no sense why the people that make 380
times more than the average worker would ever need social security. It makes me wonder can those people opt out of drawing it and would they. If they
wouldn’t voluntarily that would be one greedy sob wouldn’t you think.
What makes me nervous about means testing for SS is the direction that always seems to come about when belts are tightened. I am sure if it was
implemented tomorrow that the levels that would be set would be more than adequate and rational. No one would have a problem with it but in 10 to 15
years when the government is looking to make cuts where do you think they look. Once those cuts are made I guarantee the cycle will repeat. It is in
Anyway it is some food for thought. To be honest with you I don’t think the answer to fixing the country lays in cutting social safety nets I think
the answer lye in returning to rational pay scales maybe not 1930s but certainly the 80s weren’t bad.
One thing I always have a chuckle about. Have you noticed that the military and many in Washington have complained about spending cuts? The funny
thing is nothing ever really gets cut from the military. We just didn’t give them as big of a raise as they wanted but they still got a raise.
I think during Clinton they may have cut spending once because they offered me a 30k bonus to get out instead of re-enlist. Hey I took it and a year
later they gave me a 20k resign bonus because they downsized too much. You have no idea how much the military wastes. If they do not send their phis
Cal budget each year and that goes for each unit then those budgets get cut. We used to fire 40k missiles once a year for supposed target practice. We
were just trying to burn through our budget.
I think I will get some sleep my eye are all fogged