Populist Reform of the Democratic Party
In reply to the discussion: Elizabeth Warren's response to Third Way Criticisms: 'Oh Please' [View all]sabrina 1
(62,325 posts)cost this country 2 trillion dollars over ten years and where are all those jobs they were supposed to create? Employment was down for several years, yet SS still paid out 100% of its obligations and had a surplus.
Re visit the problem of the Govt borrowing from the SS Fund, if there is a surplus, increase benefits. It was never supposed to be a bank to borrow from to cover the cost of war and tax breaks for Big Corps who take their jobs out of the country.
If there is a surplus, raise benefits. That money will go back into the economy without costing the Federal Fund anything, a sort of stimulus package.
Raise the cap on SS.
End the wars which together with the tax breaks for the wealthy, helped create the deficit.
So keep Americans working, raise the cap and end tax breaks for the wealthy
And btw, SS had nothing to do with the deficit.