Category Archives: Social Security

Forgiveness of Student Loans Should Be THE Democratic Issue For 2014

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Protecting Social Security and Medicare — the strong and fundamental safety net for older Americans — is a core mission of the Democratic Party and Democratic voters.

Equally important — it’s a moral obligation — is making sure we don’t leave younger generations bereft of opportunity and buried in debt. We must preserve hope for everyone from today’s elementary school children to today’s forty- and fifty- somethings.

President Obama’s call for quality early childhood education for all children gets us thinking in that direction. But what about today’s working adults, from age 21 to age 62? Too many will find themselves caught in the middle between the costly (privileged?) senior generation and the expensive (and essential!) younger children.

I’ve long been troubled by the accusation that preserving Social Security for today’s elders will lead directly to the indebtedness and impoverishment of our children and grandchildren. Continue reading →

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Medicare Is Government At Its Best

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English: Centers for Medicare and Medicaid Ser...

An official-looking envelope arrived in the mail this week. (Yes, despite reports to the contrary, we still have mail delivery in the USA.)

Inside the envelope, my Medicare card!  Thank God! But how did this happen? How did I ever get to be this old? Never mind.

Amazing thing is, I didn’t even apply for Medicare. Continue reading →

Raise the Social Security Retirement Age? Huh?

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English: Demonstration in Barcelona on January...

Demonstration in Barcelona on January 22 against raising the retirement age (Photo credit: Wikipedia)

People are living longer, therefore the U.S. needs to raise the Social Security retirement age.

The above statement fills me with despair. It can be spoken with a straight face only by a young person or a rich person who doesn’t understand:  a) What it feels like to be sixty-something in the 21st century, and b) The place of the American worker in the market for human labor,  given the new-normal, flat-world economy.

Full disclosure: I come at this retirement age question from a Baby Boomer point of view. I celebrated (?) a 64th birthday in June. For which I’m grateful. It means I’m one of the survivors. I am now enjoying my 65th summer on the planet Earth, which is one of my favorite planets.

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Debt Madness Was Always About Killing Social Security (via roger hollander)

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Below is a commentary worth reading. Conservative ideologues have hated Social Security from the beginning, in 1934.

Social Security is not the cause of the U.S. public debt, and neither is Medicare. To blame Social Security and Medicare is to lie! The methodic run-up of defense spending, starting in 1971, and the extension of U.S. military influence to every corner of the globe over the past four decades — those are the primary causes of the U.S. public debt, in my opinion. — John

Debt Madness Was Always About Killing Social Security Published on Wednesday, July 27, 2011 by TruthDig.com   by  Robert Scheer This phony debt crisis has now passed through the looking glass into the realm where madness reigns. What should have been an uneventful moment in which lawmakers make good on the nation’s contractual obligations has instead been seized upon by Republican hypocrites as a moment to settle ideological scores that have nothing to do with the debt. Hypocrites, because their rad … Read More

via roger hollander

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America: What I Believe In 2011

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Image via Wikimedia Commons

(Please click on “comments” at the left side of the title for an interesting back-and-forth between polar opposite points of view.)

The deadlock over raising the debt limit seems almost like a clash of religious beliefs. The two sides hold different beliefs. The deadlock has helped clarify my thinking about what I believe. Maybe this debt crisis of 2011 will help us all clarify who we are, and what we believe.

Image via Wikimedia CommonsI believe that Social Security, Medicare, and Medicaid are the best part of America. I believe that without Social Security, Medicare, and Medicaid, a large part of the American population — more than half the people over 65 — would fall into hopeless poverty.

Some people believe it would be impossible to balance the American budget without deep cuts in Social Security, Medicare, and Medicaid. I believe that America is still, right now, the most prosperous society the world has ever known. I believe that America can afford Social Security, Medicare, and Medicaid.

I believe it would be fair for the most prosperous among us — those with incomes of $250,000 or more a year — to pay a little more in taxes for the good of America. These people have prospered in America. They live the good life. Aren’t they patriotic enough to want to keep America strong? I believe they ARE patriotic and willing to help. It is inconceivable that they could be otherwise.

Some politicians say they oppose any tax increase because a tax increase would “destroy jobs.”

I don’t believe it. How would a modest tax increase destroy jobs? The president is not talking about making rich people poor. He’s talking about a modest tax increase on incomes over $250,000. How exactly will that destroy jobs? Will people earning $250,000 or more even notice a small tax increase? Will a small tax increase change their way of life? I don’t think so. Some may believe otherwise.

I believe there are other ways to balance the American budget. I believe we are spending far too much on a worldwide military presence. I believe we do not have to be fighting foreign wars in Iraq, Afghanistan and Libya. I believe we could drastically reduce foreign military spending, pull American soldiers out of harm’s way and closer to the North American continent. We could reduce defense spending by perhaps a third, and still have a military that is by far strong enough to defend the North American continent.

I simply cannot understand why anyone would want to destroy Social Security, Medicare and Medicaid. I believe the vast majority of Americans support these programs. I believe that common-sense cuts in general government spending and defense spending, combined with a small increase in taxes on the most fortunate among us, would bring the American budget into balance.

What do you believe?

THIS CHART PUTS THE FINANCIAL CONDITION OF MEDICARE AND SOCIAL SECURITY IN PERSPECTIVE. BEGGING THE QUESTION: IF MODEST CUTS WERE MADE IN U.S. SPENDING ON GENERAL GOVERNMENT AND DEFENSE, AND SOME EFFICIENCIES ARE FOUND IN MEDICARE AND SOCIAL SECURITY, THEN HOW MUCH WOULD STILL NEED TO BE RAISED IN TAXES? Chart via Wikipedia

Keep the faith.

– John Hayden

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And They Call Themselves ‘Patriots’

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The western front of the United States Capitol...

Image via Wikipedia

No. 4 in a series on the Debt Crisis of 2011.

Here’s an American paradox, or maybe it’s a morality story. You work to pay your bills. I work to pay my bills, thereby maintaining the fiction that I’m solvent and creditworthy.

While you and I are working to pay our bills, right-wing zealots are conspiring to prevent the government of the United States of America from paying its bills. They even pretend that it would be right and good for the U.S. to ignore its debts.

The premeditated intent of these patriot-politicians is to subvert Congress and sabotage the U.S. Treasury, force financial default, and destroy America’s credit rating. With malice aforethought, they plan to run the U.S. government straight into bankruptcy and shut it down.

By bankrupting the Treasury, these people — the Tea Party, the Libertarians, the Anarchists, the tax protestors – hope to smash and destroy the government, and kill its hated programs and taxes. Then they will wave the American flag and celebrate.

Isn’t it sedition and treason to destroy from within the government of your own country?

Believers in this Tea Party and Libertarian conspiracy call themselves “Patriots.”  But aren’t they really traitors and turncoats?

– John Hayden

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American Debt Crisis: Rich and Powerful Demand Total Victory over Middle Class and Poor

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No. 3 in a series on the Debt Crisis of 2011.

President Barack Obama floated a trial balloon on the front page of the Washington Post on Thursday, in a long story that said the President is prepared to discuss cuts to both Medicare and Social Security. As the headline put it, Medicare and Social Security are “on the table,” otherwise known as the chopping block. No one quoted in the story was willing to have their name attached to the information.

In the whole, long newspaper story, the words “defense” and “defense cuts” were never mentioned. Not once. What? You mean Medicare and Social Security are on the table, but the elephantine defense budget is not? It’s not credible, not believable.

As Obama was supposedly preparing to sacrifice Medicare and Social Security, Republicans repeated their long-stated position: Tax increases for the rich are NOT “on the table.” Republicans allowed as how they might be willing to wheel and deal on tax breaks and loopholes, so long as the net effect is no increase in taxes on the rich.

Also yesterday, AARP, the largest organization representing senior citizens, made its position clear: The AARP opposes any cuts in Medicare and Social Security.

So, the lines are clearly drawn in the class war to divide up what’s left of the American Dream. The rich and powerful have made clear they will accept nothing less than total victory over the middle class and poor. President Obama hints he might be a willing accomplice in the cashing out of Medicare and Social Security. If so, it would be a presidential betrayal of the American people on a historic scale.

(If you cringe at the words class war, don’t forget that class warfare will probably be followed by generational warfare, pitting mother against daughter and grandfather against grandson. See “Divide And Conquer: The New Plan To End Social Security by Dividing America at 55.”)

Could President Obama possibly be serious about caving in to the rich and powerful on both Medicare and Social Security? Plus a player to be named later, Medicaid?

I hope the President is not serious. To balance the budget by cutting Medicare and Social Security for the middle class and the poor, while at the same time refusing to raise taxes on the rich by a single penny, would be a craven injustice. Remember, the rich are paying tiny taxes, compared to what they have paid historically, and their wealth continues to expand, in a continuing social transfer of assets from bottom to top.

In my opinion, there is nothing wrong with the American budget that could not be remedied by modest tax increases on the wealthy, accompanied by modest spending cuts in the defense budget. That’s what should be “on the table.”

I hope Obama floated this balloon simply to highlight how outrageous it would be to force the middle class and the poor to pay for the financial crisis created by the rich and powerful. In any event, the trial balloon provided an easy target for Democrats in Congress to shoot down.

Do you suppose that anyone is negotiating in good faith as the clock ticks down to financial default by the U.S. government?  If U.S. leaders fail to behave responsibly, the hard times ahead could test the fabric of American society like never before.

– John Hayden

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American Debt Crisis: A Cinder-Block Wall, Or A Screen Door?

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No. 1 in a series on the Debt Crisis of 2011.

The American political deadlock over debt and taxes is an enigma. It’s a monster with too many heads. Starting today, I’m doing a series of blogging quick takes, each post only a few sentences, zeroing in on one question. No more windy dissertations.

Today’s question: Is the world as we know it about to end, if Democrats and Republicans can’t agree to raise the debt ceiling?

The sovereign debts of the U.S. and other countries are huge beyond comprehension. But what is their real import? In the 1980s, when “fiscally responsible” Republicans were digging the debt hole, they decreed that deficits no longer matter. Could that possibly be true?

Is the debt crisis being trumped-up for ideological purposes, to kill Medicare, or Social Security?

To be sure, debt exists on paper, as bonds and notes and bookkeeping entries. But what, if anything, does the paper represent? Is national debt a tangible reality, like wood; or an abstract concept, light as air?

Better check under the bed. Is anyone hiding there?

Remember Y2K? End of the world. Planes were going to fall from the sky. Approaching Y2K, it looked like a cinder-block wall, into which civilization was going to crash and burn.

Arriving at Y2K, we passed through it like air through a screen door.

– John Hayden

(Quick-take rating for this post: 215 words.)

Now You See It, And Now You Don’t: Social Security, Medicare, and Medicaid in a Shell Game

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In honor of Tax Day

Image by swanksalot via Flickr

Welcome to the carnival. Watch closely . . .

The present attack  on “entitlements“ and “debt” is setting the American people up for a deal from hell, a deal the devil thinks we can’t refuse. Just my opinion.

Here’s the devious strategy:

  1. All-out attack on “entitlements,” vilifying Social Security, Medicare, and Medicaid . . .
  2. Grudging acknowledgment that the financial structure of Social Security is not so bad . . . compared to the evils of Medicare and Medicaid . . .
  3. Target Medicare and Medicaid as the two programs that will surely sink America, leading to financial collapse . . . (China will rule the world!) . . .
  4. But wait! Maybe there’s a way out . . .

If the American people will agree to kill Medicare and Medicaid, the titans of finance will extend Social Security (for a little while)!

(Do you doubt this mid-February opinion that Republicans would be so callous as to destroy Medicare and Medicaid? See the Republican budget plan, issued at the end of March, to destroy Medicare and Medicaid, among other things.)

Attention old folks and future old folks! Listen up: You can survive without Medicare, right? We’ll keep sending you a diminished Social Security check (no cost-of-living increase). It’s a fair deal. You keep Social Security, we take Medicare. Everyone has to share the pain, right? This will only hurt a little.

It’s a deal you can’t refuse, old folks and future old folks. Or can you? Watch the little ball. Keep you eye on the shells. Now you see it, now you don’t.

If Republicans and their wealthy patrons can pull this off, it will be the biggest public relations coup since the invention of  “the death tax.” Democrats are taking the bait.

– John Hayden

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Divide And Conquer: The New Plan To End Social Security By Dividing America at 55

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Now begins the cold-blooded campaign to destroy Social Security. The plan is to divide and conquer the American people along generational lines. Synchronize your calendars.

If you’re over 55, you’re a Social Security winner; if you’re under 55 you’re a Social Security loser. Life is a lottery based on a four-digit number, the year you were born.

The proponents of this cynical conspiracy intend to pit father against son, mother against daughter. The elders are comfortable, warm and well-fed. So what if the sons and daughters have to eat dog food in old age? Who cares?

FDR SIGNING THE SOCIAL SECURITY ACT, 1935. DO THESE PEOPLE LOOK LIKE COMMUNISTS? WikiMedia Commons Photo

Since the beginning, when President Franklin D. Roosevelt signed Social Security into law in 1935, some people have hated Social Security. The concept of lifting every elderly American off the dirt floor of poverty infuriates the cold-hearted and mean-spirited. The diehard opponents of Social Security live by their own “Golden Rule,” to wit:

“He who has the gold, rules.”

The spirit of Social Security is too good, too honest, too simple, too clear. Social Security is kindness and justice for every old man and old woman in America, backed by the full faith and credit of the United States government. Every old man and old woman deserves to live in dignity, with food to eat and a roof over their heads. What’s so hard to understand about that?

IDA MAY FULLER, RECIPIENT OF THE FIRST SOCIAL SECURITY CHECK. (THESE DAYS, YOU CAN GET DIRECT DEPOSIT.) SSA Photo

 

The Social Security safety net has been a blessing for every generation since the Great Depression. Medicare has been a life-saver for senior citizens in a health system run by unforgiving insurance companies. There is no good reason why Social Security and Medicare should not continue to be a blessing for today’s adults — whatever their age — and for their children and grandchildren. Where did this crazy idea of discriminating by age and generation come from? Oh, right. For the record, it came from Republicans.

(By the end of March2011, it appears clearly that Republicans intend to destroy Medicare and Medicaid first, by way of a scorched-earth budget policy. Please see my post, “Wilding in Washington: Last Stand of the White Men in Suits.”)

I’m 62, and no one I know among my contemporaries would wish upon their children and grandchildren a future without Social Security.

Only a fool would believe that children born in 2010 will be so healthy and wealthy, 65 years hence, that they will not need a safety net in old age. What is the logic, what is the fairness, in saying that America will keep faith with everyone over 55, and to hell with everybody under 55?

I wouldn’t stand for it, if I were 25 years old today, or 35, or 45. If you’re going to treat one group of people fairly, you must treat every group fairly.

Social Security is solvent right now. The propaganda claims it is not financially viable for the future. The propaganda is a lie. The most recent projections say it won’t run out of money until 2037.

All Social Security needs is minor adjustments to keep going past 2037, and going strong.  See 12 Ways To Fix Social Security.

Every machine needs routine maintenance. That is Social Security exactly. Congress made adjustments in the 1980s, and the machine has been running smoothly ever since. Right now is simply the time for the regular 100,000-mile maintenance.

To discriminate by age is not the American way. Divide American into the privileged and the have-nots at age 55? No way. Put your foot down. Open your window and scream. Just say no.

We can and must save Social Security for today’s 25-, 35-, and 45-year-olds.  With a little fine-tuning, Social Security will still be strong, for those over 55, and for all Americans. What do you think? – John Hayden

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My Life Organized Into “Projects”

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Social Security Poster: old man

Image via Wikipedia

So now I realize that my wayward life has become a series PROJECTS.

I use the word “project” in the baseball sense. Major League teams are eager to sign talented young players who are promising “prospects.” Note the difference between a prospect and a project.

A “prospect” has a real chance to make it in the Major Leagues, after a year or two in the minors. Baseball scouts have high expectations for a prospect. He probably gets a bonus simply for signing a contract. Hence, the term, “bonus baby.” Millions, sometimes, for raw talent.

A “project,” on the other hand, is a young player who appears to possibly have the makings of a Major Leaguer. But the wise old men of baseball understand that this player needs a lot of coaching, and maybe years of seasoning in the minors. Developing this rookie into a Major Leaguer is a project for the long term.  The outcome is by no means certain.

My projects are never going to the Major Leagues, but they will require perseverance to reach humble goals. I’ve already mentioned the first two projects:

  • My Austerity Project. The first part of this project is simply keeping a record of how much money I spend every day, with a goal of bringing my budget under control. The record keeping is easy enough, and I’m sticking with it every day. The frequency of unbudgeted expenses, however, is discouraging. The $328.33 for routine 50,000-mile maintenance on my car this past week, for example. This project is going to be like pushing a rock up a hill every day.
  • My Fitness Project. I mentioned that I got a good deal on a one-year gym membership. So far, I’ve been using the gym every third day, sometimes walking on one of the in-between days. I’d like to ratchet up the Fitness Project to every other day at the gym. Even better would be working out almost every day. Just showing up is clearly 80 percent of the Fitness Project. So far, so good.

In addition to Austerity and Fitness, the care and organization of my small and disorderly living space has achieved the status of full-fledged project. My Apartment Project. More on this to come soon, with “before” pictures.

And now I see that the Holiday Project is upon us again. This is primarily a Survival Project. The Holiday Project will make all the other projects more challenging. Normal life resumes on Jan. 2, 2011.

After the holidays looms My Job Project. Talk about a humble project! It’s weighing on my mind a little. But not too much, thanks to Social Security.

I feel a rant coming on soon about politicians who want to solve the national budget and debt crisis by killing Social Security. They want to throw aging workers under the bus. Or put us on an iceberg and let us drift out to sea.

Excuse me, but I’ve been paying taxes into Social Security since I went to work at McDonalds at age 16. Social Security is not like welfare, or even food stamps. My Social Security is b0ught and paid for. I own it. It belongs to me. Do I make myself clear?

As you can see, I’m dealing with a full load of projects here. And I haven’t even mentioned the Laundry Project, which has reached the top of the priority list for tomorrow, or the Blogging Project, the one that keeps me typing until the middle of the night.

If it weren’t for the Blogging Project, consisting of three different blogs (which is two blogs too many), I’d have more time to focus on the important projects.

– John Hayden

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Austerity Project, Day One

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On this first day of November, in the Year of Our Lord 2010, it’s time for me to begin.

After a lifetime of free spending, I’m changing my ways. I’ve never had expensive tastes, and in the past two years, I’ve downsized my lifestyle and focused on simple living.

Now, I have to get really serious. In June, I turned 62, and in August, I received my first Social Security payment, direct-deposited into my checking account. For a variety of reasons, it looks like I’ll never have a middle-class job again. So it’s me and Social Security, and whatever part-time or seasonal work I can find. The rent is covered, and a few other items that I still think of as “necessities.” (Food comes to mind.) But there’s no budget line for “discretionary spending.” There’s no financial margin for error or excess.

Therefore, I will begin today, Nov. 1, 2010, to keep a record of everything I buy, everything I spend, down to the dollar. Hopefully down to the penny. I call it my Austerity Project. I should have done this a long time ago.

I have one of those old-fashioned elementary-school composition books, bright red color, made in India, I forget how much I paid  for it. (See, that’s my problem. I never pay attention to how much I pay for the things I think I need. I need it, so I buy it.)

In this bright-red composition book, I will record every expenditure, every day. On this, the first day of the Austerity Project, I did one load of laundry at the laundromat ($3.25). While waiting for the clothes to dry, I had the off-season special from the Pizza place next door ($4.23, including tax, for two slices and a large Coke). I invested in an eight-pack of budget paper towels, which were on sale at Food Lion ($5.08). I bought a gallon of Turkey Hill iced tea and two bananas at Super Fresh ($3.65).

Total damage for Day One: $16.21.

Today was the last day of the 2010 election campaign, and tomorrow, Election Day, will be a long day volunteering at the polls. So I knew these first two days of the project were going to be hard on the budget. Tomorrow, I’ll probably grab a quick lunch at McDonald’s or someplace. The polls are open 7 a.m. to 8 p.m., so that probably means a couple shots of caffein during the day. Maybe a doughnut. Hey, Election Day is a special day for me. I’ll even go to a  party after the polls close.  Whether it’s a funeral or a celebration, I’ll buy at least one Coke at the cash bar.

Wednesday, the day after, will be hangover day, nothing to do but drive around and take down the campaign signs. No more excuses about hamburgers at McDonald’s or Cokes at 7-Eleven.

I never thought it would come to this. But then, I never was much of a realist.

I never thought a newspaper or a Coke would be a luxury I couldn’t afford. I can still enjoy those luxuries, but now, I must have discipline to drink the Coke at home, and read the newspaper at the library.

I’ll keep you posted on how it’s going.

– John Hayden

Social Security at 62, Because You Never Know What Might Happen Next

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I didn’t wake up yesterday knowing I’d have the opportunity to take a picture of a Studebaker pickup truck. I didn’t even know that Studebaker MADE pickup trucks.

See, you never know what you might learn on any given day, and you never know what might happen next. Expect the unexpected. So here’s this shiny burgundy Studebaker pickup waiting for me in the church parking lot.

Which leads to the point of this post. Life is too short to waste it writing only serious blog posts. Going forward, I will give priority to posts and photos that make me smile. Or that surprise me with the unexpected. If there’s any time left over, I might write something serious.

Perhaps this editorial policy will make Life After 60 a more interesting blog, while not losing sight of the reality that ordinary Americans might still be making an unscheduled crash landing in a storm of economic change.

I see this concept of writing the fun posts first as a sign of maturity. Delayed gratification has its place. But since I’m an over-sixty Baby Boomer, and I’m not flying as high as I used to, it seems like a perfectly mature and logical decision to eat dessert first.

To put it another way, since I’m losing altitude, it makes perfect sense to start collecting Social Security at age 62. The economy being what it is, and with age discrimination being a fact of life, it’s not surprising that Social Security at 62 is a trend among my generation (folks who are old enough to remember, with a smile, the Studebaker, the Edsel, and the Rambler.)