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Joe Economist

Member since Dec 18, 2012

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Posted by:

Joe Economist on 12/18/2012 at 12:29 PM

Re: “Grijalva: Problems With Social Security Cuts in Fiscal-Cliff Deal”

"Lifting the cap on high earners paying into Social Security is a real fix that would make the program solvent indefinitely."

This is simply a lie. No credible resource says that ELIMINATING the cap will make Social Security SOLVENT. Politicians will say anything.
Posted by:

Joe Economist on 12/18/2012 at 12:27 PM

Re: “Grijalva: Problems With Social Security Cuts in Fiscal-Cliff Deal”

The reasoning here is completely flawed. By federal law no one can enter the country without documentation so we can't have illegal immigrants.

The logic here worse. The federal law says that we don't count Social Security toward the deficit. That doesn't mean that it doesn't contribute to it.