Social Security Benefits to be Slashed?

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Beowulf

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How do you guys feel about the likelihood of your Soc Sec benefits being cut 30 to 45 percent around next January?
Bush apparently plans to privatize Social Security if he stays in power...
http://www.alternet.org/story/20209
 
are you talking about SSI right?

well one of my friends thought that SSI is better than getting a job because once she gets a paycheck from SSI and go to the bank, the amount on the SSI check would increase alittle more to make you rich lol but I think my friend's actually kind of lazy since she can't find a job anywhere now lol
 
Beowulf said:
How do you guys feel about the likelihood of your Soc Sec benefits being cut 30 to 45 percent around next January?
Bush apparently plans to privatize Social Security if he stays in power...
http://www.alternet.org/story/20209
Click to expand...

Reprinted from NewsMax.com
Associated Press

Social Security to Rise 2.7 Pct. in 2005
NewsMax Wires
Wednesday, Oct. 20, 2004
WASHINGTON -- More than 47 million Americans will get a 2.7 percent increase in their Social Security checks starting in January, meaning an additional $25 per month for the typical retiree...

The cost of living adjustment, or COLA, announced Tuesday by the Social Security Administration will be the largest percentage gain since a 3.5 percent increase in 2001...The average Social Security retiree will see his benefit check increase from $930 this year to $955 next year.

...The 2.7 percent benefit increase will mean the average retired couple will see their Social Security benefits rise from $1,532 a month currently to $1,574 next year, a gain of $42 per month...

The cost of living adjustments announced Tuesday will go to more than 52 million people. That includes 47 million people receiving Social Security benefits; the rest receive Supplemental Security Income payments that go to the poor.

The standard SSI payment will go from $564 per month to $579 per month for an individual and from $846 to $869 for a couple.

The average monthly Social Security payment for disabled workers will increase from $871 currently to $895 next year.
Click to expand...
:)
 
I don't think that SSI or SSDI should be cut, but I also don't think that it should be abused. I've seen students here at NTID squander their checks on alcohol, drugs, and other things instead of paying for things they really need to use the money on such as car payments, plane tickets for visiting home, etc. There was one gal I knew who got something like $900 a month. She spent most of it on clothes and always complained that she couldn't afford to pay her monthly dues for her car. She ended up getting rid of her car for a cheaper car. :roll:
 
Reba said:
:)
Click to expand...
So? That article you quote is FOR THE PRESENT.
Bush has made it clear that he intends to "come out strong" in revamping and privatizing our Social Security system if he stays in power, so therefore that article is utterly meaningless.

A quote by Bush---
"They want the federal government controlling Social Security like it's some kind of federal program." --St. Charles, Missouri, Nov. 2, 2000

DUHHHH, Georgie Boy, because it IS! jeez

VOTE FOR KERRY!
 
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Beowulf said:
So? That article you quote is FOR THE PRESENT.
Click to expand...
You said, "How do you guys feel about the likelihood of your Soc Sec benefits being cut 30 to 45 percent around next January?"
I replied with, "More than 47 million Americans will get a 2.7 percent increase in their Social Security checks starting in January, meaning an additional $25 per month for the typical retiree..."
It looks like we are both discussing the same time period to me.

Bush has made it clear that he intends to "come out strong" in revamping and privatizing our Social Security system if he stays in power, so therefore that article is utterly meaningless.
Click to expand...
Well, it certainly does need revamping and some privatizing, so there is nothing wrong with that.
 
It was working fine until Bush got his hands on it. He raided the Social Security funds, 1.6 TRILLION DOLLARS, and gave it all away to the rich.
HOW can we trust this moron to keep out best interests at heart????
http://www.pww.org/past-weeks-2001/Bush budget%raids%20Social%Security.html

If you want to know how privatizing Social Security benefits will affect you, just go to searchalot.com and type in "privatizing Social Security"...the results will SHOCK you.

VOTE FOR KERRY!!

Dang, the link has timed out but there are MANY others...just educate yourselves, it is so easy. :)
 
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Beowulf said:
It was working fine until Bush got his hands on it.
Click to expand...
No it wasn't. Congress has been dipping into it for at least 30 years.
 
Reba said:
No it wasn't. Congress has been dipping into it for at least 30 years.
Click to expand...

That is just another lie on your part.
There was 1.8 TRILLION dollars in the Social Security fund at the time Bush took office.
YOU tell me what happened to it.

And The People's Weekly is NOT a communist paper. Anything you disagree with, you automatically call it unpatriotic or communist.
Try
http://www.democrats.org/specialreports/brokenpromises/social_security.html

They say the exact same thing the so-called "communist" paper does, so go ahead, call the democratic party communist as well, why don't you? Who are we supposed to trust...a fascist??
:booty:
 
Beowulf said:
And The People's Weekly is NOT a communist paper.
Click to expand...
Excuse me, but do you even read your own links? I read your link. I clicked on the "About Us" button. Here is what it says:

About Us
Author: PWW Web Dept.
: 12/07/01 14:14


The People’s Weekly World is the newspaper of the Communist Party, USA reporting on and analyzing the pressing issues of the day: peace, social and economic justice, workers’ rights, civil liberties, reproductive rights, protection of the environment, and more.

The PWW is the direct descendant of the Daily Worker and has been in the battles of the U.S. working class and people’s movements since the first issue of the Daily Worker came off the press in 1924.

http://www.pww.org/article/static/320/
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So I missed it.
So what? They speak of the same facts other "American" publications do.
I have yet to see YOU post anything other than mainstream sources.
Nice try to discredit it, though.
:nana:
 
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