Despite the multiple pledges by Trump and Republicans that they would never custodial Security, don’t believe them. Republicans opposed Social Security when it was created by FDR, and many still thinks it’s socialism, even though it’s not a handout. People have paid for it throughout their working like.
Thom Hartmann says they are looking for ways to cut Social Security but to do it quietly, so you hardly notice. Trump’s Chief budget-cutter Elon Musk doesn’t understand why anyone needs Social Security. He was recently interviewed by Joe Rogan and said that Social Security is “a Ponzi scheme.” It certainly is not. It’s not a grifter’s scheme to take people’s money. It pays out to everyone. Without it, very large numbers of older people would be impoverished.
Why would the world’s richest man know or care?
Hartmann warned:
The plan to “demolish” Social Security is underway right before our eyes: who will stop them?
The GOP’s plan to make Americans hate Social Security is well along in its execution. Their scheme — which they’ve been advancing in small increments for 44 years — is brilliantly simple: break the agency’s ability to respond to taxpayers, causing people to have to wait on the phone or travel for hours to stand in line for hours.
As complaints mount, Republicans will then point to the “broken Social Security Administration” and pitch a Medicare Advantage-like alternative: privatized “Social Security Advantage,” run by the big New York banks who are reliable GOP donors. Once a critical mass of seniors have moved from SS to the new privatized program, they’ll then just shut down legacy Social Security, arguing that “the free marketplace has spoken.”
The key to accelerating the process (Social Security’s administrative staff has been far too small for decades since Reagan first started cutting it) is a new demand from Trump’s acting Social Security Commissioner that the agency cut its workforce by fully fifty percent. Once that happens, all bets are off; the agency may not even be able to get checks out in a timely manner or process applications for new benefits, much less help SS recipients sign up or solve problems they may encounter.
As Congressman John Larson noted: “This is nothing more than a backdoor benefit cut and an insult to Americans who have paid into the system and earned their Social Security—all to pay for trillions in new tax cuts for the wealthy.”
Social Security Works president Nancy Altman was blunt: “Field offices around the country will close. Wait times for the 1-800 number will soar.” Larson added: “Let me be clear—laying off half of the workforce at the Social Security Administration and shuttering field offices will mean the delay, disruption, and denial of benefits.”
Meanwhile, Idaho’s Republican Senator Mike Crapo blocked Bernie Sanders’ attempt this week to give all seniors on Social Security a $2400 annual raise. Noting that the raise would be paid for by having people earning more than $250,000 a year start paying Social Security taxes on all their income above that amount (which is currently exempt from Social Security taxes), Congresswoman Jan Schakowsky (a co-sponsor of the legislation) said, “The Social Security Expansion Act will protect the national treasure that is Social Security by extending the trust fund’s solvency for 75 years and expanding benefits by $2,400 a year so that everyone in America can retire with the security and dignity they deserve after a lifetime of hard work.”
But big banks and the morbidly rich object, and they own the GOP…