Social Security is Safe with Democrats
I'm belaboring the point to make a point: Social Security is the proud legacy of democratic values and ideals. It's the best example of effective government caring for its disabled and elderly population. Yes the system needs to be fine tuned to match today's longer living population, but the system as a whole works. Those who claim otherwise don't trust you enough to give you the real facts as projected by the Congressional Budget Office. They have their own hidden agenda - to dismantle a highly successful program created by democrats while rewarding their political allies (financial & banking firms) with trillions of dollars of your money which they will collect in fees and maintenance charges, if privatization becomes law.
In 2005 you have a choice. Stand with Democrats to save Social Security or tear apart America's finest example of real compassionate conservatism for your neighbors.
IFK will be closely following the upcoming debate throughout 2005 and urges people to write their congressional representatives to support the democratic safeguarding of Social Security.
Find and contact your Senators and Representatives.
For Additional Reading:
FROM BUSINESS WEEK MAGAZINE
Social Security Crisis? What Crisis?
Modest benefit cuts and revenue increases would solve the shortfall
FROM MONEY MAGAZINE
Social Security: Crisis? What crisis?
Not only is Social Security not in crisis, it is as financially sound as ever, according to the liberal Center for Economic and Policy Research, run by Mark Weisbrot and Dean Baker, coauthors of "Social Security: The Phony Crisis."
Here's their argument:
Social Security can pay full benefits as promised until 2042 according to this year's Social Security trustees report (or 2052 if you use projections from the Congressional Budget Office). Thereafter it will be able to pay about 75 percent to 80 percent of promised benefits. Read more
READING FROM THE CBO
SOCIAL SECURITY: A PRIMER