Thom Hartmann Speaking about Social Security Crisis Myth

tune in.....

What would happen if every American paid the same percentage? What would happen if the rich man's exemption was removed?

The rich would be slightly less rich. And we simply can not have that. That is the problem with SS. That is the source of the SS "crisis". Per Thom.

On Edit: Anyone making moire than the cap (what is it, 96K?) gets a 13% bonus on the amount over the cap over the people making less. If the cap were lifted, every talking head on TV would have to pay more in taxes. Every hedge fund owner and trader would have to pay more in taxes. Every lawmaker in the Capitol would have to pay more in taxes. Even the President would have to pay more in taxes. Every conservative voice on the syndicated radio shows would have to pay more in taxes. Every pundit and every lobbyist would have to pay more in taxes.

That is the crisis. the Got-Mores want to continue being subsidized by the workers.

glad you did...

"problem" solved -- although the powers that be consider Social Security pampering the weak and in their Darwinian delusions would rather have those weak people go die under a bridge somewhere and "decrease the surplus population"...

That's the fastest rising expense...

And could be cured by simply extending an Enhanced and Improved Medicare for All and removing the vampires sucking profit out of the system.

anyone who listens to this show and walks away without being pissed off isn't suffering financially and looking at a future without any social saftey net. Frankly, those people are against those of us who are suffering...

I actually have a lot to learn on the current situation. So many rules have been changed out from under us by corporate interests, I am staying alert.