Steve Kelley for March 15, 2023

Well, the GOP has been doing everything in its power to kill Social Security for decades. If you want to keep Social Security healthy, dump the Republicans.

The uniparty prefers campaign on fixing SS and Medicare rather than fixing it. Same with the border and a bunch of other things.

Only the Democrats had the political courage to raise taxes and cut benefits to keep the program going, kudos to them.

As we watch Red State Republicans murdering education at all levels….

Imagine two young people actually reading a physical newspaper.

What benefits did they cut? Whom did they eliminate?

And don’t forget that SVB catered to companies that represented Chinese investors. Yeah. we bailed out China.

None of these banks are failing because of politics. One failed because of the scam called cryptocurrency. The other was the bank of choice for people who want to invest in risky businesses.

On the other hand, Social Security is in trouble because the rhetoric of both sides makes it impossible to implement the things that would make it more solvent.

It’s very easy to make Social Security work. At the present time, Social Security taxes are only deducted on the first $160 something of income for 2023. If people making more than that paid the same percentage on all of their income as those below it, it would save the program for eternity. At the time SS began, the income inequality gap wasn’t such an issue. Now, with 1% of the people having as much wealth as the bottom 90%, all that would be necessary for the entire country to work for everyone is to have that 1% pay their fair share.

Might want to learn something from the neighbors to the north.

Canada’s banking system is a textbook example of stability. The country has managed to have zero banking failures even during the period of the Great Depression.

But that’s what happens when you have an appropriate level of government regulation.

Imagine people having over $250,000 and putting it all in one bank. I have my funds in two banks, and if I get more money I’ll move those funds to yet another bank for the max protection afforded by the FDIC. I wouldn’t expect the US government to save my assets because of my stupidity.

“Every campaign season the Republicans claim the Democrats will take their guns. And, the Democrats never do. How long will this stupid lie work?”

Fixed it so the troll might understand.

Go woke go broke!

OK, time to remove the cap on SSI withholding on earnings, and then also add it to capital gains! Solvency guaranteed.

It’s easy to make social security solvent – raise the cap on FICA.

Seems that someone has forgotten who loosened the bank controls that seem to have been instrumental in the SNB collapse. Hint: rhymes with dump.