The average annual Social Security benefit is $13,000. Those living on that benefit are living on a little over a thousand a month. It is less for a single women because of unequal pay, average benefit is $11,000 a year for a career time of work. Of course, women outlive men in our society for many women are living on less than a thousand dollars a month. Imagine a life of being a part time worker and mother, her's benefits are half of that. The little talked about forgotten fact about Social Security is that it is capped at $160,000 for earners. Why should Bill Gates not pay in to it like the local fireman? If this one rule was changed, the benefits for all would double and media would have to stop talking about it going broke. Imagine the change in our total economy is money was out there in the market place.
While some politicians target the sick, the needy and the old they continue to consider the Pentagon budget untouchable. One declared war and another undeclared and more intelligent agencies that the public has a clue about are rat holes eating up our resources . Then the favorite, an unfunded tax break for the top one percent of wealthy has put us as a nation into financial collapse.
It is amazing to hear people say it can not get worst, logic says otherwise, $600 billion trade devastate each year with no tariffs in sight, nothing is going to change. 42,000 factories have closed since the year 2000. Our dollars are all going overseas.
Job loses, state and city cuts, mortgages defaults this adds up to a depression not a recession. There is no hope and cheerfulness in this society for 95% of the population.
No comments:
Post a Comment