Myrtle Beach Real Estate by Mirela

Koch Brothers Funding Misinformation About Social Security

  1. Social Security belongs to you—the workers who contribute to it—not the politicians in Washington.
  2. Social Security will never go bankrupt. Its major source of income comes from the contributions of workers and employers; as long as there are workers, Social Security will have income. Closing tax loopholes for wealthy individuals will increase the long term financial health of the program, and protect it for decades to come.
  3. Raising the retirement age is a terrible idea and a large benefit cut. If you were claiming benefits as a 66 year-old retired worker and the full retirement age was changed from 66, where it is today, to 69 your benefits would be cut 20 percent. A typical benefit would drop from $14,000 a year to $11,200 a year.
  4. Privatizing Social Security would be a disaster. Social Security is so valuable because it provides a guaranteed benefit. Privatizing Social Security would remove this guarantee and have people gamble their retirement savings in the casinos of Wall Street. If the recent financial crisis taught us anything, Wall Street is the last place where our money is safe.
  5. For more information, check out the Strengthen Social Security Campaign.

      You Tube      

 

 

Comment balloon 6 commentsMirela Monte • June 23 2011 01:00AM
Koch Brothers Funding Misinformation About Social Security
share
Social Security belongs to you —the workers who contribute to it—not the politicians in Washington. Social Security will never go bankrupt Its major source of income comes from the contributions of workers and employers; as long as… more
Bank Owned Lot with Deep Water Access on Winyah Bay For Only $7, 600!!!
share
Bank Owned Lot with Deep Water Access on Winyah Bay Overview Maps Photos Features … more
Condo for Sale on the North End of Myrtle Beach - 3 Balconies & 5…
share
The Oasis Overview Maps Photos Description &… more
Condo For Sale in Myrtle Beach - 2BR/2BA Right Across From Broadway…
share
Right Across From Broadway at The Beach Overview Maps Photos Features .. more