Very good essay. My mom always tells me that her family depended on survivors benefits just to make ends meet, and my paternal grandma lived on it for years. We need something like Social Security, whatever form it happens to take.
I believe that Bill Cassidy co-sponsored a bill similar to what you’re proposing re the trust with a Democratic counterpart, and I know Moreno and Warren proposed a law raising the payroll tax cap. Some version of what you’re highlighting here, then, seems like it might realistically become law in the coming years, so that SS doesn’t run out of money just as people are getting ready to vote in 2032. If we wait until then, expect an irresponsible solution.
In less than a century, the world has become an unrecognizable mush of low consequence distractions. Technology is responsible for most of this however, systems of welfare naturally create weakness and dependency. Transfer payments such as Social Security and Medicare are in the same bucket as insurance and easy credit, which tend to encourage risk, insolvency and inflation. We have funded the dissolution of the family and neighbor community, and the value of currency, even while complaining about the same.
The solution to broken systems is rarely “more money“ but rather to clear out the dysfunctional support framework and instead keep responsibility where it belongs- within the individual, the family, and local institutions. The strength of an individual or a society will not increase absent stress. Struggle is not a bad thing, necessity is still the mother of invention.
excellent analysis politics and self interest have kept our heads buried I hope that we awaken soon
Thank you!
Very good essay. My mom always tells me that her family depended on survivors benefits just to make ends meet, and my paternal grandma lived on it for years. We need something like Social Security, whatever form it happens to take.
I believe that Bill Cassidy co-sponsored a bill similar to what you’re proposing re the trust with a Democratic counterpart, and I know Moreno and Warren proposed a law raising the payroll tax cap. Some version of what you’re highlighting here, then, seems like it might realistically become law in the coming years, so that SS doesn’t run out of money just as people are getting ready to vote in 2032. If we wait until then, expect an irresponsible solution.
Thank you! And yeah fingers crossed we get something ~responsible~ now while we still have time.
In less than a century, the world has become an unrecognizable mush of low consequence distractions. Technology is responsible for most of this however, systems of welfare naturally create weakness and dependency. Transfer payments such as Social Security and Medicare are in the same bucket as insurance and easy credit, which tend to encourage risk, insolvency and inflation. We have funded the dissolution of the family and neighbor community, and the value of currency, even while complaining about the same.
The solution to broken systems is rarely “more money“ but rather to clear out the dysfunctional support framework and instead keep responsibility where it belongs- within the individual, the family, and local institutions. The strength of an individual or a society will not increase absent stress. Struggle is not a bad thing, necessity is still the mother of invention.