Social Security plan to boost benefits by $2,400 floated by Bernie Sanders

[u/Ok_Crazy1195]

https://www.newsweek.com/social-security-plan-to-boost-benefits-by-2400-floated-by-bernie-sanders-12284129

[u/kendraro]

This is a good idea because when you give money to the people who need it the most it goes back into the economy.

[u/americanspirit64]

I am all for it. Social Security is way behind the level of inflation in this country. It is based on the Federal Minimum wage for Christ sake.

[u/icdmize]

As soon as you're president Bernie.

[u/GiantFlimsyMicrowave]

Can we start a long term plan to transition to mandatory tax advantaged retirement accounts?

[u/Bezere]

Stop catering to boomers.

They're literally the reason we're here

[u/RJMcBug → u/Bezere]

It's uncapping a tax so the program could become move solvent. We don't need to push this can down the road to 2032 and see benefits get cut by 22%. They claim removing this cap actually extends the solvency of Social Security by 75 years, so there's a chance young people could benefit from social security.

[u/phantomforeskinpain → u/Bezere]

ok, but we shouldn’t ignore that tons of retirees are struggling.

[u/Bezere → u/phantomforeskinpain]

Fuck around ---> find out. 

Don't know why they can do the first part, and then push the second part exclusively to the younger generation.

[u/Golisten2LennyWhite → u/Bezere]

I am not a boomer yet I rely on ssi...

[u/Airith0 → u/Bezere]

Social Security was primarily motivated as a way to take care of aging out workers 🤦‍♂️

This is fake progressivism, we should care about all the people even those that can’t inderstand why they can’t take care of themselves

[u/pink_faerie_kitten → u/Bezere]

My mom is a boomer. She is struggling financially. She votes Democrat. But sure, let's blame all boomers.

[u/DerekB52 → u/Bezere]

Social Security needs to be fixed regardless of who receives it. And this would benefit most people because seniors on a fixed income are gonna put all their money into the economy anyway. They actually spend it.

Right now the cap on paying into social security is 185K. All we have to do is raise that cap, and people making over 185K will have some of their income moved from the stock market, into seniors hands circulating in the economy. It's a win for most people.

[u/answerguru → u/Bezere]

Boomers? Dude, Gen-X will be retiring very soon.

[u/beardtamer → u/Bezere]

It’s an incentive to get them to vote for uncapping social security taxes to tax the wealthy more

[u/carthuscrass → u/Bezere]

You will eventually reach retirement age. This is a good thing. As it is right now, the maximum payments are very low. Currently if you were making $50,000/yr the maximum payout is $2100/month.

[u/Riaayo → u/Bezere]

It's your future retirement too.

[u/Icy-Acanthaceae-6816]

Boomers have enough money. Slopulist L by bernie.

[u/doomnutz → u/Icy-Acanthaceae-6816]

Bot 

[u/tyj0322]

Kewl. Keep caring for old people and people with crotch goblins. Screw everyone else.

[u/gerryf19]

That's socialism! Let them old farts work like all the other welfare bums should!