Angry Bear » social security

There has always been a lot of misinformation and frank dishonesty surrounding Social Security. Here are three things that Social Security isn’t: 1. A retirement investment. Social Security is ...

https://angrybearblog.com/2024/04/what-social-security-isnt#utm_source=rss&utm_medium=rss&utm_campaign=what-social-security-isnt

by Dale Coberly No. It’s not. Here is why. The argument for ending the tax on Social Security benefits seems to be that “it is a tax on a tax”, double taxing, and not fair. Even the good gu...

https://angrybearblog.com/2024/04/end-the-tax-on-social-security-a-good-idea#utm_source=rss&utm_medium=rss&utm_campaign=end-the-tax-on-social-security-a-good-idea

I was looking for a report through 2022 on housing. This was the best I could do. Maybe later? The report is about households with or without SS beneficiaries who are renting, homeowners with mor...

https://angrybearblog.com/2024/01/housing-expenditures-impact-of-social-security-beneficiaries-2005-2018#utm_source=rss&utm_medium=rss&utm_campaign=housing-expenditures-impact-of-social-security-beneficiaries-2005-2018

In a previous post, I mentioned an effective way to curtail illegal immigration—require all employees to be screened through E-Verify—and some reasons why it won’t be adopted. Another disin...

https://angrybearblog.com/2023/11/illegal-immigration-and-social-security-medicare#utm_source=rss&utm_medium=rss&utm_campaign=illegal-immigration-and-social-security-medicare

Dale Coberly Talks Social Security . . . For over ten years I have been telling anyone who would listen . . . about ten people . . . that the great “Looming Unfunded Twenty-Two Trillion Dollar ...

https://angrybearblog.com/2023/09/no-free-lunch-ignoring-social-securitys-timely-cheap-fix-will-you#utm_source=rss&utm_medium=rss&utm_campaign=no-free-lunch-ignoring-social-securitys-timely-cheap-fix-will-you

How the Super Rich Are Killing Social Security, Robert Reich Blog, Robert Reich Since Angry Bear has a well known expert on Social Security in the name of Dale Coberly, I like to post other comme...

https://angrybearblog.com/2023/07/how-the-super-rich-are-killing-social-security#utm_source=rss&utm_medium=rss&utm_campaign=how-the-super-rich-are-killing-social-security

Dale Coberly talking about reforming entitlements and the impact on Social Security . . . CRFB, “The Committee For a Responsible Federal Budget”, is an organization dedicated to reducing the...

https://angrybearblog.com/2023/03/social-security-crfb-lets-cat-out-of-the-bag-no-one-notices#utm_source=rss&utm_medium=rss&utm_campaign=social-security-crfb-lets-cat-out-of-the-bag-no-one-notices

Introduction: FFS Medicare Overhead costs are ~2%. Medicare Advantage overhead costs are far higher. The same can be said for commercial healthcare costs paid by insurance companies. Neither MA a...

https://angrybearblog.com/2022/10/republicans-plan-to-use-debt-limit-leverage-to-cut-social-security-and-medicare#utm_source=rss&utm_medium=rss&utm_campaign=republicans-plan-to-use-debt-limit-leverage-to-cut-social-security-and-medicare

Dale Coberly; USA Today Report of Biden Speech not as bad as it might have been. It still amounts to a lie by Misdirection. On September 27, USA TODAY published an article which AB suggested I re...

https://angrybearblog.com/2022/10/biden-vows-to-save-social-security-and-medicare-in-face-of-shortfalls#utm_source=rss&utm_medium=rss&utm_campaign=biden-vows-to-save-social-security-and-medicare-in-face-of-shortfalls

This was sent to me by Dale Coberly. I was wondering why Dale was sending me trash advertisements. Skimmed it and then it dawned on me. Much of this advertising is made to sway people’s minds t...

https://angrybearblog.com/2022/09/finally-some-accountability-for-medicare-advantage-ads#utm_source=rss&utm_medium=rss&utm_campaign=finally-some-accountability-for-medicare-advantage-ads

Dale Coberly: The 2022 Social Security Report came out on June 2. There were no surprises. Things are still predicted to turn out pretty much as they have been predicted to turn out since the 199...

https://angrybearblog.com/2022/06/social-security-report-2022#utm_source=rss&utm_medium=rss&utm_campaign=social-security-report-2022

Dale Coberly has written on Social Security numerous times over the years. The Northwest Plan which he developed was recognized by the SS Administration as being a potential solution to a shortfa...

https://angrybearblog.com/2022/06/2022-social-security-trustees-report#utm_source=rss&utm_medium=rss&utm_campaign=2022-social-security-trustees-report

“Democrats Introduce Plan To Fix Social Security, the way we fixed the cat,” Commenter and Social Security Expert Dale Coberly assesses the latest plan coming out of Washington DC “Congress...

https://angrybearblog.com/2021/10/democrats-introduce-plan-to-fix-social-security#utm_source=rss&utm_medium=rss&utm_campaign=democrats-introduce-plan-to-fix-social-security

Michael Smith on the Open Thread: “‘Found this interesting. Tucked in the reconciliation bill they want to mandate employers with 5+ employees to contribute up to 10% to an IRA. Failure to do...

https://angrybearblog.com/2021/10/hidden-in-the-reconciliation-bill-a-mandate#utm_source=rss&utm_medium=rss&utm_campaign=hidden-in-the-reconciliation-bill-a-mandate

by Dale Coberly Condorcet and Malthusian essay relevant to Social Security and the problem of too much kindness Goetzman: “In 1794 as the Reign of Terror raged The post Condorcet and Malt...

https://angrybearblog.com/2021/09/condorcet-and-malthusian-essay-relevant-to-social-security-and-the-problem-of-too-much-kindness#utm_source=rss&utm_medium=rss&utm_campaign=condorcet-and-malthusian-essay-relevant-to-social-security-and-the-problem-of-too-much-kindness

Reader and poster Dale Coberly updating Angry Bear readers on recent Social Security findings in the 2020 report. Reader Bruce Krasting had alerted Angry Bear to the publication by the Social Sec...

https://angrybearblog.com/2020/12/social-security-trustees-update-2020-report-to-include-effects-of-covid-recession#utm_source=rss&utm_medium=rss&utm_campaign=social-security-trustees-update-2020-report-to-include-effects-of-covid-recession

by Dale Coberly; CORONA VIRUS AND SOCIAL SECURITY, ANOTHER GRAND BARGAIN? Republicans are showing what they are made of. After claiming that the Corona Virus was not serious, or was well contain...

https://angrybearblog.com/2020/03/corona-virus-and-social-security-another-grand-bargain#utm_source=rss&utm_medium=rss&utm_campaign=corona-virus-and-social-security-another-grand-bargain

(Dan here…reposted due to discussion in a previous thread) CRS: Social Security: What Would Happen If the Trust Funds Ran Out? Bruce Webb | July 21, 2015 Very interesting paper that I missed ...

https://angrybearblog.com/2020/01/crs-social-security-what-would-happen-if-the-trust-funds-ran-out-2#utm_source=rss&utm_medium=rss&utm_campaign=crs-social-security-what-would-happen-if-the-trust-funds-ran-out-2

(Dan here….)  Via the New York Times comes an article on the Social Security shortfall.  No explanations given for what the shortfall context is, and not till the end was a fix suggested.  I...

https://angrybearblog.com/2019/06/social-security-and-the-nyt#utm_source=rss&utm_medium=rss&utm_campaign=social-security-and-the-nyt

by Dale Coberly The bad news is that we have slipped past the day when we could have saved Social Security from ever reporting “short term actuarial insolvency” by raising the payroll tax one...

https://angrybearblog.com/2019/05/social-security-a-little-bad-news-sorta-and-a-little-good-news-sorta#utm_source=rss&utm_medium=rss&utm_campaign=social-security-a-little-bad-news-sorta-and-a-little-good-news-sorta

by Dale Coberly KOTLICOFF ON THE HILL with Social Security Larry Kotlikoff wrote an editorial that appeared May 14 in “The Hill:”  “Social Security Just Ran a $9 Trillion Deficit and Nobod...

https://angrybearblog.com/2019/05/larry-kotlikoffs-social-security-editorial-in-the-hill#utm_source=rss&utm_medium=rss&utm_campaign=larry-kotlikoffs-social-security-editorial-in-the-hill

(Dan here…Social Security is an issue that seems to generate a lot of firm beliefs and passion, as witness recent threads.  It is rare that people refer to actuary material.  On the other sid...

https://angrybearblog.com/2019/04/reposted-from-jan-2018-social-security-and-conversation#utm_source=rss&utm_medium=rss&utm_campaign=reposted-from-jan-2018-social-security-and-conversation

by Dale Coberly SOCIAL SECURITY TRUSTEES REPORT OUT TODAYor was it yesterday? Ho Hum.  The 2019 Social Security Trustees Report was released yesterday. The Committee for a Responsible Federal Bu...

https://angrybearblog.com/2019/04/social-security-trustees-report-out-today-or-was-it-yesterday#utm_source=rss&utm_medium=rss&utm_campaign=social-security-trustees-report-out-today-or-was-it-yesterday

Robert J. Samuelson Also Exaggerates Social Security Problems Not really a surprise, after all, it is Monday, and RJS has been at this for quite a long time at his post at WaPo.  But the recent ...

https://angrybearblog.com/2018/06/robert-j-samuelson-also-exaggerates-social-security-problems#utm_source=rss&utm_medium=rss&utm_campaign=robert-j-samuelson-also-exaggerates-social-security-problems

AP Exaggerates Social Security Problems Dean Baker at Beat-the-Press has pointed out (sorry, not able to link to it) that Associated Press put out a tweet that presents an essentially hysterical ...

https://angrybearblog.com/2018/06/ap-exaggerates-social-security-problems#utm_source=rss&utm_medium=rss&utm_campaign=ap-exaggerates-social-security-problems

by Dale Coberly SOCIAL SECURITY TRUSTEES REPORT: There is yet time, brother. But not much. The Social Security Trustees have issued their annual report. It is not much changed from last year. In...

https://angrybearblog.com/2018/06/social-security-trustees-report-2#utm_source=rss&utm_medium=rss&utm_campaign=social-security-trustees-report-2

Nancy Altman reminds us that Social Security is NOT off the table for Republicans via this post Republicans Are Killing Social Security One Tiny Service Cut at a Time at Slate: Republicans have...

https://angrybearblog.com/2018/01/republicans-are-killing-social-security-one-tiny-service-cut-at-a-time#utm_source=rss&utm_medium=rss&utm_campaign=republicans-are-killing-social-security-one-tiny-service-cut-at-a-time

How to kill Social Security in 2 easy steps Here’s Kevin Drum advocating for step 1:  the best way to address retirement security is to continue reforming 401(k) plans and to expand Social S...

https://angrybearblog.com/2017/09/how-to-kill-social-security-in-2-easy-steps#utm_source=rss&utm_medium=rss&utm_campaign=how-to-kill-social-security-in-2-easy-steps

It Is Monday, And WaPo Bashes Social Security Again What a surprise, the Washington Post is at it again, and it is the usual culprit, Robert J. Samuelson. Of course he has his attack buried under...

https://angrybearblog.com/2017/09/it-is-monday-and-wapo-bashes-social-security-again#utm_source=rss&utm_medium=rss&utm_campaign=it-is-monday-and-wapo-bashes-social-security-again

by Dale Coberly SOCIAL SECURITY AT BERNIESTOCK Last Sunday I gave a very short talk about Social Security at a political rally and outdoor party called Berniestock in Lebanon, Oregon. It was not ...

https://angrybearblog.com/2017/07/social-security-at-berniestock#utm_source=rss&utm_medium=rss&utm_campaign=social-security-at-berniestock

by Dale Coberly FIX THE DEBT WANTS TO SAVE SOCIAL SECURITY BUT WHY? I received an email a few days ago from Chris Dreibelbis, Fix the Debt, purporting to explain “why the Social Security Truste...

https://angrybearblog.com/2017/07/fix-the-debt-wants-to-save-social-security-but-why#utm_source=rss&utm_medium=rss&utm_campaign=fix-the-debt-wants-to-save-social-security-but-why

by Dale Coberly MAYA MACGUINEAS COMMITTEE FOR A RESPONSIBLE FEDERAL BUDGET (CRFB) TALKS BACKWARDS ABOUT SOCIAL SECURITY IN THE NEW YORK TIMES…NOBODY THE WISER Here is what she said: “and “p...

https://angrybearblog.com/2017/05/maya-macguineas-talks-backwards-about-social-security#utm_source=rss&utm_medium=rss&utm_campaign=maya-macguineas-talks-backwards-about-social-security

Lifted from comments by Dale Coberly… This year’s Social Security Trustees Report seems to be late as usual. But this is the LAST year that a gradual increase in the payroll tax can begin and...

https://angrybearblog.com/2017/05/social-security-and-north-west-plan#utm_source=rss&utm_medium=rss&utm_campaign=social-security-and-north-west-plan

by Barkley Rosser  (originally from Econospeak) Trumpcare Saves Social Security By Killing People! Yes, there it is in black and white in Table 3 footnote f on p. 33 of the Congressional Budget ...

https://angrybearblog.com/2017/03/trumpcare-saves-social-security-by-killing-people#utm_source=rss&utm_medium=rss&utm_campaign=trumpcare-saves-social-security-by-killing-people

by Dale Coberly GOP PLANS TO GUT SOCIAL SECURITY The  Republicans have opened a new assault on Social Security.  At present all I know about it is what I read  in a Talking Points Memo by Tier...

https://angrybearblog.com/2016/12/gop-plans-to-gut-social-security#utm_source=rss&utm_medium=rss&utm_campaign=gop-plans-to-gut-social-security

Alan Greenspan, the former chairman of the Federal Reserve, weighed in last week on one of the pressing issues facing the incoming Trump administration and the country — slow economic growth. G...

https://angrybearblog.com/2016/11/alan-greenspan-forecasts-extremely-low-economic-growth-for-germany-finland-norway-denmark-sweden-holland-and-canada#utm_source=rss&utm_medium=rss&utm_campaign=alan-greenspan-forecasts-extremely-low-economic-growth-for-germany-finland-norway-denmark-sweden-holland-and-canada

by Dale Coberly SOCIAL SECURITY TRUSTEES REPORT An Overview of the Overview The 2016 Trustees Report  didn’t have much new to say, so the usual commentators were free to say what they have alw...

https://angrybearblog.com/2016/06/social-security-trustees-report#utm_source=rss&utm_medium=rss&utm_campaign=social-security-trustees-report

Linda is returning to blogging again.  Welcome back.   Dan by Linda Beale Finance Committee acts/doesn’t act on important Tax Court, Social Security, and HHS Appointments As the Senate Financ...

https://angrybearblog.com/2016/04/finance-committee-actsdoesnt-act-on-important-tax-court-social-security-and-hhs-appointments#utm_source=rss&utm_medium=rss&utm_campaign=finance-committee-actsdoesnt-act-on-important-tax-court-social-security-and-hhs-appointments

By law the Annual Social Security Report is due by April 1. But as in every year for the last decade this deadline was missed and of course without explanation or excuse, leaving Social Security ...

https://angrybearblog.com/2016/04/social-security-solvency-unfunded-liability-debt-crisis-part-one#utm_source=rss&utm_medium=rss&utm_campaign=social-security-solvency-unfunded-liability-debt-crisis-part-one

The argument behind MJ.ABW in relation to Social Security (More Jobs. At Better Wages) by real economist and mentor Dean Baker of CEPR. Also an implicit underpinning of the Northwest Plan for a R...

https://angrybearblog.com/2015/12/dean-baker-an-aging-society-is-no-problem-when-wages-rise#utm_source=rss&utm_medium=rss&utm_campaign=dean-baker-an-aging-society-is-no-problem-when-wages-rise

CBO’s 2015 Long-Term Projections for Social Security: Additional Information The Social Security Policy Options, 2015 was not the only report released by CBO yesterday. You have this one fillin...

https://angrybearblog.com/2015/12/cbos-2015-long-term-projections-for-social-security-additional-information#utm_source=rss&utm_medium=rss&utm_campaign=cbos-2015-long-term-projections-for-social-security-additional-information

Social Security Policy Options, 2015 Update of 2010’s Social Security Policy Options 36 Options for Social Security. Scored by CBO. Numbers! Graphs! Open Thread! (Because I haven’t read it ye...

https://angrybearblog.com/2015/12/cbo-social-security-policy-options-2015#utm_source=rss&utm_medium=rss&utm_campaign=cbo-social-security-policy-options-2015

US life expectancy flat for third year Life expectancy in the United States has stalled for three straight years, the government announced Wednesday. A child born last year can expect to make it ...

https://angrybearblog.com/2015/12/us-life-expectancy-flat-for-third-year#utm_source=rss&utm_medium=rss&utm_campaign=us-life-expectancy-flat-for-third-year

Bill Clinton had a line during his 1992 campaign that he said, mantra-like, so often in fact that eventually it lost its meaning and was just a cringe-inducing song-like chorus.  The line, the s...

https://angrybearblog.com/2015/10/instead-of-nominating-marko-rubio-the-republicans-should-just-cut-out-the-pretense-and-nominate-his-doppelganger-charlie-mccarthy#utm_source=rss&utm_medium=rss&utm_campaign=instead-of-nominating-marko-rubio-the-republicans-should-just-cut-out-the-pretense-and-nominate-his-doppelganger-charlie-mccarthy

Way to rally the base Turtle Neck! NY Times: No Social Security Raises Even if Medicare Soars WASHINGTON — The 60 million people on Social Security will not receive any cost-of-living increase ...

https://angrybearblog.com/2015/10/shorter-mitch-mcconnell-zero-social-security-cola-too-generous#utm_source=rss&utm_medium=rss&utm_campaign=shorter-mitch-mcconnell-zero-social-security-cola-too-generous

I have been working off and on, well mostly off because of ‘life’ and ‘laziness’, since 2010 on a project I modestly called the Social Security Defender. It is all built around a Google a...

https://angrybearblog.com/2015/07/social-security-defender-archive-including-northwest-plan-docsspreadsheets#utm_source=rss&utm_medium=rss&utm_campaign=social-security-defender-archive-including-northwest-plan-docsspreadsheets

CEPR’s Dean Baker: Wage Growth Continues to be the Key to Social Security Solvency Dean Baker and colleague Mark Weisbrot have been making a steady case since their publication of the aptly nam...

https://angrybearblog.com/2015/07/dean-baker-on-the-2015-socsec-report-and-real-wage#utm_source=rss&utm_medium=rss&utm_campaign=dean-baker-on-the-2015-socsec-report-and-real-wage

Table IV.B5.—Components of Summarized Income Rates and Cost Rates,Calendar Years 2015-89Lots of numbers here but the only ones want to focus on are those in the last column, those which show ac...

https://angrybearblog.com/2015/07/table-iv-b5-social-security-oas-and-di-actuarial-balances-by-25-year-subperiod#utm_source=rss&utm_medium=rss&utm_campaign=table-iv-b5-social-security-oas-and-di-actuarial-balances-by-25-year-subperiod

Hmmm. I think I’ll just let people have fun figuring out what this all means. Hover over the image or double click and you should get legible version. Hint the meanings of ‘past’ ‘current...

https://angrybearblog.com/2015/07/2015-social-security-report-infinite-future-fun#utm_source=rss&utm_medium=rss&utm_campaign=2015-social-security-report-infinite-future-fun

At 1:30 EDT the Trustees of Social Security will hold a media availability at which they will release the 2015 Social Security and Medicare Reports. If past practice holds the Reports will be rel...

https://angrybearblog.com/2015/07/2015-social-security-report-release-day-wupdates#utm_source=rss&utm_medium=rss&utm_campaign=2015-social-security-report-release-day-wupdates

The basic reason is simple: it undercuts the broader progressive agenda. Also it buys into a particular Right economic meme. Both are huge mistakes. To understand this we need to step back and ex...

https://angrybearblog.com/2015/06/why-progressives-should-reject-social-security-cap-increases#utm_source=rss&utm_medium=rss&utm_campaign=why-progressives-should-reject-social-security-cap-increases

The things we have in this country were given to us by God, not by government. — Perry: Government isn’t your savior, Nick Gass, Politico, today Social Security and Medicare were given to us ...

https://angrybearblog.com/2015/06/rick-perry-says-social-security-and-medicare-were-given-to-us-by-god-seriously#utm_source=rss&utm_medium=rss&utm_campaign=rick-perry-says-social-security-and-medicare-were-given-to-us-by-god-seriously

by Dale Coberly Social Security Works  by Nancy Altman and Eric Kingson A friendly review from a different perspective. I have great respect for Altman and Kingson for the work they they have do...

https://angrybearblog.com/2015/04/social-security-works-a-friendly-review-from-a-different-perspective#utm_source=rss&utm_medium=rss&utm_campaign=social-security-works-a-friendly-review-from-a-different-perspective

Long time readers of Angry Bear will be familiar with the Northwest Plan for a Real Social Security Fix. It has been pushed here in a series of posts and in innumerable comments (mostly by Dale C...

https://angrybearblog.com/2015/04/northwest-plan-for-social-security-conservative-workers-take-your-medicine-ism-and-why-this-social-democrat-likes-it#utm_source=rss&utm_medium=rss&utm_campaign=northwest-plan-for-social-security-conservative-workers-take-your-medicine-ism-and-why-this-social-democrat-likes-it

Publisher’s (New Press) webpage: Social Security Works! More below the fold. Non-disclaimer: I bought my copy. Nobody gave me one for review or to plug. Disclaimer: I am a casual friend of auth...

https://angrybearblog.com/2015/02/social-security-works-the-book#utm_source=rss&utm_medium=rss&utm_campaign=social-security-works-the-book

FISCAL YEAR 2016 ANALYTICAL PERSPECTIVES OF THE U.S. GOVERNMENT (406pp PDF) For those not familiar with it the Analytical Perspectives is a companion to the President’s Annual Budget and is a m...

https://angrybearblog.com/2015/02/analytical-perspectives-on-the-budget-fy-2016#utm_source=rss&utm_medium=rss&utm_campaign=analytical-perspectives-on-the-budget-fy-2016

CBO Budget and Economic Outlook: 2015 to 2025 Document link for Robert’s post. Lots of numbers here, including a new Jan 2015 Baseline for Social Security Just started poking at the numbers but...

https://angrybearblog.com/2015/01/cbo-budget-and-economic-outlook-2015-to-2025#utm_source=rss&utm_medium=rss&utm_campaign=cbo-budget-and-economic-outlook-2015-to-2025

Who or what is ‘Social Security Defender’? Well it is basically a G-mail account controlled by me: socsec.defender@gmail.com . Which is kind of pretentious and vainglorious on my part but doe...

https://angrybearblog.com/2015/01/social-security-defender-shared-files#utm_source=rss&utm_medium=rss&utm_campaign=social-security-defender-shared-files

Table V.B1: Principal Economic Assumptions More numbers!! Comments on process and content more than welcome. Because at AB we are all about the numbers and I just want to give an assist. Update: ...

https://angrybearblog.com/2015/01/2014-social-security-table-v-b1-principal-economic-assumptions#utm_source=rss&utm_medium=rss&utm_campaign=2014-social-security-table-v-b1-principal-economic-assumptions

Table V.B2: Additional Economic Assumptions Well I am back and working on a new project in anticipation of the release of the 2015 Report this late Spring. The project involves extracting the Tab...

https://angrybearblog.com/2015/01/social-security-report-tables-figures-a-project-sample-table-v-b2#utm_source=rss&utm_medium=rss&utm_campaign=social-security-report-tables-figures-a-project-sample-table-v-b2

Dan here…Via the LA Times and LA Times and Common Dreams comes information on the first day of the new Congress on Social Security. Old ideas re-emerge in the variety of coverage in media.  H...

https://angrybearblog.com/2015/01/social-security#utm_source=rss&utm_medium=rss&utm_campaign=social-security

Holiday present for you via Congress and the Cromnibus. Tucked into the massive spending bill Congress passed this weekend was legislation that reversed 40 years of federal law protecting retiree...

https://angrybearblog.com/2014/12/pensions-social-security#utm_source=rss&utm_medium=rss&utm_campaign=pensions-social-security

While I was reading an article on the web this morning from my phone, up popped one of those incessant anti-Obama/anti-Obamacare “take-a-survey” ads—one of those little square red-and-white...

https://angrybearblog.com/2014/10/repeal-lyndonjohnsoncare#utm_source=rss&utm_medium=rss&utm_campaign=repeal-lyndonjohnsoncare

Highlights: There was this at the Senate debate in Iowa on Sunday: “I will fight hard to protect Social Security and Medicare for seniors like my mom and dad because our Greatest Generation has...

https://angrybearblog.com/2014/10/gail-collins-dont-miss-column-on-social-security-and-on-joni-ernst-today#utm_source=rss&utm_medium=rss&utm_campaign=gail-collins-dont-miss-column-on-social-security-and-on-joni-ernst-today

Barkley Rosser at Econospeak writes an op-ed on the Washington Post’s reporting: Dana Milbank Joins Parade Of WaPo Hysterics Over Social Security And Medicare Dean Baker has posted on this more...

https://angrybearblog.com/2014/09/dana-milbank-joins-parade-of-wapo-hysterics-over-social-security-and-medicare#utm_source=rss&utm_medium=rss&utm_campaign=dana-milbank-joins-parade-of-wapo-hysterics-over-social-security-and-medicare

by Dale Coberly FINANCING SOCIAL SECURITY A BOB BALL APPROACH Bob Ball proposed in 2007 (www.robertmball.org quoted in NASI “Fixing Social Security” Reno and Lavery, 2009, p 14) a “balancin...

https://angrybearblog.com/2014/08/financing-social-security-a-bob-ball-approach#utm_source=rss&utm_medium=rss&utm_campaign=financing-social-security-a-bob-ball-approach

The above is an extract from a 2012 National Academy of Social Insurance publication entitled Social Security: What do Americans Want. There is much to see and read in this publication and I urge...

https://angrybearblog.com/2014/07/social-security-what-do-americans-want#utm_source=rss&utm_medium=rss&utm_campaign=social-security-what-do-americans-want

2014 Long Term Budget Outlook (pdf 64pp) While we are still waiting on the 2014 Social Security Report we do have today the release of CBO’s annual Budget Outlook which among other parts does i...

https://angrybearblog.com/2014/07/cbo-releases-2014-long-term-budget-outlook#utm_source=rss&utm_medium=rss&utm_campaign=cbo-releases-2014-long-term-budget-outlook

Stay with me here. Because I am almost serious about this proposal. Or at least it highlights the contradictions (while not Heightening the Contradictions). The Border Crisis: tens of thousands o...

https://angrybearblog.com/2014/07/fixing-the-border-crisis-and-social-security-in-one-go#utm_source=rss&utm_medium=rss&utm_campaign=fixing-the-border-crisis-and-social-security-in-one-go

by Dale Coberly For some time now the Social Security Trustees have been reporting in the “media” using scare tactics like this: “Social Security Going Broke Sooner Than We Thought! Faces ...

https://angrybearblog.com/2014/07/social-security-cbo-tells-it-like-it-is-mostly#utm_source=rss&utm_medium=rss&utm_campaign=social-security-cbo-tells-it-like-it-is-mostly

When I was a newbie Social Security commenter and then blogger back in the 1999-2004 era there was a day I only half faceticiously called “The Bestest Day of the Year at Webb House!”. Yes it ...

https://angrybearblog.com/2014/06/waiting-on-the-social-security-trustees-report-april-1-and-counting#utm_source=rss&utm_medium=rss&utm_campaign=waiting-on-the-social-security-trustees-report-april-1-and-counting

The Table above is extracted from Table VI.F9 in the 2013 Annual Report of Social Security. It is radically simplified because I want to make a very simple set of points, ones that have little or...

https://angrybearblog.com/2014/06/social-security-cost-solvency-debt-and-tf-ratio#utm_source=rss&utm_medium=rss&utm_campaign=social-security-cost-solvency-debt-and-tf-ratio

subtitled: “A Nonhysterical Look at a System That’s Working” I don’t know who Doug Pibel is but IMHO he just nailed it in this piece. I hope this meets the Fair Use Doctrine. If not be su...

https://angrybearblog.com/2014/06/yes-magazine-infographic-why-social-security-is-not-going-broke#utm_source=rss&utm_medium=rss&utm_campaign=yes-magazine-infographic-why-social-security-is-not-going-broke

(Update: the numbers in the above Table represent the present payroll gap. That is an immediate increase in FICA equalling any negative number would fund its respective program over that given pe...

https://angrybearblog.com/2014/06/social-security-2-programs-3-projections-3-actuarial-periods#utm_source=rss&utm_medium=rss&utm_campaign=social-security-2-programs-3-projections-3-actuarial-periods

Click to embiggen. And then do some magnifying. Because even a selected file covering the whole 75 year projection period yields small type. Anyway this is my first take from Dale Coberly’s num...

https://angrybearblog.com/2014/05/northwest-plan-2013-extracts-by-webb#utm_source=rss&utm_medium=rss&utm_campaign=northwest-plan-2013-extracts-by-webb

I am just beginning an attempt to tranform the Northwest Plan for a Real Social Security Fix into a series of Tables and Figures (and original spreadsheets) that people can review at length. But ...

https://angrybearblog.com/2014/05/northwest-plan-2012-numbers-by-request-of-commenter-bk#utm_source=rss&utm_medium=rss&utm_campaign=northwest-plan-2012-numbers-by-request-of-commenter-bk

The current Chief Actuary of Social Security is Stephen Goss and on the occasion of the publication of the 75th Anniversary issue of the Social Security Bulletin he contributed what may be the mo...

https://angrybearblog.com/2014/05/social-security-under-sustainable-solvency-debt-deficit-revisited#utm_source=rss&utm_medium=rss&utm_campaign=social-security-under-sustainable-solvency-debt-deficit-revisited

With the release of Tim Geithner’s new autobiography the old quarrel about whether Social Security does or even can add to “the deficit” has cropped up again. So rather than weigh in let me...

https://angrybearblog.com/2014/05/debts-deficits-and-social-security#utm_source=rss&utm_medium=rss&utm_campaign=debts-deficits-and-social-security

Dean Baker at the Center for Economic and Policy Research offers a smackdown of Abby Huntsman’s warnings to millenials on MSNBC. For today I want to highlite several points. Dean Baker offers e...

https://angrybearblog.com/2014/03/millennials-and-social-security-it-is-already-included-in-the-plan#utm_source=rss&utm_medium=rss&utm_campaign=millennials-and-social-security-it-is-already-included-in-the-plan

Because we won. Or more precisely I won. Because we are not that much closer to the adoption of the Coberly inspired Northwest Plan than before, despite the fact that similar plans poll spectacul...

https://angrybearblog.com/2014/02/why-no-social-security-posts-on-angry-bear#utm_source=rss&utm_medium=rss&utm_campaign=why-no-social-security-posts-on-angry-bear

by Dale Coberly GETTING THE FACTS RIGHT ON SOCIAL SECURITY? CRFB TRIES AGAIN CRFB appears to have simply misread some of what I said.  But they also appear to believe they can argue by “assert...

https://angrybearblog.com/2014/01/getting-the-facts-right-on-social-security-crfb-tries-again#utm_source=rss&utm_medium=rss&utm_campaign=getting-the-facts-right-on-social-security-crfb-tries-again

Dan here  .  .  .  this post is a direct response to Dale Coberly’s post. Both posts are long and complicated, so I and Marc expect further posts to tackle particular policy issues. Getting...

https://angrybearblog.com/2014/01/getting-the-facts-right-on-social-security-crfb-responds#utm_source=rss&utm_medium=rss&utm_campaign=getting-the-facts-right-on-social-security-crfb-responds

This post is simply a short note to let readers know that a series of posts and topical threads will be published over the next weeks by staff at the Committee on Responsible Federal Budget and c...

https://angrybearblog.com/2014/01/new-series-on-social-security-angry-bear-and-committee-on-responsible-federal-budget#utm_source=rss&utm_medium=rss&utm_campaign=new-series-on-social-security-angry-bear-and-committee-on-responsible-federal-budget

by Dale Coberly OH NOES! SOCIAL SECURITY IS BROKE AGAIN AND WE’RE ALL GOING TO DIE! BECAUSE…  BECAUSE… BECAUSE WE’RE ALL GOING TO LIVE FOREVER A couple of public spirited citizens have t...

https://angrybearblog.com/2013/12/oh-noes-social-security-is-broke-again#utm_source=rss&utm_medium=rss&utm_campaign=oh-noes-social-security-is-broke-again

by Dale Coberly SETTING THE RECORD STRAIGHT ON SOCIAL SECURITY HOW THE “COMMITTEE FOR A RESPONSIBLE FEDERAL BUDGET” LIES TO YOU A group that calls itself “Committee For A Responsible Federa...

https://angrybearblog.com/2013/12/setting-the-record-straight-on-social-security#utm_source=rss&utm_medium=rss&utm_campaign=setting-the-record-straight-on-social-security

By Dale Coberly HOW MUCH INTEREST DOES SOCIAL SECURITY PAY? A reader asked what interest does Social Security pay on your “investment”?  I think it is important to realize that this is not t...

https://angrybearblog.com/2013/12/how-much-interest-does-social-security-pay#utm_source=rss&utm_medium=rss&utm_campaign=how-much-interest-does-social-security-pay

What does or would it mean to say that Social Security was ‘solvent’? Under the rules that govern the Trustees of Social Security the test for any given year is pretty simple: did or will the...

https://angrybearblog.com/2013/12/social-security-trust-fund-ratios-solvency-and-the-reagan-raid#utm_source=rss&utm_medium=rss&utm_campaign=social-security-trust-fund-ratios-solvency-and-the-reagan-raid

by Dale Coberly FLYING SAUCERS, THE YOUNG, and SOCIAL SECURITY What if the Social Security Trust Fund WAS Worthless IOU’s George Bush liked to tell us “the young” were more likely to believ...

https://angrybearblog.com/2013/12/flying-saucers-the-young-and-social-security-2#utm_source=rss&utm_medium=rss&utm_campaign=flying-saucers-the-young-and-social-security-2

by Dale Coberly 2013 Trustees Report: Social Security is Running Out of Worthless IOU’s! 9.6 Trillion Dollar Unfunded Deficit! ho hum I did not take a hard look at the 2013 Trustees Report when...

https://angrybearblog.com/2013/12/2013-trustees-report#utm_source=rss&utm_medium=rss&utm_campaign=2013-trustees-report

Senator Elizabeth Warren says it well: Transcript is found at Floor Speech by Senator Elizabeth Warren The Retirement Crisis November 18, 2013 As Prepared for Delivery. The post Elizabeth Warre...

https://angrybearblog.com/2013/11/elizabeth-warren-and-social-security#utm_source=rss&utm_medium=rss&utm_campaign=elizabeth-warren-and-social-security

by Dale Coberly PERNICIOUS IGNORANCE ABOUT SOCIAL SECURITY A REPLY TO KRASTING Bruce Krasting in comments to Bruce’s post on Social Security made a number of claims that deserve a fuller answer...

https://angrybearblog.com/2013/11/pernicious-ignorance-about-social-security#utm_source=rss&utm_medium=rss&utm_campaign=pernicious-ignorance-about-social-security

Well lets try again (two hours of draft having just disappeared)/ The above figure is II.D6 from the 2011 Social Security Report. The reasons why I didn’t use the 2013 version will become clear...

https://angrybearblog.com/2013/11/social-security-the-shape-of-solvency#utm_source=rss&utm_medium=rss&utm_campaign=social-security-the-shape-of-solvency

There are a couple of easy ways to check out current Federal Public Debt to the dollar or even the penny. One you could check out the National Debt Clock which also is conveniently mirrored (in s...

https://angrybearblog.com/2013/11/debts-deficits-and-social-security-once-again#utm_source=rss&utm_medium=rss&utm_campaign=debts-deficits-and-social-security-once-again

What the —! Well it occured to me, and not for the first time, that a lot of people really don’t understand my Social Security project and particularly what even some of my friends and allies...

https://angrybearblog.com/2013/11/social-security-and-me-ayn-rand-the-four-freedoms-the-road-to-serfdom-and-the-leninist-strategy#utm_source=rss&utm_medium=rss&utm_campaign=social-security-and-me-ayn-rand-the-four-freedoms-the-road-to-serfdom-and-the-leninist-strategy

Total Security on Planet Elsinore: a Social Security Thought Game (Part 1) – Set the gameboard and initial rules for Total Security or TS for short. To recap the USE a democratic republic polit...

https://angrybearblog.com/2013/11/total-security-in-the-use-a-social-security-game-continued#utm_source=rss&utm_medium=rss&utm_campaign=total-security-in-the-use-a-social-security-game-continued

Lets play a game. The ultimate point of the game is to understand certain aspects of Social Security but to keep complications from creeping in too early (wait for later parts) we are going to st...

https://angrybearblog.com/2013/11/total-security-on-planet-elsinore-a-social-security-thought-game-part-1#utm_source=rss&utm_medium=rss&utm_campaign=total-security-on-planet-elsinore-a-social-security-thought-game-part-1

Dean Baker was polite in responding to another story from the Washington Post in the campaign to discredit the program: That’s what the headline of the front page Washington Post story might ha...

https://angrybearblog.com/2013/11/dead-people-and-social-security#utm_source=rss&utm_medium=rss&utm_campaign=dead-people-and-social-security

by Dale Coberly How to Sound Insane by Talking Like a Bi Partisan Expert on Social Security I apologize for the next couple of paragraphs because they sound overworked and insane,  but that’s ...

https://angrybearblog.com/2013/11/how-to-sound-insane-by-talking-like-a-bi-partisan-expert-on-social-security#utm_source=rss&utm_medium=rss&utm_campaign=how-to-sound-insane-by-talking-like-a-bi-partisan-expert-on-social-security

by Dale Coberly TOM FRIEDMAN LIES THROUGH HIS GREAT BIG TEETH TELLS KIDS “KILL GRANDMA” You see, the Wolf (his friends call him Tom) had no reason to disguise himself as Grandmother. He had a...

https://angrybearblog.com/2013/10/kill-grandma-for-lunch-appeal-to-young-people#utm_source=rss&utm_medium=rss&utm_campaign=kill-grandma-for-lunch-appeal-to-young-people

When the New York Times or the Wall Street Journal reports on THE federal budget deficit what number do they use? When OMB gives a top line number for THE deficit what is included or not? In part...

https://angrybearblog.com/2013/10/social-security-and-the-deficit-more-basics#utm_source=rss&utm_medium=rss&utm_campaign=social-security-and-the-deficit-more-basics