Thursday, October 15, 2015

I wish people would stop calling Social Security a socialist program.

I and the rest of the Americans PAID into Social Security as an Old Age Fund,

Social Security and Medicaid in all it's parts is NOT socialism!

Isn't that right FOX! 

Senator and candidate Sanders is correct, the programs need to be expanded because the people with small payouts from Social Security paid into it with confidence their monies would be good enough. The people with small payouts aren't receiving INTEREST deposited into their accounts for the years the their money was in SSI. 

One of the reasons there is a cost of living increase to match that of the country's cost of living is because the monies paid to into the SSI fund by Americans never received interest. So, to compensate the payout from SSI Americans are given cost of living.

There are many reasons the small payouts need to be adjusted to meet sincere cost of living.

AND.

Then there was 2008 and seniors on fixed income lost their other retirement investments, INCLUDING, their homes in some instances. 

Bernie Sanders is correct and the SSI cap has to be removed.