Social Securtiy Changes : Rebio's Changes Sensible/Workable

Here some good ideas to solve the problem of these huge entitlement programs going bust. But the fact that nearly all progressive socialist liberal democrats believe that any change to Social Security (SS) is out of the question. To the progressive democrat, SS is truly the third rail of politics that is the very basis of democrat ideology, government providing security in retirement.

To actually make common sense changes that will rescue the program for present recipients and future ones is not workable until their is a major mind sent change. For the most part, the socialist democrats will continue to demand no changes as long as they find it benefits their elections even to the point of collapse. And finally when the programs are broke due to politics, then democrats will proclaim they have always want to fix this problem but the Republicans has stood in the way.

One has to know, the problem of SS going broke has been decades in the fight for change and the democrats have always stopped anything that would make changes. The democrats fought it by telling seniors Republicans want to take SS away and leave them destitute.

This is just old time politics as usual for the progressives democrats. Fear and ignorance has always been a steadfast tactic of the democrats. 

Rubio's Plan to Modernize Retirement Security
Source: Charles Blahous, "Rubio's Retirement Security Vision," Manhattan Institute, June 9, 2014.

June 16, 2014

Senator Marco Rubio (R-Fla.) recently outlined a proposal that modernizes national retirement security policies by stabilizing Social Security, providing tax relief to working seniors, expanding savings opportunities and making Medicare more efficient, according to Charles Blahous, senior research fellow at the Mercatus Center.
Senator Rubio presented his program at the National Press Club last month.

• To maintain the solvency of Social Security -- the largest federal program in the budget -- Rubio proposes to increase the retirement age and change the benefits formula using progressive indexing.
• Currently, working seniors only get 2.5 cents back in Social Security benefits for each additional dollar in payroll tax they contribute. Rubio's plan eliminates the retirement earnings test.
• Rubio would open up the federal Thrift Savings Plan (TSP) to all income levels.
• The senator would restructure incentives within Medicare to reduce spending growth and increase the value of Medicare services.

Our current federal entitlement programs are unsustainable. If they are to survive, politicians must be willing to accept political risks and restructure the programs in order to benefit younger generations down the line.