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Social Security: The Swiss Army Knife of American public policy

The next time you hear a Very Serious Person’s pronouncement about Social Security’s supposedly impending doom, remember: an individual’s interest in seeing Social Security thrive is usually a) inversely proportional to their wealth but b) directly proportional to their empathy for others. How else to explain

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Posted in A Fair Deal at Work, Retirement Security, Social Security

‘Scrap the cap’ to keep Social Security fair

The kids are all right. And so are their grandparents. Why? Because Social Security is there — for all of us. And we can make that promise even better by making sure we all pay the same tax rate for

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Posted in A Fair Deal at Work, Column, Retirement Security, Social Security

Rebuilding the foundation of Social Security

[By John Burbank, Executive Director, EOI – cross-posted from The People’s Pension] A secure and dignified retirement was a symbol of American middle class well-being – a hybrid product of government social insurance, the corporate social contract, and the post-World

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Posted in A Fair Deal at Work, Retirement Security, Social Security

The beginning of the end for middle-class retirement in America?

Every year, retirement seems out of reach for more Americans. According to a 2011 Gallup poll, 66% of Americans say their biggest financial concern is being unable to save enough money to retire – up from 53% in 2011. For

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Posted in A Fair Deal at Work, Retirement Security, Social Security

Just Scrap the Cap on Social Security

[youtube=http://www.youtube.com/watch?v=ZZQlbtlErLo] Don’t think Social Security cuts affect you? Think again. Because if Social Security is cut, your parents might be movin’ in. Here’s the deal: right now, everyone pays Social Security taxes on the first $106,800 they earn, which means

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Posted in A Fair Deal at Work, Retirement Security, Social Security

Ball and chain: the human cost of raising the retirement age

With thanks from Social Security Works – Washington: A great article from Remapping Debate tells the story of people imagining their lives (or those of their children) with a significantly delayed retirement age: Barrett paused a moment. She is 30

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Posted in A Fair Deal at Work, Retirement Security

Social Security’s finances are strong – and have prevented deeper deficits (2/4)

This post excerpted from Restoring America’s Middle Class Starts with Keeping Social Security’s Promise || Part 1 | 2 | 3 | 4 Working Americans and their employers each pay a payroll tax of 6.2% on the first $106,800 of

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Posted in A Fair Deal at Work, Retirement Security, Social Security
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