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Social Security Administration considering younger Alzheimer's sufferers for disability. ...more
October 23, 2009
Let's pretend abortions had not been legalized in 1973. Pretend it is 1991 and 18 years after Row v. Wade. Assume 1 million babies had been allowed to live and they are now 18 and entering the work place. I know many will still be in school but the following are conservative estimates. Do your own math using your estimates. Let's assume they begin work at an average of $12,000. FICA taxes are 15 percent including their employers share. Say the next year another million had been spared execution and begin work and this continues through year 2008. Since government does nothing well (Thomas Jefferson), all the FICA taxes earned nothing. Since I am an optimist I also consider over this 17-year period that wages and FICA taxes go up on average of 5 percent a year. By the end of 2008 the Social Security Trust Fund will have collected 2.6 trillion more dollars. ...more
November 15, 2008
Am I the only one who doesn't get Jim Gries' problem with Social Security? He doesn't seem to like the Trust Fund system, but his speeding car and duck waddle metaphors make his point a little hard to follow. ...more
August 26, 2008
The oldest baby boomer turned 62 this month and promptly signed up for Social Security. But it probably wasn't a very smart financial move. ...more
January 27, 2008
About 2.7 million people have incorrect Social Security payment information on a needed tax document, the Social Security Administration said Thursday as the agency moved quickly to mail out corrections. ...more
January 25, 2008
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