sunnsea

4 Dividend Stocks to Hedge Against Social Security Failure

Now your talking! Repubs have hated SS since inception. They hate the high wage, low welfare approach embodied in the New Deal. Why? Because lots of low wage jobs obviously enhance profits, but its corollary, the high welfare state we have now with 40% not paying taxes, gives them something to run against, to play off what's left of the middle class against the working class and the poor (read black people). This is the way America has been run in the South anyway since 1609, playing whites off against blacks while the the oligarchs sit back on their plantations collecting their "dividends."
This is also related to the illegal immigrant problem. Largely driven here by NAFTA and the allowing of cheap US agricultural products in to Mexico, many Mexican and Central Americans really have no other choice. So instead of creating a reasonable response like a guest worker program we have illegals. Very useful, even cheaper labor and they can once again play Americans off against illegals. And because the illegals do not pay into the social programs that they use since they are "illegal" it's even better to create a backlash...Always, in America the upper 1% of the income chain wins.
Put a guest worker program in place, having them pay into SS and Medicare and you are half way there to solving the problems. But no, we don't really want to solve any of these issues, now do we?


On Aug 26 10:09 AM Marxwuzrite wrote:

> Fixing SS is no problem. Get income tax rates for upper income people
> back to Eisenhower levels. Put a chunk of it into SS. Cut the completely
> unnecessary $1 trillion budget for the National Security State. You
> know, military, "homeland security" so-called. Start making stuff
> again, i.e., rebuild our manufacturing base. You don't get rich exporting
> raw materials to China and importing manufactured goods. Duh.
>
> What is this nonsense of proposing raising the retirement age? This
> betrays a true ignorance of real economics, as opposed to the phony
> kind practiced by the corporate shills who masquerade as economists.
> Now cut the retirement age to 55. Yes 55. We can afford it. We only
> need to start creating wealth again and properly allocate the surplus.