Navigation Links
Social Security 'Problems' Are 'Misplaced Scare Tactics' and Media Missing Story of Solvency, Says Former Congressional Aging Committee Chief of Staff Bob Weiner

WASHINGTON, May 12 /PRNewswire-USNewswire/ -- The reports on the supposed problems of Social Security based on the Social Security Administration's report today are "totally misplaced," asserts former U.S. House Aging Committee Director Bob Weiner.

Weiner, who was Chief of Staff of the House Aging Committee under Rep. Claude Pepper and later worked for Reps. Charles Rangel, John Conyers, and the Clinton White House, said, "Everyone forgets that Social Security has already absorbed eleven 'deficit' years since 1960. The fact that there may be slight deficits beginning in 2016, which the full trust funds easily absorb for some thirty years, is nothing new. That is exactly what beneficiaries paid into the system to accomplish, since the format is an insurance program. Do we reimburse private insurance when they have to pay out? Moreover, the fact that the system goes into slight composite deficit four years earlier than predicted, now 2037, is no surprise given the currently crashed economy -- and that year has always fluctuated based on the economy and could actually never happen if the economy approves."

"Even the very wise Wolf Blitzer stated that 'these numbers are far worse than experts had predicted' -- but that is 'not true,'" Weiner contends. "Social Security is solvent for almost thirty years and even then, and even if the economic situation is stagnant (unlikely), the program still can pay 75% of current benefits and can make up the difference if necessary by temporary infusion of 1/3 the annual cost of the Iraq War or 1/3 of the Bush tax cuts for the wealthy." Weiner adds, "Even that 'fix' will be negated in the following generation because the baby boomers had the fewest babies themselves in our history (2.1 per family vs. 2.9 now), so the system will have to pay benefits to fewer people."

"It's easy to throw out scare tactics to make news about Social Security -- but they are badly inaccurate. The system is sound. The real problem is Medicare, which will have problems shortly -- and it's time for Congress to allow Medicare price negotiations like the VA, imports of safe drugs for price competition, and ultimately, national health insurance as quickly as possible," Weiner concluded.

Weiner has written several recent op-eds on Social Security in major papers and regularly discussed the issue in media forums:

CONTACT: Bob Weiner/Rebecca Vander Linde 301-283-0821/202-329-1700

SOURCE Robert Weiner Associates
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Early Alzheimers diagnosis offers large social, fiscal benefits
2. How social insects recognize dead nestmates
3. Dynasplint Systems, Inc. Launches Two New Web Sites Plus Social Media Tools
4. Fast-Track of Socialized Healthcare Imminent
5. Locum Leaders Links Physicians to New Jobs and Clinical Education Through Social Media
6. New Social Media Site Launches for the Fertility-Focused:
7. The ICEcard Combines Peace of Mind and Social Responsibility in One Handy Card: Families Prepare for Emergencies While Supporting Worthy Causes
8. DavisPTnetwork, A Professional Social Network for Physical Therapists, Reaches Over 500 Members
9. The Social Security Institute Launches Web Site, Inaugurates Campaign to Prevent Nationalization of Healthcare
10. More Social Security Disability Applicants Are Seeking Representation
11. New National Online Survey Says Bipolar Depressive Symptoms Have Impact on Day-To-Day Tasks as Well as Social Activities(1)
Post Your Comments:
(Date:6/25/2016)... ... June 25, 2016 , ... Dr. Calvin Johnson has dedicated ... has implemented orthobiologic procedures as a method for treating his patients. The procedure ... doctors to perform the treatment. Orthobiologics are substances that orthopaedic surgeons use to ...
(Date:6/24/2016)... ... ... Those who have experienced traumatic events may suffer from a complex set ... drug or alcohol abuse, as a coping mechanism. To avoid this pain and suffering, ... traumatic event. , Trauma sufferers tend to feel a range of emotions, from depression, ...
(Date:6/24/2016)... MIAMI, Fla. (PRWEB) , ... June 24, 2016 , ... ... Florida Trend magazine’s 2016 Legal Elite. The attorneys chosen by their peers for this ... of Florida. , Seven Greenberg Traurig Shareholders received special honors as members of this ...
(Date:6/24/2016)... (PRWEB) , ... June 24, 2016 , ... People across ... in Genome magazine’s Code Talker Award, an essay contest in which patients and their ... award to be presented at the 2016 National Society of Genetic Counselors (NSGC) Annual ...
(Date:6/24/2016)... , ... June 24, 2016 , ... ... actively feeding the Frederick area economy by obtaining investment capital for emerging technology ... past 2½ years that have already resulted in more than a million dollars ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... 23, 2016  In a startling report released today, National ... by lacking a comprehensive, proven plan to eliminate prescription opioid overdoses. ... of how states are tackling the worst drug crisis in recorded ... – Kentucky , New Mexico ... . Of the 28 failing states, three – Michigan ...
(Date:6/23/2016)... 2016 Bracket , a leading clinical trial ... clinical outcomes platform, Bracket eCOA (SM) 6.0, at the ... – 30, 2016 in Philadelphia , Pennsylvania.  ... Assessment product of its kind to fully integrate with RTSM, ... eCOA 6.0 is a flexible platform for electronic clinical outcomes ...
(Date:6/23/2016)... N.J. , June 23, 2016  Guerbet announced ... Premier Inc.,s Supplier Horizon Award . ... year, Guerbet was recognized for its support of Premier ... creation through clinical excellence, and commitment to lower costs. ... to receive this recognition of our outstanding customer service ...
Breaking Medicine Technology: