Tuesday, April 19, 2016
http://pubcit.typepad.com/clpblog
this blog interests me. their politics are somewhat the opposite of mine but they make some good points.
http://pubcit.typepad.com/clpblog/2016/04/the-gap-between-rich-and-poor-life-expectancy-and-social-security-benefits.html
interesting insight about social security:
the poor die younger, the rich die older. the result is that the rich collect about 30% more in social security than the poor. somebody could crunch the numbers to show that whites get more for social security than blacks do. i do not know the details of who pays in what.
i have my own anecdote about social security. i have been disabled since 2001. consequently i don't get a paycheck. i'm not complaining, i get by from self-employment. on paper, my self-employment is a wash; everything i make is deductible, so i end up not paying in much to social security via fica.
so they've said that since i'm not paying in, i don't qualify for disability pay. not that i ever applied for it, but they are saying i couldn't if i wanted to. i'm not eligible for disability coverage because i'm disabled. i find this mildly ironic. to somebody else, it could be devastating. i just fall back on my "white privilege" and a bit of hustle. i juggle three small businesses and am comfortable.
but someone else in the same situation could be getting screwed over.
best analogy i've seen today:
"Really, to have the full impact, you have to listen to the entire hearing, because like the thirteenth stroke of a clock, the exchange calls into question all that came before it, including the criticism of the CFPB".
this blog interests me. their politics are somewhat the opposite of mine but they make some good points.
http://pubcit.typepad.com/clpblog/2016/04/the-gap-between-rich-and-poor-life-expectancy-and-social-security-benefits.html
interesting insight about social security:
the poor die younger, the rich die older. the result is that the rich collect about 30% more in social security than the poor. somebody could crunch the numbers to show that whites get more for social security than blacks do. i do not know the details of who pays in what.
i have my own anecdote about social security. i have been disabled since 2001. consequently i don't get a paycheck. i'm not complaining, i get by from self-employment. on paper, my self-employment is a wash; everything i make is deductible, so i end up not paying in much to social security via fica.
so they've said that since i'm not paying in, i don't qualify for disability pay. not that i ever applied for it, but they are saying i couldn't if i wanted to. i'm not eligible for disability coverage because i'm disabled. i find this mildly ironic. to somebody else, it could be devastating. i just fall back on my "white privilege" and a bit of hustle. i juggle three small businesses and am comfortable.
but someone else in the same situation could be getting screwed over.
best analogy i've seen today:
"Really, to have the full impact, you have to listen to the entire hearing, because like the thirteenth stroke of a clock, the exchange calls into question all that came before it, including the criticism of the CFPB".
Comments:
Post a Comment
