Tag Archives: Social Security

More pressure is on Obama with the fiscal cliff negotiations

Posted on December 19, 2012 by Doug Gibson

There seems to be an assumption that with the fiscal cliff debate, President Barack Obama has the upper hand and that Republicans are under pressure to cave to the president’s demands for $250K-plus, or $400K-plus tax hikes and virtually no … Read More

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Perry was not too far off calling Social Security a Ponzi scheme

Posted on September 8, 2011 by Doug Gibson

At the GOP presidential debate last night, candidate Gov. Rick Perry caused a kerfuffle among commentators when he called Social Security a Ponzi scheme. The remark isn’t as outrageous as many assume. A Ponzi scheme is where “investments” collected are … Read More

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To save Medicare, Social Security, admit they are failures

Posted on July 26, 2011 by Doug Gibson

If you want to save entitlements in the long-term, we have to stop calling them entitlements. We have to admit that Medicare and Social Security are failures — fiscal failures. Once our leaders can admit these programs are now welfare … Read More

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