Friday, October 29, 2010

Addressing the Issues: The State Party’s Social Security Plan is Not Comprehensive

Social Security reform is not a simple issue, but Bain has never advocated anything other than ending federal dipping. That is not enough.

Calvert and the Free Party are dedicated to comprehensive reform including Reducing the Cost of Living Adjustment (COLA), offered by the Social Security Administration, which would preserve Social Security for a quarter of a century.

Additionally, the Free Party advocates commencing a program to balance the amount being provided for elderly by decreasing the amount high-wealth elderly Americans receive and increasing the amount low-wealth elderly Americans receive. According to the Economist, this would preserve Social Security’s fiscal stability. In a time of fiscal crisis for Social Security, we should put our money with the people that need it most.

This policy would be executed in conjunction with the “phase-out” proposal, where Social Security would be terminated for individuals who are currently under the age of 15 and the program would slowly be transformed into a poverty-aid program.

If you care about the future of Social Security, Vote for Calvert.

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