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Means testing for SSI is a very bad idea


Today's News-Herald
Published Friday, February 3, 2012 8:14 AM MST

Editor:


Beware of strangers bearing gifts. The new conservative solution to cure Social Security is means testing. Making SSI eligibility dependent upon how much money you have.

This is a “Trojan Horse” stratagem designed to make SSI a welfare program. Conservatives have concocted a plan to fool people into believing means testing makes the rich pay more. This solution would produce small rewards that would give conservatives ammunition to condemn these programs as a tax and welfare program rather than a pension plan.

SSI and Medicare are not unearned entitlements, as conservatives would have you believe, they are retirement pension plans paid for by the retiree and their employer. You cannot take away the rights of a pensioner just because they have gained wealth and don’t need the money. All retirees must be treated equal regardless of their wealth; otherwise, these programs become a tax on the rich and welfare for the recipients. A pension plan paid by the employer and the recipient, like the General Motors plan, is not welfare it is a program guaranteed to the worker; I don’t think it would sit well for General Motors to means test their pension program.

This proposed means testing is a Trojan Horse designed to discredit SSI and Medicare as taxes and social welfare. Rather than a solution to save these plans, means testing is actually a strategy, conceived by conservative thinkers to destroy the most successful programs designed for the common good of all U.S citizens.

The way to save these programs is to make the funding mechanism payroll taxes more progressive. This program now only taxes up to approximately $130,000 of earned income; for this program to be progressive, taxes should be top down, only progressive taxes create equality.

Means testing is a bad idea.

Jim Keating

Lake Havasu City

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Comments (1 comment(s))

    GBM wrote on Feb 6, 2012 9:31 AM:

    " I am all in favor of opinions and new ideas. However, they should at least have a basis in fact, otherwise they risk incredulity. I risk wasting my time responding to this "View" by JK, but the mere placement of this letter in the TNH might falsely lead readers to conclusions which might influence their future votes, and therefore bring ruin to our nation.
    JK makes allegations against conservatives that they have a "Trojan Horse" scheme to fool Americans about the solvency of the SS system. It is JK who seems to be the fool. He must have missed the recent CBO report on SS, showing that it is now 1 Trillion WORSE off than the already dire condition reported a year ago. SS was supposed to be a safety net for poor retirees, but has morphed over the decades to an entitlement plan for everyone. When Congress depleted the SS trust fund (30+ years ago), they started paying SS checks from the General fund. We all are reminded, with great regularity, that the General fund spends more than $1.40 out of each $1.00 collected; the difference being borrowed each year. In other words, every dollar paid to SS recipients is a borrowed dollar from somewhere else (The Fed, China, Saudis, etc.) Recall that Obama was the only President in history to threaten SS recipients by withholding checks, if the borrowing limit of our nation was not extended. The Obama appointed Simpson-Bowles Commission (whom I met with last year), made specific recommendations to restore and preserve the SS system, but the president has taken no action yet. This includes means testing, extending the age eligibility, and increasing payouts to much older seniors. The top recommendation was to offer a choice to younger workers to allow their SS contributions to be under their own name, such that future politicians could not steal those funds. The liberals have attacked this as heresy, since they wish to control people's money and spend without restriction.
    In other words, conservatives have offered specific plans to save and protect the SS system, while letter writers such as JK try to fool people into thinking otherwise. "

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