The just-released Trustees Report shows that Social Security has an accumulated surplus of roughly $2.9 trillion. It further shows that at the end of the century, it will cost just 6.07% of GDP.
56% of those who voted for Donald Trump and 55% of those who identify as Republican would be more likely to vote for a candidate who “supported expanding and increasing Social Security.”found that 80% of Republicans believe that Social Security is more important than ever; 72% of Republicans responded that they “don’t/didn’t mind paying Social Security taxes;” and 65% of Republicans agreed that “we should consider increasing Social Security benefits.”Social Security is a solution.
Republican politicians are standing in the way. For those for whom Social Security provides basic economic security now or promises to do so in the future – that is, virtually all of us – what we must do is clear. In 2020, we must make our voices heard. Those office seekers who support expanding Social Security and restoring it to long-range actuarial balance must be voted into office. Those who don’t should be retired.
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