The Arbitrary Nature of Social Security Benefits
Social Security benefits will soon be increasing, as they do almost every year, but Social Security taxes will not be increasing, as they haven’t for over 30 years. This shows once again the arbitrary nature of Social Security (OASDI) benefits. The Old-Age and...
Republicans Miss the Real Issue Regarding TSA Scanners
The Transportation Security Administration (TSA) is back in the news again, and, as usual, it is not because the agency did something noteworthy. The TSA was established by the Aviation and Transportation Security Act (S.1447) that was passed by the 107th Congress and...
Trust Funds: Real and Imaginary
It is interesting that the basic framework of the U.S. unemployment compensation program was first established in the Social Security Act of 1935. Although both programs have trust funds, one is real, and one is imaginary. Due to the COVID-19 “pandemic,” state...