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Balanced reporting, inflation and waste

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Posted: Tuesday, May 7, 2013 12:00 am

I believe that a newspaper should carry balanced reporting. That way we can be aware of what the enemy is doing. The Creators Syndicate columns carried in the Lodi News-Sentinel is an example of that premise. They have conservative writers such as John Stossel and Thomas Sowell. Other writers endorse everything Obama says. Higher taxes, more government agencies, more welfare programs — they're all for it.

The latest is about Obama's plan for Social Security. They claim it's now class warfare between the young and old. They claim the old get too much and the young don't get enough. They claim we're still the richest nation on earth, that socialized programs have succeeded in all other countries and Obama knows what he's doing. I don't think so.

Obama wants to change the way inflation is figured so that seniors will get less yearly increase in their payments. I recently read an article that said if inflation was figured according to the same CPI as the one used when Carter was president, inflation would be between 10 and 13 percent. That makes sense to me; meat has tripled, milk has tripled, gas has doubled and most food stock has doubled. When a product raises in price, it's dropped off the CPI and a more stable product is added.

If anybody really wanted to balance the budget, they might start by getting rid of waste. Try typing "Government waste" into your search window. You'd be astounded at the amount you could find in the first five minutes; $60 billion annually in welfare fraud, $25 billion wasted on unused or vacant buildings and $72 billion wasted on improper payments to various companies. There's a study of male prostitutes in Viet Nam worth about a half-million. The list goes on.

One more thing about the word "entitlement." Social Security is an entitlement. We paid into it and we are entitled to the payments we get plus the increase for inflation. Welfare, ADC, food stamps and free medical care are gifts. Nobody paid into these programs. They are free — paid for by taxpayers. When the taxpayers are outnumbered by the recipients, then the whole thing collapses.

Jim Sugden

Lodi

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Welcome to the discussion.

3 comments:

  • Lawrence Steinberg posted at 10:22 am on Wed, May 8, 2013.

    Lawrence Steinberg Posts: 65

    This argument that the Lamest Generation (ie the Baby Boomers) is somehow entitled to Social Security just because they paid into it strikes me as disingenuous. Sure the LG paid some money into the system but their's is also the generation that repeatedly raided the fund to pay for poorly managed social programs, bloated military spending and unchecked corporate welfare.

    Having turned the Social Security system into a slow moving car wreck the Lamest Generation now demands that today's taxpayers (who will never see a dime from Social Security) pay dearly just so that the LG's can, yet again, avoid the consequences of their own actions.

    This taxpayer says "No Thank You, Mr Sudgen"!

     
  • Thomas Heuer posted at 1:48 pm on Tue, May 7, 2013.

    nth degree wise Posts: 1314

    Fair and balanced. Now where have I heard that before?

     
  • Joanne Bobin posted at 8:35 am on Tue, May 7, 2013.

    Joanne Bobin Posts: 4485

    Mr. Sugden wrote:

    "That way we can be aware of what the enemy is doing."

    How tragic and sad is it that Mr. Sugden feels the need to refer to his fellow citizens as "the enemy." That sounds like a pretty sick mentality to take in a democracy.

    "One more thing about the word "entitlement." Social Security is an entitlement. We paid into it and we are entitled to the payments we get plus the increase for inflation."

    This is typical of those on the right who desire to justify the taking of payments from a socialist system. "We paid into it."

    FICA, or Federal INSURANCE Contribution Act, is just what it says it is - INSURANCE.

    You pay the premiums, you collect the benefits - way more than what one has contributed.

    Do you call up Liberty Mutual, Allstate or whatever company, and demand that THEY give you a cost of living increase for inflation when you collect on that policy you had for your husband or wife?

    I can just hear Mr. Sugden: "I demand more than the face value of this insurance policy because when I bought 100K of coverage for my wife, I never dreamed that the cost of living, i.e., inflation, would reduce that by half! Now I want 200K!!! I'm entitled because I PAID FOR IT!!

     

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