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August 31, 2016

What I did this summer

Filed under: commentary,history — jchatoff @ 7:17 pm
Tags: , , , ,

Not very damn much, to tell the truth. June and July just kind of slid by, the weather generally mild – often below normal – and pretty benign compared to the rest of the country.

At least until this month, when the wild fires started. They got quite close and for several days the air was nasty and cars were covered with ash.

IMG_5134

Sunset through fire smoke.

It didn’t last too long though and soon things went back to normal here in Pleasantville – normal until Sunday night, when an aggressive raccoon decided to make a meal out of my little Doxie-MinPin mix.

She’d barked just once and then run out of the room, barrelling through the screen door to chase the intruder off the porch. Seeing her mistake almost immediately, Lola turned and headed for the safety of the living room.

But the raccoon wouldn’t let go of her back leg until my sister-in-law grabbed a broom and whacked the crap out of him.

So we wound up in the pet ER and Lo came home with a big bandage on her foot and a pack of meds. The docs and techs were great and she seemed to be the only patient, so while we waited, we got into a little convo with the receptionist and I don’t know how – probably my doing – we started talking about Social Security.

She was shy of 30 I think, and mentioned in passing that she doubted that there would be any benefits for her by the time she retired and it just made me feel so sad.

It isn’t only the pitiful job market, student loans and climate change that have been dumped on Millenmials, it’s also the shocking inadequacy of mass media, which delights in fear-mongering and which can’t be bothered to provide actual facts.

Here’s a fact: Raising the cap or raising the tax – or both – would make benefits available for the indefinite future.

As it is, we are good until 2030.

At the moment, the cap is $118,500. After that amount, no SS tax is deducted. If you make 300,000 or 3 million, you pay FICA only on the first 118,500.

Raise that by 100,000 and every Millennial can enjoy a spartan but predictable old age like the rest of us.

For more actual facts, check out The Motley Fool: http://www.fool.com/investing/general/2015/02/10/6-key-facts-about-social-security.aspx

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