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Ear to the Ground

AARP Backpedals on Cuts in Social Security

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Posted on Jun 23, 2011
Flickr / pedrosimoes7

Spokespersons for the AARP are in damage control mode after The Wall Street Journal reported last week that the organization, which claims to lobby on behalf of older Americans, “is dropping its longstanding opposition to cutting Social Security benefits.”

The group now states that it is opposed to the inclusion of cuts to Social Security in the debt ceiling debate, but has made it clear that it is open to other adjustments in the way seniors’ benefits are calculated. Shocked and angry critics say the proposed changes will have the same impact as straightforward cuts: reducing the amount of financial help retired seniors receive. —ARK

The Huffington Post:

While AARP says it is adamantly opposed to having Social Security in the debt ceiling discussion, the group is open to separate negotiations on changes in things like the retirement age or the formula for calculating benefits to maintain the long-term solvency of the Social Security trust fund. Such changes are tantamount to benefit cuts if they reduce the total amount retirees receive.

The $2.6 trillion Social Security trust fund is on pace to run out of money in 2036, at which point incoming payroll contributions will only be able to pay 77 percent of promised benefits. As of April, 35 million seniors received Social Security retirement benefits averaging $1,179 a month, according to the program’s latest monthly snapshot.

... AARP says it is willing to negotiate possible benefit cuts, so long as they are not tied to the larger debt reduction negotiations—and that it has always been open to reducing benefits. This came as a shock to several other Social Security advocates. Alliance for Retired Americans Executive Director Ed Coyle said if AARP had been open to cuts all along, “to me, that’s news.”

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By beverly, June 29, 2011 at 3:25 pm Link to this comment
(Unregistered commenter)

I am sick of hearing that medicare and social security are entitlements. We have contributed our hard earned earnings to both for 30-40 years without complaining. In addition to that, we have paid income taxes to both federal and state for all of those years. What the h—- are we paying for if when we retire, “politicians” determine that “our money” is not really our money, it is some kind of entitlement program. And when I pay income taxtes, I expect it to pay for government programs, including medicare and social security. If we cannot expect that from our labor, what are we paying taxes for anyway?

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By berniem, June 23, 2011 at 3:45 pm Link to this comment

Hey! What’s AARP anyway but a rip-off of “US” and “People” for affluent seniors. Of course they don’t really care what happens to those “old folks” entitlements ‘cause their members don’t need them anyway! Remember, the original mission of the organization was to represent the interests of retired teachers. Unless I missed the memo I don’t recall AARP using their immense influence to mitigate the screw-job currently facing educators nationwide! This organization is nothing more than a money making scam focused on a specific economic and cultural demographic!

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rico, suave's avatar

By rico, suave, June 23, 2011 at 3:12 pm Link to this comment

“AARP says it is willing to negotiate possible benefit cuts.”

Willing to negotiate? What position is AARP in to “negotiate” with anyone outside their membership? They’re just another special interest lobby in DC. What would the reaction be to a statement from the American Petroleum Institute that they were “willing to negotiate” the price of oil?

The youngest AARP members are 55 years old. There is no proposal, not one, from either Democrats OR REPUBLICANS which touches in any way the benefits promised to anyone 55 and older. What the F*** are they complaining about? Every one of their members is safe. They could as logically go to the matresses over cuts in Sesame Street funding for all the relevance this latest kerfluffle has to their compass.

Geezers, of which I am one, have absolutely nothing to worry about from either social security or medicare. To portray oldsters dying in the streets is pure, shameless, cynical demagoguery. AARP should be ashamed.

Now, having said that, my kids and to a much greater extent, my granddaughter are SO SCREWED thanks to the bottomless entitlement mentality of my generation at large!

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By capital F, June 23, 2011 at 12:43 pm Link to this comment

The capability of the boomers to accept whatever new atrocity is being dealt them by coporate scum is second to none.  Don’t hold your breath waiting for blowback or reprisals from the original American Sheep.  If they are told to they will tie a coffee filter to their hat and protest in favor of their own benefits being cut.

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Daye's avatar

By Daye, June 23, 2011 at 12:35 pm Link to this comment

America is not Greece. We print our own money
here. So far, for no sane - or much less,
humane - reason, we print it for banks, not for
people. And in this ongoing demand crisis, the
banks find it pleasing to hold onto it for
themselves, & for gambling in derivatives &
other asocial operations, rather than distribute
it to us in affordable loans that would raise
demand.

Capitalism is a self-destructive practice that
weds Lady Politics & corrupts her with itself
unto the ugly death of both, leaving behind
only plague for the rest of us.

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By TDoff, June 23, 2011 at 12:06 pm Link to this comment

WhoTF are these AARP ‘Spokespersons’? You can bet your bippy they do not speak for ‘the Group’.

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kerryrose's avatar

By kerryrose, June 23, 2011 at 8:30 am Link to this comment

I hope seniors cancel their membership in droves.

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