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Politics

9 Answers To Burning Questions About Social Security

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Since you began working for the man (your company), you’ve forked over a portion of every paycheck to the man (the government) in the form of Social Security Taxes. You haven’t had a choice in this matter.

Yes, a few semi-crackpots have told you that you can not pay these taxes if you disavow your SSN, but these types of people usually end up in standoffs with the government in remote locations.

So what exactly is Social Security Taxes? Who do they benefit? Why do you pay them? And where the heck did this policy come from?

You have burning questions and I have answers.

In this post, I am going to spell out the who, what, and why of Social Security. We’ll answer your burning questions in a way that doesn’t confuse you or bore you senseless.

Sound good?

Let’s get started.

Question #1: Where Did Social Security Come From?

 

On August 14, 1935, President Franklin Roosevelt signed the Social Security Act. Originally the bill was going to be called the “Economic Security Act,” but it was changed to the equally boring “Social Security Act” when it was being evaluated by Congress.

Those guys have never been known for their creativity or liveliness.

Ernest Ackerman received the first payment ever – a whopping 17 cents. Even back in 1935, this was not a particularly large sum. Presumably, he saved this money so he could purchase a single beer after he retired.

The program was already a rollicking success!

Question #2: What Is The Purpose Of Social Security?

Most people think of Social Security as just a retirement program. This makes sense given that you can’t collect it before age 65 without a penalty. But, it also provides some life insurance and disability protection as well.

Let’s say that, God forbid, you are in a terrible roller derby accident. It can happen to anyone.

If you didn’t survive your accident, your dependents would receive benefits from Social Security. If you were severely disabled, you would also receive some compensation through what you had already contributed. The Center for Budget and Policy Priorities has done an extensive study on the data and statistics on Social Security benefits, and I will be sharing them with you.

In 2016, approximately one-fifth of the 60 million people who received Social Security benefits were either disabled or dependents of deceased workers.

Now that you have this knowledge, you can go all out in your next roller derby tournament.

Question #3: Who Is Eligible For Social Security Benefits?

 

If you’ve worked for 10 years or more, you’re probably eligible. In order to receive the minimum income of $1,260 per quarter, you need to have 40 credits (or quarters) of coverage.

There are a few odd exceptions to this. Pastors have the option of choosing to not opt-in to Social Security. Federal employees hired before 1984 can’t participate and railroad workers usually get benefits through a different system.

As long as you don’t fall into one of those categories, you should be solid.

Question #3: What Determines How Much You Receive In Benefits?

The amount you end up receiving is based on the amount you earned over the course of your life. The more you earned and paid in taxes, the higher the amount (not percentage) you receive.

Let’s say you’re a high-flying CEO earning a cool six-figure salary. You will pay a percentage of your salary in Social Security taxes, up to a maximum taxable amount of $118,500. When you retire (or are pushed out by a younger, better looking executive), you will receive benefits based on your earnings and what you paid in taxes.

But here’s the thing: the higher your earnings, the lower percentage you earn in benefits. In other words, if you make 45 percent of the average wage, Social Security will replace about half of your income. If you earn more, Social Security will replace a lesser percentage. It’s a progressive benefit.

As you get older, your benefits will be adjusted based on the cost of living. This is to prevent you from sinking into poverty and being forced to panhandle for change.

If you start drawing benefits early, you will receive a reduced amount.

Question #4: Why Is Social Security Important?

 

When you see that chunk of change being removed from every paycheck, it can be tempting to think that Social Security is just a waste of your money. But it’s not.

First, it’s an almost guaranteed retirement plan. The Social Security Administration estimates that 97 percent of people aged 60 – 89 receive benefits or will receive them. This functions as a safety net for retirees.

Second, it’s available to all people, no matter how much they earned. Unlike some programs, where you get the shaft depending on your earnings, everyone has access to Social Security funds.

Social Security matters for the United States, especially as the Baby Boomer generation hits the retirement age. Without it, many people would be left high and dry with very little in their bank account.

Question #5: Can You Live Off Social Security Benefits After You Retire?

Unfortunately, Social Security doesn’t pay enough to let you purchase a Lamborghini or a house in the Hamptons. In fact, the benefits are actually smaller than many people realize.

In 2016, the average benefit was only about $16,000 per year. Unless you’ll be living in a shack and eating noodles, that’s probably not enough to survive.

And, to make things worse, the replacement rate for wages is falling. In 2016, Social Security replaced about 39 percent of past wages, but it’s going to fall to about 36 percent in the future.

That being said, Social Security will still replace a significant portion of most people’s income and shouldn’t be discounted.

Question #6: Is Social Security Important For People Other Than Retirees?

 

It sure is. It matters to a lot of children in the United States. In 2014, more than 6 million kids lived in homes that received some form of social security income. This includes dependents of retirees, deceased workers, and the disabled.

You may not like giving up money for Social Security but think about the kids. You care about kids, right? RIGHT?

Social Security is also very important for minorities. Why? Because they often have less opportunity to save money and earn pensions. For those 65 and older, Social Security is 90% of income for Asian Americans, 45% for African Americans, and 52% for Latinos.

Finally, Social Security is critically important for women. It’s common knowledge that women earn less than men, take more time out of the workforce, and live longer than men. This combination makes it critically important to women, especially those who survive their spouses. In fact, about 97% of survivor beneficiaries are women.

Question #7: What Would Happen To Retirees If They Didn’t Have Social Security?

Just how important is Social Security to the elderly? Without it, 40% of those 65 or older would be below the poverty line. That is a huge number of people and will continue to grow as the Baby Boomer generation ages.

With Social Security in place, only 10% of those retirees are below the poverty line.

Social Security is really important to a lot of people.

In fact, 61 percent of elderly people rely on Social Security for the majority of their income. For one-third of those people, it represents 90% or more of their income.

Removing Social Security would create a massive problem for those who are relying heavily on the benefits to keep them afloat.

Question #8: Will The Social Security System Continue As Is?

 

That’s a bit of a dicey question. The Social Security Board of Trustees has said that, unless things change, funds will begin declining and 2020 and become depleted in 2034. When they are depleted, benefits will be paid out a reduced rate.

That reduced rate will start at around 79% and decline to 73% by 2089.

Of course, it’s not likely that you’ll be alive in 2089 unless science finds a way to dramatically increase the human lifespan. However, your kids will be alive, so this does affect them.

Let’s hope they fix things before then.

Conclusion

Clearly, Social Security isn’t a perfect system. It doesn’t have a huge payout after retirement and that payout will probably be smaller in the future. But it does play an enormous role in our society. Without it, millions of people would be in poverty.

Additionally, it functions as a safety net of sorts, so that if something does happen to you, you’ll receive at least some income.

Should you plan on living off Social Security? Of course not. But you can count on receiving something after age 65, and that’s a huge benefit.

John Hawthorne is a health nut from Canada with a passion for travel and taking part in humanitarian efforts. His writing for https://nophysicaltermlife.com not only solves a creative need it has also lead to many new opportunities when traveling abroad.

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Politics

Who Listens When You Lack Power and Privilege?

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Colin Kaepernick Photo Credit: FB

How do we differentiate who we are from what we are? Do titles really define who we are or what we think about people? Do we not care about who they are as a person; their morals, values, and stances?

We are asked as children what we want to be when we grow up, which is often answered by a title – a police officer, teacher, a professional athlete. We don’t get asked who we want to be, or what we want to be known for.

We often assign respect and obedience to certain titles without thinking the expectations we have of someone who holds it. Some may exceed expectations, and others may not be close to meeting them. But, what do we do when we learn who they are as a person and not the title they hold?

A professional football player kneeled during the national anthem because police officers were not meeting the expectations society has relayed on them. But rather than join his efforts in holding them accountable for their deadly actions, he lost his job for getting involved in something that isn’t part of his job description.

Collin Kaepernick’s job is to be a quarterback and not protest injustices which is what some of his critics say. He showed us who he is as a person, what he stands for, and what he believes in. In return, he is villainized and no longer is he considered a good football player, but has been rebranded as a troublemaker. Is that fair?

Power and privilege are two concepts that most people strive to obtain, but some may never achieve it. These two things are primarily held in the hands of white men in America. Minorities lack the social status to have powerful messages heard and understood by White America which often leads to relying on our white counterparts to understand our situation in order for something to get done.

Collin Kaepernick had a platform at his disposal which was the NFL. He used his stage in hopes of giving a voice to an issue troubling his community because this was something “white America” isn’t experiencing, nor could they understand the lived fear people of color have of the police.

Because this was something the majority did not understand, Kaepernick’s behavior was too radical for unaffected to be willing to listen and pay attention to the real issue, police brutality. Kneeling during the flag and national anthem was not about disrespecting the flag or national anthem. His kneeling was to bring attention to an epidemic faced by a particular group of Americans.

When we often hold positions of power, we expect others to listen to us and conform to our desires. When something is not presented how we like it, we are less likely to value that person and what they believe.

One of the core values of the social work profession is the dignity and worth of the person. Acknowledging the reality that not everyone will be affected the same. The willingness to listen to others when they’re trying to tell their story can go as far as saving someone’s life.

If the reasoning for Kaepernick’s kneeling had been met with empathy when he shared why he was kneeling, the issue of police brutality would have remained the center of the issue instead of NFL players being called “sons of bitches” by the President of the United States because he doesn’t like them kneeling.

If the people in power, the NFL stakeholders, the President of the United States, and other officials who can hold law enforcement accountable, cared as much about issues like police brutality as they did about football players kneeling, American lives could literally be saved.

Unfortunately, when minorities with no standing and power in America try to bring awareness to social issues where minorities are also the victims, no one seems willing to listen or do anything about it.

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Culture

The Grand Challenge of Thoughts and Prayers

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The snapping sound of my laptop closing echoed in the room as I stared up at the ceiling and shoved it aside along with the glaring screen and endless scroll of ‘thoughts and prayers‘. Realizing that I had a visceral reaction to seeing ‘thoughts and prayers’ tweeted out by well-meaning people for I’m not sure how many thousands of times now. I puzzled over why this time caused more reaction than other similar events. I won’t even bother to name the incident because it will be dated by the time I finish this article.

The endless snark of the social media blame game (this includes me at times, it’s a coping mechanism) and the seeming avoidance of meaningful action post “marking” events like Sandy Hook or Las Vegas in its level of horror was just too much today.

Maybe it’s the stark nothingness that has followed. In the subsequent, daily violence, the blame of outsiders, leadership, anyone but ourselves for taking action that will result in change, is what must change.

What’s my bias, you ask? The lack of action from anyone posting about guns, walls, terror, foreigners or travel bans outside of snide social media posts. I beg everyone to take meaningful action and then share that on your social media.

Let’s start with the pro-gun people.

Individuals who believe we need guns to protect ourselves from a corrupt government or to keep yourself safe from harm.

Your Action: Go take a class on how to be a hero to satisfy your John Wayne fantasies without getting anyone else or yourself, killed in the process.

I’m quite serious under the sarcastic tone. I think it’s 99% fantasy that you are going to contribute to stopping mass shooters, but at least you are doing something. Share about the awesome class you’ve taken, and how you’ve reduced your “freeze time” in reacting to a guy with a semi-automatic weapon pointed at you or family members while at school, church, the local Walmart or while watching the latest Disney movie at the theatre. Practice should certainly help you if you find yourself at a packed outdoor concert with thousands of people. Make sure to take the advanced class at aiming for shooters at 15 plus stories above (also without shooting bystanders or others in the building). Make sure to share with everyone the smoke signals you learned to share with the local law enforcement, who will surely appreciate your well -trained help in the next mass shooting incident.

NRA Defensive Pistol Course

The NRA Defensive Pistol course will focus on the techniques needed to develop a defensive mindset. The goal of the course will be to develop the knowledge, skills, and attitude necessary to carry and use a concealed pistol ethically, responsibly and with confidence… This course is only conducted by NRA certified Advanced Pistol Instructors.

NRA FIRST Steps Rifle Orientation

Firearm Instruction, Responsibility, and Safety Training is the NRA’s response to the American public’s need for a firearm orientation program for new purchasers.

You can even check their ratings on Yelp.

Next, let’s talk with the travel ban people.

Your Action: Get a big paper map

Get yourself a world map- the type that covers your entire wall, old- school style with accessorized colored push- pins. I won’t tell you how to code your travel ban countries but you’ll need to, in 4th-grade style, create a key and chart about the history of mass shootings in the US and make sure we’re covering the right countries. Don’t let phrases like “extra super extreme vetting” confuse you.

Better yet, just list the countries that you believe pose a danger to America based on recent history (I’m trying to be reasonable- perhaps since 2007?). Then look at the travel ban list- how do they match up? If they don’t, there’s your short list of action items. Find out why the “terrorist countries” aren’t on the list then contact your local, state and federal representatives about it. Share that on your social media.

Here’s a link to the Department of State: https://travel.state.gov/content/travel/en/news/important-announcement.html

For the “Build the Wall” people:

Do you want to build a wall to keep out people who fly here? Who are you trying to keep out? If it’s the Terrorist Catholics from Mexico you’ll need to make that case, but far too many responses to news and social media reports are reactionary to terrorists who flew here on an airplane or actually live here in the US.

Your Action: Check the country of origin for the latest mass shooting or terror attack on the map and compare it to the travel ban list to see if your noise on social media is adding to creating change or confusing the uneducated. If they can’t walk here, surely it’s the latter.

For gun safety or anti-gun people:

Know what “they” have for support and organizing versus what you do. There’s money all around, but being a paid member of a club like the National Rifle Association gives a base of actionable information sharing that those who lack organized structure do not. Gun safety advocates need to reach out to the community and invite them in, not just ask for donations about something they believe is obvious and based on moral outrage. Teach others how to organize- the NRA’s annual meeting has something like 80,000 members present every year. Professor Harie Han wrote about this in “How Organizations Develop Activists” which I stumbled upon while looking for others who think along similar lines.

Using terms like “gun violence prevention” is more useful and descriptive for most arguments (and reflective of almost all Americans) rather than “gun control”. An easy action item is to learn your local and state laws on gun violence prevention and join an already established group like Everytown that is making headway and has coffee meetups for new members. Don’t reinvent the wheel.

Most of all, do rather than say– then share what you’re doing and why. Your focused time will reflect your passion for change and will be more likely to draw others in.

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News

Study Finds Fringe Communities on Reddit and 4chan Have High Influence on Flow of Alternative News to Twitter

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Researchers at the University of Alabama at Birmingham, Cyprus University of Technology and University College London have conducted the first large-scale measurement of how mainstream and alternative news flows through multiple social media platforms.

After analyzing millions of posts containing mainstream and alternative news shared on Twitter, Reddit and 4chan, Jeremy Blackburn, Ph.D., and collaborators found that fringe communities within 4chan, an image-based discussion forum where users are anonymous, and Reddit, a social news aggregator where users vote up or down on posts, have a surprisingly large influence on Twitter. The results of the study were published this week in a paper at the ACM Internet Measurement Conference in London.

“Based on our findings, these smaller, fringe communities on Reddit and 4chan serve as an incubation chamber for a lot of information,” said Blackburn, assistant professor of computer science in the UAB College of Arts and Sciences. “Many online hoaxes, false or misleading stories have been traced back to users on these platforms. The content and talking points are refined until they finally break free and make it to larger, more mainstream communities.”

The team gathered information from posts, threads and comments on Twitter, Reddit and 4chan that contained URLs from 45 mainstream and 54 alternative news websites. Activity on the three platforms was measured between June 20, 2016, and Feb. 28, 2017.

They analyzed more than 400,000 tweets, 1.8 million posts and comments on Reddit, and 97,000 posts and replies on 4chan. After analyzing the occurrence of 99 URLs on the top 20 mainstream and alternative news sites, they found Breitbart.com made up 55 percent of the URLs from six selected subreddits, and the nytimes.com made up 14 percent. Breitbart.com made up 44 percent of the URLs on Twitter, while theguardian.com made up 19 percent, and Breitbart.com made up 53 percent of the URLs, with theguardian.com making up 14 percent.

Using the unique URLs across all platforms and the time they first pop up, the team analyzed their appearance in one, two or three platforms, and the order in which the appearance occurred. Examination of the path of a URL reveals the domains whose URLs tend to appear first on each of the platforms.

Flow of Mainstream News

For the mainstream news domains, the group found that URLs from nytimes.com and cnn.com tend to appear first more often on Reddit than Twitter and 4chan. On the other hand, URLs from other domains like bbc.com and theguardian.com tend to appear first more often on Twitter than Reddit. There was no instance where mainstream news URLs tended to appear first on 4chan.

Flow of Alternative News  

The group found that breitbart.com URLs appear first in Reddit more often than on Twitter, and more frequently than they do on 4chan. However, for other popular alternative domains, such as infowars.com, rt.com and sputniknews.com, URLs appear first on Twitter more often than Reddit and 4chan. As is the case with the mainstream domains, there was no domain where 4chan dominates in terms of first URL appearance.

In addition to studying how news is shared on the three platforms, the researchers were able to estimate how much influence each platform has on the information shared on other platforms, using a mathematical technique knowns as Hawkes process.

The group measured the influence of six subreddits from Reddit.com, “The_Donald,” “politics,” “worldnews,” “AskReddit,” “conspiracy,” and “news,” the “/pol/” board on 4chan and the Twitter platform. They found that Twitter has a heavy influence on the posting of URLs from alternative news sites on the other social platforms, and is the most influential single source for most of the other web communities.

“These platforms have become an important piece of the modern information ecosystem,” Blackburn said. “As we continue to see the creation and spread of hoaxes, rumors and false information online, this knowledge is crucial to understand the risks associated with alternative news and to aid in designing appropriate detection and mitigation strategies.”

Blackburn is a co-founder of the International Data-driven Research for Advanced Modelling and Analysis Lab, or iDRAMA Lab, an international group of scientists focusing on modern socio-technical issues with expertise ranging from low-level cryptography to video games. The paper, “The Web Centipede: Understanding How Web Communities Influence Each Other Through the Lens of Mainstream and Alternative News Sources,” can be found here.

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