retirement – Lone Candle

The Savings Expert: The Truth About America Collapsing! The Cost Of Living Is About To Skyrocket!

Posted on May 21, 2025May 21, 2025 by Lone Candle

After WWII, the other manufacturing centers of the world were rebuilding from the war, leaving the U.S. as a manufacturing superpower. Post-war Americans had pent up demand and bought lots of goods. This allowed U.S. manufacturing to flourish. Later, those countries rebuilt and third world countries developed manufacturing. Allowing low-value manufacturing to be done in places like China allowed the U.S. to invest the money made into high-value things. Now, manufacturing is highly automated, so if low-value manufacturing returned, it would make everything more expensive and not bring many jobs because manufacturing doesn’t require many laborers.

https://www.youtube.com/watch?v=uxu37dqVR90

‘It’s a shambles’: DOGE cuts bring chaos, long waits at Social Security for seniors

Posted on April 9, 2025April 9, 2025 by Lone Candle

“When Veronica Sanchez called a Social Security hotline Thursday, she waited two hours before her call was abruptly disconnected.
On Friday, she was on hold for six hours and still did not get through to anyone.

“I’m gonna have to take time out of my work to stand in line and hopefully get this resolved,” the 52-year-old medical practice manager in Canoga Park said Monday before calling one more time.

For Sanchez, the stakes are high: If she does not obtain a medical letter from the agency by April 15, her parents, who are on a fixed income, risk losing about $2,500 a month in medical care. They would no longer receive insulin medication for their diabetes, she said, and could lose their daily visit from a nurse.

But even if Sanchez shows up in person, she is not likely to speak to an agent. Field offices are no longer accepting walk-in appointments.

“The system, it’s broken down,” Sanchez said.

Elderly and disabled people — and those who care for them — are encountering a knot of bureaucratic hurdles and service disruptions after the Trump administration imposed a sweeping overhaul of the Social Security Administration system.”

…

“In February, the agency that sends monthly checks to nearly 73 million Americans announced plans to slash 7,000 jobs and consolidate its regional offices from 10 to four as part of an effort to “reduce the size of its bloated workforce and organizational structure.” The cutbacks, enforced by Musk’s advisory team known as the Department of Government Efficiency, represent a 12% reduction of the agency’s workforce.

Sanchez does not believe she is reaping the benefits of government efficiency.

“It’s frustrating,” she said, noting that a call that would once take 15 minutes now involves much more work.”

…

“Maria Town, president and chief executive of the American Assn. of People with Disabilities, told The Times that the system changes were not only hurting people’s ability to sign up and enroll for benefits. People already connected to the system who needed support were also having trouble appealing benefits decisions or accessing medical services.

“You can’t get anyone on the phone,” she said.

Even before Trump took office, Town said, the system had challenges: About 30,000 disabled people died in 2023 waiting for their SSDI application to be approved.”

…

“About five months ago, Taylor said, he asked for the same letter at the same office and did not run into any issues. He didn’t know what to make of the difference and had not followed the changes in the White House.

“If this is what they’re doing in Washington, it isn’t fair to everyone else,” he said. “Poor people always seem to get the worst of it.””

https://www.yahoo.com/news/shambles-doge-cuts-bring-chaos-100033401.html

Trump just opened the door to Social Security cuts. Take him seriously.

Posted on March 14, 2024March 14, 2024 by Lone Candle

“During his 2016 campaign, Donald Trump called for a ban on all Muslim immigration to the United States, the targeted assassination of terrorists’ family members, the overturning of Roe v. Wade, the repeal of the Affordable Care Act, and enormous corporate tax cuts.
And voters considered him the most “moderate” Republican candidate in more than four decades.

To the extent this perception had any basis in reality, it reflected Trump’s genuine moderation on one highly salient issue: Unlike many of his GOP predecessors, the mogul emphatically opposed any cuts to Medicare and Social Security. This likely made it a bit easier for ideologically conflicted older Rust Belt voters to pull the lever for a Republican.

As president, Trump never pursued large cuts to Medicare or Social Security benefits and implored his party to avoid them during the debt ceiling fight last year.

Since the days of FDR, Democrats have profited from their reputation as the more stalwart guardians of entitlement benefits. Trump’s triangulation threatens to nullify that critical source of partisan advantage. President Joe Biden has therefore sought to portray Trump’s avowed support for Social Security and Medicare as fraudulent. And on Monday, the presumptive GOP nominee bolstered the president’s case.

In an interview with CNBC, Trump said that he was open to cutting entitlement spending. Then, his campaign said that he wasn’t.

Trump’s reflections on public policy tend to bear only a loose resemblance to coherent thoughts. And his remarks about entitlements on CNBC Monday were no exception. In that exchange, anchor Joe Kernen told Trump that “something has to be done” about entitlement costs, then asked if the former president had changed his mind about cutting “Social Security, Medicare, [and] Medicaid” in light of the rising national debt.

Trump replied:

So first of all, there is a lot you can do in terms of entitlements, in terms of cutting, and in terms of, also, the theft and the bad management of entitlements — tremendous bad management of entitlements. There’s tremendous amounts of things and numbers of things you can do. So I don’t necessarily agree with the statement.

Biden pounced on Trump’s words, posting a clip of the Republican’s answer and vowing that no cuts to entitlements would be allowed “on my watch.” The Trump campaign replied, “If you losers didn’t cut his answer short, you would know President Trump was talking about cutting waste.”

This rebuttal is disingenuous. Trump plainly stated that there was a lot that the government could do “in terms of cutting” entitlements and “also” in terms of combating “theft and bad management of entitlements.” What precisely the former president is referring to when he alleges that Social Security, Medicare, and Medicaid are rife with theft, bad management, and waste is unclear. And neither he nor his campaign has produced any actual evidence of such improprieties.

This said, it’s also true that, by the end of his answer, Trump was evincing disagreement with Kernen’s statement that entitlements needed to be cut. So, one could reasonably argue that, as with so many of Trump’s statements, his musings on entitlement reform were too suffused with internal contradictions and baseless demagogy to have any concrete meaning.

Yet Trump’s gaffe is not the only reason for voters to fear that a Republican victory in November could lead to leaner Social Security benefits.

For one thing, Trump spent his entire presidency trying to cut Medicaid, an entitlement program that provides not only health insurance for low-income Americans, but also long-term care for older voters. And he has tried to cut Social Security benefits for disabled and low-income people.

For another, the GOP’s avowed fiscal commitments cannot be reconciled with preserving Medicare and Social Security in their present forms. Congressional Republicans are committed to enacting trillions of dollars worth of new tax cuts, perennially increasing defense spending, and balancing the federal budget. There is no politically tenable way to do this without cutting Social Security or Medicare.”

https://www.vox.com/politics/2024/3/12/24098773/trump-social-security-medicare-cuts-entitlements-position-2024