Word: trustingly
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...Kingston started trying to explain who the Social Security trustees are, the man quickly interjected "are they congressmen or banks?" Kingston said he wasn?t exactly sure who the trustees were, but he would find out. He moved on to the next slide to explain that Social Security's Trust Fund would be depleted by 2042, but then 75-year-old Roy Goodman asked, "why so many different dates here? It was five years, then 10 years, now it's 2042. I don't think the government is telling people the truth about Social Security...
...money it uses for foreign aid to pay for Social Security (the costs of Social Security completely dwarf the U.S. foreign aid budget). When he explained government would only put the money of workers into safe funds, a group of women immediately shouted "what's safe?" They don?t trust us," Kingston admitted...
Under the current system, once a worker pays his or her Social Security taxes into the system, the worker no longer owns that money. That’s a very paternalistic system—the government doesn’t trust people to control their own money. In addition, two major problems are created: workers have no right to their Social Security benefits, and workers cannot pass on their accumulated Social Security retirement money to their heirs...
...total wages taxed by Social Security to 90 percent of nationwide earnings (right now they are at 85 percent). If the cap is raised, perhaps phased in over a decade, to $140,000, it would lower the projected shortfall by some 43 percent. Second, we could diversify Social Security Trust Fund investments to get a higher return, which could fix about 15 percent of the problem. Reasonable steps such as these are enough to strengthen Social Security for the long-term. And a recent AARP survey revealed that most people support changes like these...
...misinformation in the public domain...if adequately explained, most people are in favor of moving forward,” said Zon, who is also a professor of pediatrics at HMS. “Even among conservative voters, the public supports the research and seems to trust what the scientists tell them—which is probably why the opposition has to resort to propaganda campaigns...