Tuesday, August 11, 2020

11 August 2020 - Plague Journal Day 151

Micah 6:8
2 Kings 20:12-17
Yes, your life matters.

We all are still sheltering in place, but I'm here to keep you sane and entertained.
One could hardly ask for much more than that, now could one?

The President issued an Executive Order and some Presidential Memoranda in recent days aimed at extending extra unemployment benefits and at giving some extra income to folks who are actually working as well (nice to be remembered now and again, I suppose).

Predictably, those of the other political persuasion are hopping mad, if not worse. After all, the President can't just issue Executive Orders and do what he wants - it's not like he doesn't need Congress as long as he has a pen and a phone, right? Oh. Well.

Anyway, some of the controversy is over the suspension of FICA taxes - payroll taxes, aka Social Security taxes. Suddenly those looking for a few extra trillion dollars to throw around are feeling the need to protect the Social Security accounts of their constituents. It's almost like the days of putting that money in a lock box for each of us to access when we hit whichever magical age Congress decides is the time to open the box, right? Of course, there never has been an actual, funded Social Security trust. (Maybe not never - it might have worked correctly for a short time before I was born, I suppose.)

 

None of this is new, of course, and I ran across this timely, yet gloriously out-of-date blog post from nine years ago - enjoy!

Keep Calm and Stay Away.
I'll be back tomorrow.

 

 


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