Important. Please understand how your own government actually works people.
By Frederick H. Decker
Common Dreams
Nov. 29, 2023
National news media often broadcast misinformation when discussing the debt of the United States government, erroneously targeting Social Security as the main culprit whether intentionally or from genuine ignorance.
The coverage of the federal debt by news media generally considered credible often mirrors, unfortunately, the falsehoods heard from Republican lawmakers in blaming Social Security as a major driver of the federal debt. Such misleading news coverage was embedded in a recent segment aired during the week of Thanksgiving on the PBS NewsHour, which is an hour I watch regularly to typically be informed by sound journalism. But in the segment at issue here, I witnessed misinformation broadcast to the public that could shape public opinion into thinking, quite erroneously, that Social Security needs gutting because it is the culprit increasing the federal debt. It isn’t.
This particular segment on the federal debt on PBS NewsHour was introduced on Tuesday November 21 by coanchor Amna Nawaz stating how the “U.S. government remains open this Thanksgiving week, thanks to a temporary funding deal Congress passed last week.” But when that temporary funding starts expiring in January, Nawaz added, “conservatives are signaling they won’t pass another funding deal without addressing a bigger issue, the swelling U.S. national debt.”
Then coanchor Geoff Bennett and correspondent Lisa Desjardins, standing before a screen with varying charts, discussed the growing interest paid on the federal debt. As Desjardins put it, “just the interest on our debt is so large [in the past year] that it is almost [the size of} the entire Department of Defense budget.” That statement may be true, but that was not the punchline of the segment.
Social Security hasn’t reduced available general revenue nor been the reason why politicians are not funding programs for younger constituencies.
The NewsHour segment ended mirroring the Republican Party’s mantra that Social Security is the major driver of the federal debt. As Desjardins concluded “the three largest drivers of the debt are in reality” Social Security, Medicare, and interest on the debt, with each in the chart displayed indicated as accounting respectively for 21.2%, 12.9%, and 10.5% of total federal expenditures. Desjardins added, “Really what’s happening here is Congress is not addressing the big drivers of the debt at all.”
In a recent piece with misinformation embedded in its title alone, “Why We’re Borrowing to Fund the Elderly While Neglecting Everyone Else,” columnist Catherine Rampell also implied that borrowing to fund Social Security benefits will, as she wrote, “continue to crowd out future spending obligations in years ahead” on programs for the young like “pre-K, or child care, or paid parental leave, or a more generous child tax credit.”
One problem in such depictions exemplified by the NewsHour and in Rampell’s article is that Social Security, specifically, is funded almost exclusively by its own revenue source. Not by borrowing, as Ms. Rampell implies without providing supportive evidence for that contention (because there isn’t any). Nor funded by general revenue as likely many believe when seeing typical charts on federal spending (like that shown in the segment aired on PBS NewsHour) that include Social Security expenditures, which are not at all funded by general revenue but, rather, by its separate targeted payroll and income taxes.
Actually, as I have written about previously, Social Security is today the entity owning the most debt, $2.7 trillion in Treasury securities (Monthly Treasury Report, Table 6, Schedule D as of October 31, 2023). More than the two foreign governments owning the most U.S. debt, Japan today owning U.S. securities valuing $1.1 trillion and China with under $1 trillion.
Surpluses in Social Security revenue by law have to be invested in U.S. securities. And revenue surpluses have over the years been the norm in the program. Thus, Social Security for years, in essence, funded the debt with its surplus revenue, not caused it.
Social Security hasn’t reduced available general revenue nor been the reason why politicians are not funding programs for younger constituencies as Ms. Rampell alludes to in her piece. Tax cuts during the Trump and Bush administrations, however, did help do that. Growth in deficits and debt, as analysis by the Center for American Progress indicates, has largely been driven by those tax cuts. Tax cuts reducing general revenue applicable to programs like the earlier expanded child tax credit that, before expiring, lifted more children out of poverty.
The Social Security program has nevertheless, according to reports by the Board of Trustees overseeing the program, recently incurred shortfalls in its dedicated revenue stream. In 2022, a 4% shortfall noted in the trustees’ current report (Table II.B1, page 7). And those recent shortfalls have been met simply by just cashing in some U.S. securities the program acquired over the years with revenue surpluses.
But true enough, within current parameters of the program, the trustees predict the program’s reserves (i.e., securities) will be depleted by 2033. Then relying solely on Social Security’s separate tax revenue, it is predicted only 77% of benefits due will be payable. That’s not being totally broke, but it would have an adverse effect on the income many elderly depend upon.
Raising the Social Security retirement age to purportedly reduce costs also has adverse effects that, as I discussed earlier, the Congressional Research Service among others have outlined. For one, among those of lesser means who also on average have lower life expectancies, increasing the retirement age would reduce their lifetime Social Security benefits collected disproportionately relative to reductions among higher income earners with typically longer life expectancies. Increasing the retirement age would, furthermore, disproportionately harm those retiring early due to work-related health impairment suffered most prevalently in blue-collar occupations.
A different option some propose to increase revenue is eliminating the cap on the income subject to the Social Security payroll tax. In 2024 the limit on income taxed will be $168,600. Income above that limit would not currently be taxed.
However Social Security is made solvent for the future, one thing is quite clear. Social Security has not been the reason for incurred and increasing U.S. debt.
Stop attacking libraries !
This is absolutely catastrophic.
How this got back to me, I don’t know, BUT thank you tumblr.
Complex hydrocarbon breakdown sure, decomposition, but heavy metals are already in their simplest forms. So that phase is just dilution is the solution to pollution. Ha!
How mushrooms clean up toxic messes
Ha. !
That’s where it is.! I swear, just got distracted for a moment waiting on the modem to log in.
Some (older/ancient) peoples will understand.
I LOVE this description!
Having been,on occasion, the person tied into a tree with the chainsaw in hand; you have got to KNOW/LIVE that knowledge or bad things will happen.
Well done. Accolades. 👏🏻👏🏻👏🏻
tyler, at the point where torsion is not applied makes a shallow pie cut(open face), The compression wood is then somewhat relieved, this opens the tree up for barber chairing which can be extremely fatal. The part I decieded to film at is when he stepped and bucked down into a lower and more ducked position incase of minor barber chairing which can occur but isn’t likely if you make your cuts right. Hickory like this is strong meaning a 5% hinge is critical. burrow cut/plunge cut into the center than move tword the face cut to make a 5% hinge. the back wood and the hinge spot are what we call fiber plates that are holding that tree together, the back is under tension, the hinge under compression. after moving forward to leave 5 % hinge, cut backwards in the plunge cut tword yourself till a tension fiber plate of 5% is remaining. When their is still potential for spring loading your spar/snag while bucked in, it isn’t wise to continue your borrow/ plunge cut out the back twords your face as you can buckle your arms and saw chuck your face or not get your saw out fast enough to prepare for the pop and release. Tyler is tied in to a tree adjacent to him but on MRS/DRT and not as a trunk anchor and not in the best spot, it’s back up so he doesnt whip if he gaphs or spikes out from spring back. The other method used often is called double bucking with a sinching method or spar anchor to prevent this. Either way you never cut twords your face on a spring loaded spar/snag. Tyler than finishes the back fiber plate off full throttle with a simple back cut. static lowers his chainsaw after knuckle pucking the chainbrake foreward and rushes to brace pushing away from the spar as it crashes to the grown missing the targets near by and freeing it’s self from the tree its few tips were tangled in.
That certainly would appear to be the situation.
So why are so many still enamored of this party, the vast majority will not be able to enjoy the tax cutting the party is espousing. They are actually the ones that are paying the bills.
And that’s how it’s done. No muss, no fuss, no life vest, no safety ropes. Just simple competency.
Longing for deep water, following seas, and wooden ships.
Woooo
How can people not get this. Almost all of you know people like this (they’re old now and mostly dead). However the ones that followed to displace selected autocratic leaders, you do know. Iraq……… …..Afghanistan……others also…….and now Ukraine, yes independent Americans are fighting with them.
Stop being hypocritical and defend democracy instead of tearing it up.
Librarians are not gatekeepers or groomers. They only caretake information so that you can use YOUR OWN MIND/BRAIN to make your own informed decisions.
You do have a brain……..right. .? Why not give it a try. ?
Librarians are awesome!!
Capitalism and Consumerism are destroying this planet 🌍 [IS ACTUALLY THE ONLY ONE WE HAVE ]. It is also the end of us as a dominant species.
Oh my god I'm sooooo mad right now
So. I have no business telling people not to collect wild plants/materials.
I do it all the time.
However.
The words "wildcrafted," and "foraged," even "sustainably harvested," are terrifying to see in an ad on Etsy or Instagram
There is a such thing as the honorable harvest where you ASK the plant if it is okay to take, with the intention of listening if the answer is NO. Robin Wall Kimmerer talked about this, She did not make it up, it is an ancient and basic guideline of treating the plants with respect.
Basically it is not wrong to use plants and other living things, even if this means taking their life. But you are not the main character. You have to reflect on your knowledge of the organism's life cycle and its role in the ecosystem, so you can know you are not damaging the ecosystem. You have to only take what you need and avoid depleting the population.
Mary Siisip Geniusz also talked about it in an enlightening way in her book Plants Have So Much to Give Us, All We Have To Do is Ask. She gave an example of a woman who was on an island and needed to use a medicinal herb to heal her injured leg or she would not survive the winter. In that situation she had to use up all of the plant that was on the island. This was permissible, even though it eliminated the local population, because she had to do it to save her life. But in return the woman had the responsibility to later return to the island and plant seeds of that plant.
And what makes me absolutely furious, is that there are a bunch of people online who have vaguely copied this philosophy of sustainability in a false and insulting way, saying "wildcrafted" or "foraged" materials to be all trendy and cool and in touch with nature, when it is actually just poaching.
If you are from a capitalistic culture the honorable harvest is very hard and unintuitive to learn to practice. I am not very good at it still. This is why it is suspicious if someone is confident that they can ethically and respectfully harvest wild materials with money involved.
So there's this lichen that is often called "reindeer moss." It looks like this:
It grows only a few millimeters a year.
This is "preserved" reindeer moss.
It is from Etsy, similar is also sold in many other online shops, many of which have the audacity to describe it as a "plant" for decorations and terrariums that needs no maintenance.
It is not maintenance-free, it is dead. It has been spray-painted a horrible shade of green. The people buying it clearly don't even know what it is. It is a popular crafting material for "fairy houses," whatever the hell those are. So is moss, also dead, spray-painted, and wild-harvested. Supposedly reindeer moss is harvested sustainably in Finland, where it is abundant, for the craft industry. However poaching of lichens and mosses is absolutely rampant.
It's even more upsetting because there's hardly any articles drawing attention to the problem. This one is from 1999. And the poaching is still going on.
There is a "moss" section on Etsy, and it is so upsetting
These mosses and lichens were collected from the wild. Most of the shops are in the Pacific Northwest or Appalachia, which are the major locations of moss and lichen poaching. There are some shops based in Appalachia selling "foraged" reindeer moss.
Reindeer moss may be abundant in Finland, but in Appalachia it should NOT be harvested to be sold on Etsy as craft supplies! Moss doesn't grow quickly. Big, healthy colonies like this took years to grow. Some of these shops have thousands of sales, all of bags and bags of moss and lichen, and thinking of how much moss and lichen that must be, I am filled with horror.
Clubmosses do not transplant well, and these ones have no roots. The buyers do not realize they have bought a dead plant because clubmoss stays green and pliable after it is dead.
This is especially awful because in Mary Siisip Geniusz's book she talked about clubmosses being poached so much for Christmas wreaths that they had almost disappeared from a lot of forests.
I don't even know if this is illegal if it's not a formally endangered species so I don't know if I can report them I'm just. really sad and angry