Sam Seder
@TheMajorityReport·2M subscribers·30.1K videos
The Assault On Social Security | Alex Lawson | TMR
Posted
February 15, 2025
Views
68,548
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2,870
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February 15, 2025
68,548
2,870
688
5.19%
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42:10Now PlayingLive-streamed on January 7, 2025
Alex Lawson, executive director of Social Security Works, to discuss President Biden signing the Social Security Fairness Act into law.
Alex Lawson then joins, quickly running through the recent debates over social security – from the Trump-Musk push to cut it via the Department of Government Efficiency (DOGE) to Biden’s recent passage of the Social Security Fairness Act – before taking a major step back to the Reagan Administration as he walks through Reagan’s sweeping WEP and GPO kneecaps to Social Security, serving to cut all benefits by 14% and completely carving teachers, police officers, and firefighters out of the system, respectively, and serving to bolster the rapid development of wealth inequality over the four decades since, helped all the while by the shift from defined-benefit pensions to defined-contribution 401ks. Jumping back to the modern day, Alex, Sam, and Emma unpack the attacks to be expected as Trump’s DOGE takes over, from addressing supposed concerns about growing life expectancy – a development only affecting the wealthy – to attempts to make it more “profitable” by undercutting benefits rather than raising revenue, and tackling the unsurprising solution of simply lifting (or even eliminating) the income cap that prevents wealthy people from paying their fair share into the system. Wrapping up, they assess the overwhelming popularity of Social Security (outside of DC, of course), and what it will take to protect it.
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