Wednesday, November 6, 2024

Laborfoce issue: policies would drain Social Security’s finances faster


Down! The lack of like the healthcare system you are used to would be hard and trans, gay and just women's health, lifespan declining because the laws related to her healthcare would be bad for the workplace The adjustment to the social decline would be hard if at all possible. The mental health issues from the social decline of workers would be bad. But the cost of  tariffs in a time of massive global debt $97 trillion they have no money they are in debt. The cost gets passed on to the consumer. "Companies that import products subject to the duties, and they either pass on the costs to consumers or accept lower profits." Money does not go lower like voluntary consumer biased pricing or forced by people declining getting cheaper things. The cost gets passed on to the consumer anyway you see it. https://unctad.org/news/global-public-debt-hits-record-97-trillion-2023-un-urges-action

But the lack of Social Security is bad for the futures of all. The more poor than rich unable to take care of their futures just won't have much in a "Taken together, the net effect of Trump’s policies would be that Social Security’s cash deficit would increase by $2.3 trillion over 10 years, through 2035, according to CRFB."

"Trump’s desire to impose widespread tariffs, a major facet of his economic agenda, would also pose problems for Social Security. The tariffs would almost certainly raise the price of goods and services, which would mean the cost-of-living adjustment in Social Security benefits would have to increase. The cost-of-living adjustment for 2025 will be 2.5%. However, Trump’s tariffs are seen as widely inflationary and could lead to price increases that are above that level. In that case, Social Security would have to spend more to keep pace with the broader rate of inflation or recipients would have to face a decline in the real value of their benefits." https://fortune.com/2024/10/21/donald-trump-social-security-trust-fund-insolvency-benefit-cuts-kamala-harris

Also deporting undocumented immigrants when they pay billions into Social Security and receive no benefits is a loss. "Estimated undocumented immigrants contributed $12 billion into Social Security." https://www.marketplace.org/2019/01/28/undocumented-immigrants-quietly-pay-billions-social-security-and-receive-no

In the light of a problems a social decline causes and higher cost of things in all is just a unstable time to effect Social Security like this. There needs to be a plan to fund the loss because of the losses. Not everyone can live like a Amish also Amish have no retirement of investments in stocks. Bad time to try!

In the light of the problems a social decline causes in the workplace. Also the cost of tariffs passed on to consumers to not take the loss in business. Some kind of investment in the workers would be needed. Higher wages are better than declining workers.

Saturday, November 2, 2024

Tipping points of Climate Change kind of like a asthma attack all the time.

Breathing problems from climate change is like a asthma attack all the time. Or like the back woods undiagnosed heart condition, redneck laying sideways in bed moderating the pain from a heart attack because they can't afford to go to the hospital. But it goes on forever as it's from climate change not changing for the better! In that is a sad way of life to be living that life expecting others deny it also.

~~~~Global warming contributes to breathing problems by making air quality worse. TRUE. In many regions, the warming climate is making air quality worse. Poorer air quality contributes to or may cause breathing problems and respiratory illnesses. https://www.nationalacademies.org/based-on-science/does-global-warming-cause-breathing-problems

~~~~We're nearly halfway through the 2020s, dubbed the most decisive decade for action on climate change. Where exactly do things stand? Climate impact scholar Johan Rockström offers the most up-to-date scientific assessment of the state of the planet and explains what must be done to preserve Earth's resilience to human pressure. https://www.youtube.com/watch?v=Vl6VhCAeEfQ