Hiltzik: GOP will use coronavirus to bypass Social Security

Published

5 years ago

May 18, 2020

Hiltzik: GOP will use coronavirus to bypass Social Security

We must marvel at the admiration for determining the enemies of Social Security among Republicans and conservatives:

Not only do they refuse to let a global crisis like the COVID-19 pandemic divert them from a long-term campaign to undermine the program, they also use the crisis to justify cutting benefits.

The latest idea of making a round of anti-Social Security caucuses is to pay for a coronavirus stimulus aid for Americans who need it most by forcing them to borrow from their future retirement benefits to keep themselves eating and living today.

Social Security is the insurance benefit obtained. That’s not a piggy bank.

Alex Lawson, executive director of the Social Security Jobs advocacy group

The news that the White House was eyeing the idea came from the Washington Post, which reported over the weekend that the government is concerned about the impact on the national debt battle against COVID-19.

It’s no secret that Republicans have begun to collect deficit arguments for further assistance to Americans who have lost work or work hours due to the virus.

Senate Majority Leader Mitch McConnell (R-Ky.) Called for the brakes to be applied to further stimulus measures because of concerns about the federal budget soon after the passage of the $ 2 trillion CARES Act in April. Since then, they have strengthen their stance for further assistance.

Interestingly, in a frightening way, are options contemplated by Trump administration officials to maintain further stimulus assistance from burdening the richest taxpayers. The Post reports that they are “exploring” proposals submitted by two conservatives that allow workers to receive up to $ 10,000 today, but pay their money back by delaying their Social Security benefits once they retire.

Proposal comes from Andrew Biggs from the American Enterprise Institute and Joshua Rauh from the Hoover Institute at Stanford University. Biggs and Rauh closed their plan by calculating that a $ 5,000 loan would require a maximum defer in just under five months, for a worker with very low income to take out a loan at the age of 60.

For high-income and younger workers, the suspension will be shorter. But as Biggs and Rauh have shown, the burden is greater for those on the lowest incomes.

A worker who gets a maximum Social Security wage ($ 137,700 this year) who takes a $ 5,000 loan at the age of 25 must defer benefits after retirement for less than a month. The worker will receive a partial allowance check in the first month and full benefits afterward.

The Biggs and Rauh plans to charge interest every year from the time the money is borrowed to retirement. They suggest 1.6% a year, which means that a worker who borrows at age 25 will end up with a debt of around $ 9,700, or nearly double the loan amount, at retirement.

That said, it is also true that scheduled benefits will also increase during one’s working life – if they increase by more than 1.6% a year on average, the relative costs of payments will shrink.

How seriously the Trump administration considers this kind of plan open to conjecture. Biggs told me via email that he had made contact with White House staff about the idea, but solely on technical issues such as “how changes in loan size or interest rates could affect months of delayed benefits in retirement.”

He said he had not yet had “a large-scale discussion that would tell me how seriously this policy was being considered.”

Such proposals are likely to get the spotlight from Democrats, who have moved generally towards a plan to increase, not reduce, Social Security benefits. Partly because they recognize that this program is the most important stronghold against poverty in old age, especially for working-class Americans with limited access to retirement savings or pensions.

In essence, a proposal to use Social Security to fund stimulus benefits will effectively free the richest Americans from their responsibilities to society at large, while haunting 99% with more burdens. In the current case, they will force middle and low income workers to bear the costs of the struggle against COVID-19.

The Jamsostek advocate is quite right in the weaponry of this very concept.

“These ideas represent a huge abuse of Social Security for a purpose unrelated to its core goal: providing basic retirement security for American workers,” stressed the National Committee to Protect Social Security and Medicare.

They are right. Proposals for Social Security prepaid provide false benefits about how the program was designed. As Alex Lawson, executive director of the Social Security Works advocacy group observed: “Social Security is the insurance benefit gained. That’s not a piggy bank. “

That’s because Social Security is not solely a retirement plan. This is a social insurance program that combines disability coverage and benefits of survivors with pensions, including inflation protection and lifetime benefits.

For decades, Social Security critics have faced this fact as a hindrance to the many proposals to “reform” the program.

Defining Social Security as if it were just an individual retirement account is the key to the efforts under George W. Bush to privatize Social Security. (Biggs was a staff member of the Bush privatization task force, and later became an official in the Social Security Administration.)

The proposal to raid Social Security to provide a lump sum for individuals has taken steam in recent years. Senator Marco Rubio (R-Fla.), Joined Ivanka Trump in 2018 to apply for family leave benefits which will also be funded by parents who give up some of their Social Security benefits. They based their proposal on a plan previously floated by Biggs and libertarian lawyer Kristin Shapiro.

Earlier this month, a group of scholars at the Wharton School of Business attempted give academic credibility to rob Social Security, stressing that “giving workers initial access to only 1% of their future Social Security benefits” would allow “most households to maintain their current consumption for at least two months.”

All of these ideas seem to make superficial sense, especially since their arithmetic seems to work. What could be simpler than taking money now and paying it back 40 or 50 years from now? But as policies – especially Social Security and safety net policies – they don’t make sense.

The effect will damage Social Security by eroding the fundamental structure. The Wharton Team immediately discussed this.

“A lump-sum payment from Social Security benefits will accelerate the depletion of the Social Security trust fund by several years,” they wrote. “Thus policy makers will be forced to consider rights reforms, such as tax increases or deductions for beneficiaries, more quickly.”

One can already imagine the argument coming from the Republican caucus: “We prefer to maintain Social Security, but the virus forces us to cut it.”

The truth is that a proposal to attack Social Security to pay for coronavirus assistance will hit the most vulnerable Americans – they are people who really need money now, and will pay relatively high fees to get it. As Wharton’s paper observes, “access to Social Security serves the needs of workers vulnerable to the crisis, but does not increase the obligations of the federal government as a whole.”

Because the overall obligations of the federal government are conventionally protected in large part by progressive taxation – that is, heavier tax principles on the rich – we can see who benefits most from making Social Security pay for freight.

As Richard Johnson of the Urban Institute said at the Rubio / Trump family leave proposal, lump-sum Social Security payments would add another channel to the pension system that has made millions of Americans vulnerable.

“Already we have a lot of leaked pension systems,” he said. “People can use their 401 (k) savings or borrow it, so people cannot retire with as much savings as they should. One thing they have now is Social Security, but if we let people borrow Social Security, it adds to the vulnerability of the pension system. ”

Another subtle text of this proposal is that many recipients of the latest stimulus checks – up to $ 1,200 per adult in households earning up to $ 150,000 – are not feasible. Checks will not only be given to workers who have lost their jobs, but also retirees whose income is not affected by the corona virus locking or government workers and others who have not been laid off or experienced a reduction within a few hours.

Turning stimulus assistance into a voluntary program with costs at the end of Social Security benefits will limit government outflows and help ensure that it goes to those who need it, Biggs and Rauh argue.

But those goals can be achieved while leaving Social Security out of the process. Payments that don’t need to be recovered by taxing, for example. The 1040 tax form next year can ask: Have you been laid off in 2020? Decrease income? If not, add $ 1,200 to your tax bill.

Basically, the question raised by this proposal is why Social Security should be part of a stimulus program at all. Biggs and Rauh said that to avoid deficit financing, in this case “future taxpayers must pay off debts incurred by the federal government, either through direct taxation or inflation.”

A reasonable response to that concern is: So what? Until the coronavirus crisis hit, the biggest contributor to the federal deficit over the next decade is expected to be a tax cut imposed by the Republicans in 2017, which will add more than $ 1.5 trillion in red ink this decade.

The cuts are mainly for companies and rich people. But the recipients were not asked to submit their Social Security benefits, or actually sacrifice anything, in return for government contributions. Corporations do not even adhere to the rules that require them to invest their profits in wages or equipment, so that many give money to shareholders through billions through repurchases of shares and dividends.

And now, amazingly, Republicans cry poverty on behalf of the federal government which is systematically impoverished. As is almost always the case, they plan to take costs out of the neediest.

All Your Acrylic Nail Questions Answered: From Application to Care

Published

2 months ago

October 16, 2024

Herb Adkins

Acrylic nails are a popular choice for those looking to add length, strength, and style to their natural nails. Whether you’re new to the world of acrylics or a seasoned nail enthusiast, there are always questions that arise about the application, maintenance, and overall care of these enhancements. This guide will answer all your acrylic nail questions to ensure your next manicure is a complete success.

What Are Acrylic Nails?

Acrylic nails are artificial nail enhancements made from a mixture of liquid monomer and powder polymer. When combined, they form a hard protective layer that can be molded into various shapes and lengths. Once hardened, they provide a durable and long-lasting canvas for nail polish, art, or simply a natural look. For more in-depth information, check out Acrylic Nail FAQs to get all the details you need before your next salon visit.

How Are Acrylic Nails Applied?

The application process of acrylic nails begins with the preparation of your natural nails. The nail technician will clean your nails, file them down, and apply a bonding agent to help the acrylic adhere. The acrylic mixture is then applied in thin layers, sculpted to the desired shape, and allowed to dry. Once set, the nails are filed, shaped, and buffed to a smooth finish.

Acrylic nails can be customized in terms of length and shape, making them a versatile choice for anyone looking to enhance their look.

How Long Do Acrylic Nails Last?

Typically, acrylic nails can last anywhere from two to three weeks before requiring a fill. During a fill, the nail technician will replace any grown-out acrylic and maintain the structure of the nails. With proper care, acrylic nails can be worn for extended periods, but it’s essential to give your natural nails a break occasionally to maintain nail health.

How Do You Care for Acrylic Nails?

Caring for acrylic nails is crucial to ensuring they last as long as possible and that your natural nails remain healthy underneath. Here are some essential tips:

Avoid excessive water exposure: Prolonged exposure to water can weaken acrylic nails, making them prone to lifting or damage. When washing dishes or cleaning, consider wearing gloves to protect your nails.
Moisturize cuticles regularly: The acrylic application process can sometimes dry out your cuticles. Regularly apply cuticle oil to keep your cuticles hydrated and prevent hangnails.
Be gentle with your nails: Acrylics can be strong, but they’re not indestructible. Avoid using your nails as tools to open packages or scrape things, as this can lead to breakage.
Schedule regular fills: As your natural nails grow, gaps will appear between the acrylic and your cuticles. Regular fills ensure your nails maintain a smooth, polished look and help prevent lifting.

How Do You Remove Acrylic Nails Safely?

Proper removal is crucial to avoid damaging your natural nails. It’s highly recommended to have acrylics removed by a professional at the salon. However, if you prefer to remove them at home, follow these steps:

Soak in acetone: Start by soaking a cotton ball in acetone, then place it on each nail. Wrap your fingers in aluminum foil and allow the acetone to work for about 20 minutes.
Gently scrape off the acrylic: After soaking, use a cuticle pusher or an orange stick to gently scrape off the softened acrylic. Be patient and avoid forcing the acrylic off, as this can damage your natural nails.
Buff and moisturize: Once the acrylic is completely removed, buff your natural nails to smooth out any rough spots and apply cuticle oil to restore moisture.

Are Acrylic Nails Safe for Your Natural Nails?

When applied and removed properly, acrylic nails should not cause significant damage to your natural nails. However, improper removal or overuse without giving your nails time to breathe can lead to thinning, weakening, or breakage of your natural nails.

If you plan on wearing acrylic nails long-term, it’s a good idea to take breaks between applications and ensure you’re nourishing your nails with oils and treatments.

What Are the Best Acrylic Nail Shapes?

Choosing the right nail shape is essential for creating a look that complements your hands. Some of the most popular acrylic nail shapes include:

– Square: A straight-edged, classic look perfect for shorter nails.

– Oval: A soft, rounded shape that elongates the fingers.

– Coffin: Also known as ballerina shape, this trendy look features a tapered edge with a flat tip.

– Stiletto: A dramatic, pointy shape ideal for those who want a bold statement.

Each shape offers a unique aesthetic and can be tailored to suit your personal style.

Are There Any Alternatives to Acrylic Nails?

If you’re looking for a different type of nail enhancement, consider these alternatives:

– Gel nails: Gel nails offer a glossy finish and are cured under UV or LED light. They’re less rigid than acrylics and can feel more natural.

– Dip powder: This method involves dipping the nails into a colored powder and sealing them with a clear coat. It provides a similar look to acrylics but is generally less damaging to the natural nails.

Conclusion

Acrylic nails are a versatile and durable option for achieving customized, beautiful nails. By understanding the application process, knowing how to care for them, and safely removing them, you can enjoy long-lasting manicures that enhance your style. With the ability to choose from a variety of shapes and designs, acrylic nails offer endless possibilities for self-expression. Remember to take care of your natural nails in between applications to keep them healthy and strong. Whether you’re a first-time user or a seasoned pro, acrylic nails can be a fantastic way to express your personality and keep your nails looking flawless for weeks.

Jacqueline Troost Omvlee – A Tool in the Hands of the Russian Elite

Published

3 months ago

September 26, 2024

Herb Adkins

When sanctions were imposed on Russia for its war against Ukraine, their objectives were twofold: to reduce Russian military capacity by limiting modern weapons and to lower Russian revenue streams. While in the beginning, the sanctions indeed weakened the Russian economy, they have fallen short of their initial objectives – mostly because Russia has found ways to circumvent many of them. The Kremlin has exploited international corruption, relied on foreign third parties, and utilized loopholes in trade restrictions. One such individual who allegedly provides services to Russian-linked companies is Jacqueline Troost Omvlee, a Geneva-based Dutch citizen.

Jacqueline Troost Omvlee is married to Niels Troost, an oil trader sanctioned by the United Kingdom. He and his company, Paramount Energy & Commodities SA, are among the 50 individuals and organizations blacklisted in response to the business connections with Russia. His wife, Jacqueline, helps to facilitate financial transactions for Niles Troost and Russian oligarchs including Gennady Timchenko, a Russian billionaire oil trader and Putin`s close associate.

Gennady Timchenko and his family have been sanctioned in many countries for backing the Kremlin’s war machine. However, with the help of Jacqueline Troost Omvlee, he seems to find ways to evade sanctions and continue his financial operations. In these illegal schemes, individuals like Jacqueline often serve as a front person for sanctioned oligarchs and their business assets. Russian-linked companies set up subsidiaries around the world, often registering new entities in offshore havens or countries where regulations are relatively lax or non-existent. To obfuscate the arrangements, the daughter companies spawn offspring in the form of subsidiaries, as the chain of concealment stretches on and on. The result is like a giant Matryoshka doll.

Jacqueline’s involvement in financial transactions that potentially support Timchenko’s interests raises significant concerns about the efficacy of Western sanctions. The fact that Jacqueline Troost Omvlee continues to operate without facing sanctions herself highlights a significant loophole in the enforcement mechanism. Various shady schemes and tactics designed to circumvent sanctions often hide the activity of individuals such as Jacqueline, making it difficult for authorities to detect and punish them for their involvement.

Jacqueline Troost Omvlee’s role in her husband’s financial dealings as well as her alleged ties to Russian business schemes, emphasizes the need for stronger international sanctions. Her actions not only aid in sanctions evasion but also diminish the overall effectiveness of the measures designed to isolate and pressure those supporting the Russian regime. Therefore, sanctioning Jacqueline Troost Omvlee is not only a matter of addressing her individual actions but also a necessary step to reinforce the credibility and effectiveness of the sanctions regime. By targeting individuals who play a key role in evading sanctions, authorities can send a strong message that efforts to undermine international sanctions will not go unpunished. This measure is crucial for maintaining the integrity of the sanctions system and ensuring that it achieves its intended goal of isolating and restraining those who support destabilizing activities.

European countries and the US need to expand their sanctions-tracking and investigative actions to improve the monitoring of sanctions compliance and to introduce new measures against systematic violators of law. The sanctioning states have the resources and capacity for this, and need to take action now.

Hermann’s Tortoise Lifespan: How to Ensure a Long, Healthy Life

Published

3 months ago

September 16, 2024

Herb Adkins

Ensuring a long and healthy life for your Hermann’s Tortoise requires a combination of proper care, nutrition, and habitat management. Hermann’s Tortoises, known for their charming personalities and distinctive shells, can live for several decades with the right conditions. Understanding their needs and providing a suitable environment is key to helping them thrive. Here’s how you can support your Hermann’s Tortoise in living a long, happy life.

Creating an Optimal Habitat

One of the most critical factors in promoting the longevity of your Hermann’s Tortoise is the creation of a suitable habitat. Providing an environment that mimics their natural surroundings is essential for their overall health. An appropriate habitat helps prevent stress and supports their well-being. For detailed guidance on setting up an ideal habitat, including specific requirements for outdoor enclosures, visit this comprehensive guide on Habitat for Hermann’s Tortoise.

Outdoor Enclosure: Hermann’s Tortoises thrive in outdoor enclosures that provide ample space to roam, bask, and forage. An outdoor setup should include a secure, predator-proof area with access to natural sunlight. Incorporate areas for basking and shade to allow the tortoise to regulate its body temperature. Additionally, include plants, rocks, and hiding spots to simulate their natural habitat and encourage natural behaviors.
Indoor Habitat: If an outdoor enclosure is not feasible, an indoor habitat can also support a long lifespan if set up correctly. Use a large, well-ventilated enclosure with appropriate heating and UVB lighting. Provide a substrate that allows for burrowing and offer various hiding spots and enrichment items.

Diet and Nutrition

A balanced diet is vital for maintaining the health and longevity of your Hermann’s Tortoise. They are primarily herbivores, and their diet should reflect their natural feeding habits.

Leafy Greens: Offer a variety of leafy greens such as kale, collard greens, and dandelion greens. These vegetables provide essential vitamins and minerals that support overall health.
Vegetables and Fruits: Supplement their diet with other vegetables like carrots, squash, and bell peppers. Fruits should be given in moderation due to their high sugar content.
Calcium and Supplements: Provide a calcium supplement to support shell and bone health. A cuttlebone or powdered calcium can be added to their food. Ensure that they also have access to fresh, clean water at all times.

Regular Health Checks

Routine health checks are essential for early detection of potential health issues. Regular veterinary visits help ensure your tortoise remains in optimal condition and addresses any health concerns promptly.

Observation: Monitor your tortoise’s behavior and physical condition regularly. Changes in appetite, weight, or activity level can indicate health problems.
Preventative Care: Schedule annual check-ups with a veterinarian experienced in reptile care. Regular exams help catch any issues early and keep vaccinations and other preventative treatments up to date.

Environmental Enrichment

Providing environmental enrichment helps keep your Hermann’s Tortoise mentally stimulated and active. Enrichment can reduce stress and prevent boredom, contributing to a better quality of life.

Foraging Opportunities: Hide food items around the enclosure to encourage natural foraging behavior. This not only provides mental stimulation but also mimics their natural hunting practices.
Variety: Change the layout of their enclosure periodically and introduce new objects or plants to keep their environment interesting and engaging.

Conclusion

By focusing on creating the right habitat, providing a balanced diet, ensuring regular health checks, and offering environmental enrichment, you can significantly enhance the lifespan and well-being of your Hermann’s Tortoise. For further details on creating an ideal habitat, including tips for designing an outdoor enclosure, refer to this helpful guide on Habitat for Hermann’s Tortoise. Implementing these practices will help ensure that your tortoise enjoys a long, healthy life.