This article criticizes the Senate's plan to increase Social Security payouts for public sector workers who didn't contribute to the system and expresses concerns about President Biden's decision to extend a science and technology sharing agreement with China.
The Senate is set to boost Social Security payouts to public sector workers who receive pensions and did not pay taxes to support Social Security while working in the public sector. The cost of nearly $200 billion will hasten the insolvency of Social Security for all beneficiaries. Indeed, it’d likely end up costing the average couple more than $25,000 in lifetime Social Security benefits as it accelerates the mandatory across-the-board benefit cuts needed to deal with insolvency.
Congress should implement a complete overhaul of Social Security to provide retirement security for all Americans. Instead, it’s set to pass a special handout to a politically connected group while leaving Social Security on even shakier ground. President Joe Biden’s administration just agreed to a five-year extension to the science and technology sharing agreement with China. That’s a bad decision, as China uses its access to manipulate otherwise civilian technologies for military and other nefarious purposes. Biden’s move sends the wrong message to allies such as France, Australia, South Korea, and the United Kingdom, all keen to increase their technology engagement with China to win new Chinese investments but proceeding cautiously as they know the United States is deeply concerned with China gaining access to new military-enabling technology. This plainly undermines the incoming Trump administration. America shares not only common interests but common values with the Kurdish people, who can be counted on to be valorous when times are toughest. Now it’s time for America to show up for them. That doesn’t mean US boots on the ground in Syria or Iraq: Given the right assistance, the Kurds already know how to fight, as they did against ISIS
SOCIAL SECURITY CHINA TECHNOLOGY BIDEN KURDS
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