Optimista wrote: I don't like the reference to the 2% tax hike. That reduction was nothing but an Obama gimmick to spike spending. Knowing full well that it wood be taken away soon. It was being stolen from the SS budget which is strained as it is. I wish the conservatives would state it truthfully. It hurts credibility and confuses people not to mention the fodder it gives the liberal morons to argue with. - Occupy and Redistribute D.C
Dear Comrade Optimista,
And I don’t like your reference to Social Security as anything other than theft. In fact, the more you fund Social Security, the more it steals from us.
And your ignorance of the “truth” doesn’t make you a moron, but rather promotes you to “comrade”- whether you lean from the right or left. Pravda never really meant "truth" to Commies whether they were "rightists" or "leftists".
Everyone has to stop looking at Social Security funding and spending as some separate program that is different from any other government funding and spending.
It’s not true that we “pay into” the system and, therefore, there is some segregated Social Security account waiting for us. The system was designed originally- and it’s always been this way- for you to pay today for those people who are retired today. When you retire, then other people will be forced to pay for your retirement.
If there is not enough money, either benefits will be cut, or taxes will be increased, or the government can cut spending in other places, or the government will borrow the money and spend it anyway.
In other words, in reality, Social Security is paid for out of general revenues of the government, just like every other program. Just because payroll taxes are designated for Social Security, doesn’t mean that it doesn’t come out of the same revenue pie. Workers who earn wages in the U.S create that revenue pie.
Any revenue shortfall for Social Security will certainly be added to the deficit in the same way that spending for veterans, green energy, FHA or any other program will be.
This phony idea that somehow Social Security is “special” or “segregated” just allows the government to pretend that payroll taxes aren’t taxes, but more like a savings account into which we pay,and to which we are all entitled.
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