RE: Social Security
Government hoodwinking the population is not at all new. When first sold to the people it was stated as savings plan and you would withdraw YOUR MONEY in the future. That never was the case. New money is TAKEN from people working to pay out to people collecting. When, first established there were aprox 11 people working for every person collecting today because of us, a trmendous bubble of population going through, there are only 2 1/2 people working for every person collecting. Our government has bought votes by expanding benefits without enough increase in social security tax. It is not just the democrats or just the republicans. Bush (R) added prescription coverage with no additional funding. OBAMA (D) added subsidies for Obamacare and to the surprise of far too many citizens, SOCIAL SECURITY HOLDS 42% OF THE NATIONAL DEBT. While we/I did not agree to this LOAN, the loan was made with NO STATED INTEREST RATE OR TIME THAT THE LOAN IS TO BE REPAID.
Typical of any government, our government will not HONESTLY tell us what is going on-THEY WILL SNEAK IT IN. We just qualified for medicare. REMINDER, WE PAID IN WHATEVER THE TOP RATES WERE. Now we get to pay TWICE the minimum for medicare AND WE HAVE NO INFLATION PROTECTION.
Reminder Social Security holds 42% of the national debt. Obama added TEN TRILLION DOLLARS to the national debt. First of all stop and THINK-do you have any idea what TEN TRILLION DOLLARS IS? Our countries GDP (gross domestic product) in 2016 was EIGHTEEN TRILLION dollars. OUR NATIOAL DEBT IS TWENTY TRILLION DOLLARS. THE UNITED STATES IS BY DEFINITION BANKRUPT.