Quote:
Originally Posted by Neils
Wondering why the depleted SS funding is not being restored to cover expected expenditures for the next 50 years?
With all the trillions of $$$ being given away and lots of new people being added to the qualified recipient list, it seems like a good time to invest a few billion $$$ in SS funding.
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Economics, REALITY. If, any company ran it's accounting as our government does, we the people would scream and demand they investigate and close down that business.
Social security. They and we the people allowed, demanded it get out of hand. I recall reading when FDR created, allowed the plan to be created, there were 14 plus people paying in for everyone collecting. Today, the number is 2.5. To make it worse, prescription coverage has been added, funding for national health care has been added.
With no additional tax to cover it.
The choice, cut back what is paying out. Wait! I paid in for 45 years. What do you mean you spent my money to buy our parent's votes? Increase taxes on young people? Wait
we want to tax them into poverty they will scream. What we are doing. We are increasing the deficit. A battle cry of the American Revolution-No taxation without representation. We are taxing people that have not even been born yet.
We the people are guilty but blame others. It is glorious to spend more, pay out more.
Paying old debts. There is no glory in that, till after it explodes and there is no other choice.