posted on Aug, 12 2012 @ 05:34 PM
reply to post by DarthMuerte
Actually no, I haven't been deluded. What is happening is you are being brainwashed by the right wing agenda to put more money in the hands of the
Yes, if we don't do ANYTHING about it, between 2036 and 2041 Social Security will only have enough money to cover 3/4ths of the investors.
The last 5 Trustees Reports have indicated that Social Security's Old-Age, Survivors, and Disability Insurance (OASDI) Trust Funds would become
exhausted between 2036 and 2041 under the intermediate set of economic and demographic assumptions provided in each report. If no legislative change
is enacted, scheduled tax revenues will be sufficient to pay only about three fourths of the scheduled benefits after trust fund exhaustion. Many
policymakers have developed proposals and options to address this long-range solvency problem.
In 1983, Reagan increased the payroll tax for social security ensuring it's solvency until at least 2036. While right wingers want you to buy into
the lie that Social Security was looted long ago and it has absolutely no money left in it. The fact that there isn't widespread starvation of the
elderly, no reports of elderly being involved in cannibalism, or few reports of elderly committing bank or store robberies, seems to suggest that it
is indeed solvent into the near future.
Mr. Reagan's second tax increase was also motivated by a sense of responsibility -- or at least that's the way it seemed at the time. I'm
referring to the Social Security Reform Act of 1983, which followed the recommendations of a commission led by Alan Greenspan. Its key provision was
an increase in the payroll tax that pays for Social Security and Medicare hospital insurance.
Yes, there will have to be legislation that increases tax taken for social security in order to keep it solvent into the future, this money is going
to hard working Americans who have for their entire adult working lives have invested into this system. But the right wing wants to steal this money
from not only the current retirees but future investors who rely on Social Security to be there when they retire. The right wing wants to brainwash
you into believing this lie, (just like they brainwashed many into believing that Obama is an illegal alien hell bent on destroying America.)
It's just one of the many right wing lies they pull out every year trying to screw the American people into giving the wealthiest 1% more of their
hard earned money without the top 1% having to do any work for it.
These are the same people who brainwashed masses of people into believing that Obama was born in Kenya, is somehow simultaneously a Nazi and a
Communist, both a Muslim and the Anti Christ. These are the same people who started TWO wars, and are now blaming Obama for not closing Gitmo (a
concentration camp, the same party who ordered the torture of prisoners of war).
The right wing along with their mouthpiece FOX News, consistently lies to you, but for some odd reason, the masses of right wingers buy into every
single thing this corrupt party has to say without question like good little sheep.