Don’t believe the Republicans big lie about Social Security!
If the Republicans cared about the deficit they’d do two things:
Cut defense by 50% instead of increasing it.
Eliminate tax breaks for the wealthy, both income and inheritance. (Oh, and bonuses and capital gains are INCOME so tax them accordingly.)
Are they doing that? NO. They are robbing from the poor to pay the rich.
Roll back the income tax on the rich to pre-Reagan levels. Inheritance tax too.
Pay back the money that was embezzled from Social Security by Reagan and the Republicans.
And don’t vote for any Republican every again. Ever. Remember that in 2012. 2014. 2016.
Here is more information from a commenter at Huffington Post.
You are absolutely correct! As an economist who has been researching and writing about Social Security for more than a decade, it is so refreshing to know that someone can tell the truth and not have the comment censored. What we are dealing with is THE GREAT SOCIAL SECURITY THEFT. The surplus revenue generated by the 1983 payroll tax hike was supposed to be saved and invested to build up a large reserve in the trust fund with which to pay benefits to the baby boomers. The surplus money was supposed to be used to purchase pre-existing marketable Treasury bonds in the open market. If this had been done, the surplus money would have ended up in the pockets of the private investors from whom the government purchased the pre-existing bonds and the trust fund would have $2.6 trillion in “good-as-gold” default-proof marketable Treasury bonds which could be resold in the open market to raise money with which to pay benefits to the baby boomers. When the first surplus revenue showed up in 1985, the government made a conscious decision to put the money in the general fund and use it for general government operations instead of saving and investing it. That is when the theft began.