Social Security, not Medicare or Medicaid, is the crown jewel of the entitlement state. For several generations now, it has been sold to voters as a more or less sacred compact. Many Americans still believe that the federal government maintains an “account” in their name, which contains assets. Some even think that their “account” contains their own contributions, carefully set aside for their retirement by Franklin Roosevelt or his successors. If this is not the biggest fraud in the history of the human race, it is certainly in the top five. Inexorable demographic realities are casting the shadow of extinction over Social Security; ironically, though, what may set the program’s demise in motion is a cheap political trick by the Democratic Party.
Actually Social Security is just fine. There is nothing wrong with it at all.
Full benefits can be paid through 2036, at which point trust fund is exhausted…but of course, payments still coming into system…at that point, Soc Sec can pay 75% of scheduled benefits. Most people think that number is zero!!
Most people think the number is zero? I wonder who thinks this. But the fund is fine with only some minor adjustments needed to keep Social Security fully funded and rolling years on down the line.
I really don't understand this right wing infatuation with cutting off benefits for folks at very time when they are the most vulnerable - as seniors. The Powerline Blogger even concludes his post by suggesting that if Right Wingers cannot overturn social security in the public arena, perhaps they should sabotage it instead. This animosity is, dare I say, clinical.
But playing along with the game, if Social Security in America is one of the top 5 frauds in the history of The Human Race what would fill out the rest of the list?
Here is my list.
- Global Warming as a conspiracy run by tricksy scientists is one
- Evil-lution or Evolution as the tricksy scientists call it is another.
- There has to be something relating the UN, Jewish folks and/or the Pope. Wingers are always jonesing over these guys
- Civil Rights legislation, Voting Rights, etc., periodically make the list even today (See Paul, Rand; The Tea Party)
- Perhaps the Moon Landing and lastly
- Social Security
OK the moon landing was a cheap shot. Most wingers probably don't still believe that it was a hoax, I think. But seriously, I can't understand how American Seniors would be better off giving up social security and medicare. It would seem to me that the piece of mind and security that these programs provide seniors is priceless.