Thursday, February 10, 2011

The Social Security Myth

The Government, over the past few years has bloated this "problem" with Social Security. Saying that Social Security will run out of money soon. Truth is, there is no problem with Social Security. The problem with social security is not funding, but the fact that the Government already has spent the money,  and now has to pay you back. Social Security was never meant to be funded by the Government, but by the people who pay into it, AKA you, your co-workers, neighbors, friends, etc via the payroll tax. Now that they have spent the money, and have to pay you back, they are calling it a "burden to the deficit". They are even talking about raising the retirement age "every several years" according to Senator Richard Shelby (R-AL).

The Government is lying to you. Don't fall for it. The Government wants to pay China back before its own citizens, don't let them get away with it.

This is a great segment from The Young Turks' Cenk Uygur:

They're coming after Social Security. What are we going to do about it?

- P & P

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