|
' I found the Thursday opinion piece "Dems crunched by Social Security numbers" to be quite dishonest. It says "By 2027, the annual deficit will be over $200 billion, by 2033 over $300 billion." However, according to the Social Security Trustees, the trust fund will last until 2042. Do not ignore the trust fund. In 1983 our taxes were increased and the ceiling was raised in order to cover the deficits of 2027 and 2033. The money is owed to us. It was mostly Republicans who decided to spend the trust fund on tax cuts for the wealthy and also on an unnecessary war in Iraq. So now Democrats are crunched by the numbers? In the age of Armstrong Williams I have to wonder how much that opinion writer is getting paid to peddle the lies of the Bush administration. Finally, I would like to see an honest explanation for how private accounts are not going to make the deficit worse in 2027. The only way that can work is if my benefits are cut more than my taxes are. Do the math. In 2003, I paid $861 in social security taxes. Bush proposes putting $555 of that in a private account. That means $555 less in revenue for Uncle Sam. The deficit only gets worse unless my future benefits are cut by more than $555. Bush promises to not cut benefits for people over 55 which can only mean one thing. Under his plan, people under 55 will get the shaft. So let's see an honest headline - "Generation X crunched by Republicans".'
Ironically enough, Republicans are having some kind of event where I work tomorrow night.
|