I can’t understand why they are calling Social Security an entitlement that the governlment needs to get rid of. WHAT THE HELL ARE THEY TALKING ABOUT.
When Franklin Roosevelt, A DEMOCRAT, introduced the Social Security program it was supposed to be completely voluntary.
Well, that is no longer the case.
The participants would only have to pay 1%, of the first $1,400 of their annual income into the program. MY MONEY I PUT THERE MORANS.
Now its 7.65 on the first $90,000.
That money that participants put into the program would be deductible from their income tax.
That money was supposed to be kept seperate in an independent trust fund that would only be used for the retirement program.
Under Lyndon Johnson it was moved to the general fund and spent.
The payments that retirees get was never to be taxed as income. Under Clinton & Gore up to 85% of social security can be taxed.
And what party did all this THE DEMOCRATS.
Let us not forget …… Under Jimmy Carter immigrants moving into our country at age 65 began to receive Social Security payments even though they never paid a dime into it.
Oh yes …. Congress gives themselves 100% retirment for only serving 1 term. Maybe that’s why they want to end our “entitlement” to fund their lousy pockets.
I’m fed up so are people in my neighborhood. Lets clean house!!!!!