Wednesday , August 29, 2012 - 1:11 PM
This is in response to an article of August 27, "Poll says: Raise taxes to save Social Security." This article says that in previous polls, Democrats scored better than Republicans on the handling of Social Security. I am neither a Democrat nor a Republican. I am a concerned citizen who votes.
I would like to point out a few things about the history of Social Security. It was created during the presidency of Franklin Roosevelt (a Democrat). There were many regulations written into how Social Security would work. One stipulation was that it would be put into an account for Social Security only and it would never be used for anything else. Along came Lyndon Johnson (a Democrat) who removed all the money and put it into the General Fund to be squandered on everything under the sun.If this had not happened, there would be no problem with Social Security today. Another of the original points was that it was voluntary. People did not have to contribute. However, if they didn’t contribute, they could not collect when they retired at 65. Jimmy Carter (a Democrat) changed that. He said that anyone who reached retirement age, even if they had just moved to the U.S., should be able to collect Social Security. A third original point was that there would never be any tax on Social Security. Well Bill Clinton (a Democrat) couldn’t stand that, so we are now paying taxes on 85 percent of our social Security. Knowing this, I don’t understand how Democrats could score anything at all, not that Republicans would do any better.
the article said there was a good chance that Congress would address the Social Security situation in the next year or two. They haven’t addressed it in the last 20 years, why would anyone assume that they will address it now. After all, it doesn’t concern them. They don’t pay into Social Security and they will not collect from it. Of course, they don’t need it. They have a retirement plan that can’t be touched.
I would like to see members of Congress replaced by people with common sense.
Sign up for e-mail news updates.