tunesmith
09 - The Switch
Here is how Social Security opponents would like us to look at it. They see our excess Payroll Taxes - the money that is labeled "Social Security" on our paystubs - as going towards normal government spending. They claim there is no Trust Fund, or that it is empty. On top of that, government spending is still too large, and so they claim that it is reason to cut Social Security benefits.
This is important to understand thoroughly. This advocates borrowing from Social Security and refusing to pay it back.
This also is taking money that is designed to go chiefly towards are least advantaged members of society, and spending it on other government expenses including income tax cuts, which benefit richer members of society.
09 - The Switch
Here is how Social Security opponents would like us to look at it. They see our excess Payroll Taxes - the money that is labeled "Social Security" on our paystubs - as going towards normal government spending. They claim there is no Trust Fund, or that it is empty. On top of that, government spending is still too large, and so they claim that it is reason to cut Social Security benefits.
This is important to understand thoroughly. This advocates borrowing from Social Security and refusing to pay it back.
This also is taking money that is designed to go chiefly towards are least advantaged members of society, and spending it on other government expenses including income tax cuts, which benefit richer members of society.