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Tue Apr 23, 2019, 10:47 AM

About Social Security and a trip down memory lane.

Let's start telling this truth to people rather than blaming the public forty years of Republican lying and scheming. This idps how it began and the latest notch in their belt is the Trump tax fraud. People need to hear this story. There will be more to come.

BTW, anyone else remember paying in double do our parents wouldn't live in poverty and have medical care? While we were trying to raise young families? Over the past forty years, the working class has stood in the path of an oncoming train loaded with all the crap big business and big money could find. And, on the cow catcher they put the flashing sign promising wealth if you played the state lotteries .

https://www.fedsmith.com/2013/10/11/ronald-reagan-and-the-great-social-security-heist/


Ronald Reagan and The Great Social Security Heist
Allen W. Smith, Ph.D.

Ronald Reagan was one of the most popular presidents in modern history. As a former Hollywood actor, he had an uncommon degree of charisma.

The conservatives absolutely loved Reagan for his efforts to reduce the size of government, but most liberals hated him with a passion. Reagan is still revered by a lot of Americans. This reverence for Ronald Reagan helps to explain how he was able to fool most of the American people to a degree unparalleled by any other modern president.

With the help of Alan Greenspan, Reagan pulled off one of the greatest frauds ever perpetrated against the American people.

It is so ironic that many people, today, still believe that Ronald Reagan came galloping up on a great white horse to sound the alarm that Social Security was in deep financial trouble. He then allegedly figured out a solution to the problem and rammed his legislative proposal through Congress in a three-month period....


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Reply About Social Security and a trip down memory lane. (Original post)
Skidmore Apr 23 OP
Eliot Rosewater Apr 23 #1
PoindexterOglethorpe Apr 23 #3
Eliot Rosewater Apr 23 #5
ehrnst Apr 23 #2
BlueFlorida Apr 23 #4

Response to Skidmore (Original post)

Tue Apr 23, 2019, 10:55 AM

1. Most will NOT survive on Social Security. It was SLASHED by raygun

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Response to Eliot Rosewater (Reply #1)

Tue Apr 23, 2019, 11:17 AM

3. Social Security was NEVER intended to be

the only income. Back when it started, not only did more companies have pensions (and it's extremely important to understand that it was only a minority of workers who ever collected pensions), not only did people tend to die at an earlier age thereby collecting SS for far fewer years, not only did many older people live with one of their children in their declining years, but the amount Social Security paid tended to be a genuine pittance. Oh, and a lot of workers weren't even covered at the very beginning.

Plus, at the very beginning widows didn't get a benefit. They got it fairly early on, but widowers didn't until the mid or late 1970s. It's worth reading the wiki article on the history of Social Security. https://en.wikipedia.org/wiki/History_of_Social_Security_in_the_United_States

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Response to PoindexterOglethorpe (Reply #3)

Tue Apr 23, 2019, 11:58 AM

5. Gotta make sure the rich stay rich.

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Response to Skidmore (Original post)

Tue Apr 23, 2019, 11:02 AM

2. Reagan would be a liberal by today's GOP standards. (nt)

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Response to Skidmore (Original post)

Tue Apr 23, 2019, 11:18 AM

4. A lot of people don't know or remember

 

how Ronald Reagan raided the SS Trust Fund for his tax cuts and arms buildup.

Great read.

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