Social Security was created for a reason. After eight years of Republican administration caused the Great Depression of the 1930s, the banks failed, the bankers boarded them up and walked away. People lost their entire life savings, with no recourse for recovery, and were reduced to living as paupers.
Franklin Roosevelt created Social Security to prevent this ever happening again. We were told that our money we put into Social Security would always be there for us, no matter what. That's been true up until this current government.
We're now being told that this government quite possibly will not meet its obligation to pay us the money we, in good faith, paid in. This government is talking about defaulting on its obligation to us.
Here is the history of how past governments have handled situations like this without defaulting.
Franklin Roosevelt, a Democrat, created the Social Security program, used the power of government to bring us out of the worst depression in history, managed to fight and win the the most expensive war in the history of the world, fighting off Republicans who, then as now, were against everything a Democratic president did. And, he did it all at the same time.
During all that, there was never any mention, not even a hint, that Social Security would not be provided, as promised. The checks went out as scheduled, no matter what.
Now, the Republicans have got the Democrats believing that it's time to default on Social Security because this government just can't afford it. All the while, this government has been financing invasions of Iraq and Afghanistan at a cost of trillions of dollars and at the same time they're telling us that they can't afford a measly $23 billion to keep from defaulting on Social Security.
Do they think we're too stupid to see the blatant hypocrisy in that? One of the lessons of life is that you get old by not being stupid. We're old.
(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).
2
1
1
