I'm okay with that - NOT
By James Hamilton
The commentary in today's Salem (OR) Statesman-Journal is dead-on: you don't own your Social Security. This probably comes as no surprise to most Americans under 50.
So.. um.. what are you going to do about it?
Maybe it's okay with you that Uncle Sam takes one dollar of every eight out of your paycheck to support Social Security. Maybe you're fine with the fact that this will HAVE to go to one dollar of every five you earn - WITHIN THE WORKING LIFETIME OF TODAY'S COLLEGE STUDENTS - to provide the retirement benefits of baby boomers.
Maybe it's okay with you that the Supreme Court has ruled twice that workers DO NOT have a right to their Social Security retirement benefits - even though we pay into the system throughout our working lifetimes.
Um.. maybe it's okay with you. This intergenerational transfer of wealth. This scheme to keep the poor dependent on DC.
Had enough?
Congress goes back into session next week. Email or call your legislators in Washington and let them know you're not OK with business as usual.
Comments