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Reply #24: Obama doesn't have to SAY the words. His plan affects SS anyway, by cutting the funds for it. [View All]

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Demit Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-09-11 08:07 AM
Response to Reply #14
24. Obama doesn't have to SAY the words. His plan affects SS anyway, by cutting the funds for it.
Lowering payroll taxes even more means less money going into the Social Security fund. Making it that much easier for the folks who already are saying it's going broke to say See? We can't afford Social Security! It must be 'reformed'!

And what happens later? Is the payroll tax going to be reinstated when this crisis is past? Is that likely? Republicans will call it 'raising taxes' and ordinary people will forget that the reduction was supposed to be temporary. So with fewer jobholders paying in because of there being fewer jobs, paying less than ever, Social Security will definitely face the crisis that the Republicans wanted all along.

That Social Security boogey man is very real.
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