Proving that he still believes, the Secretary of the Treasury has put forth another "Issue Brief" designed to move the country towards some sort of "Social Security reform." The paper tries to convince the public that Social Security as presently constituted is worthless, that anyone born after 1935 will get less money out of Social Security than they put in, unless they are a very low wage earner. Of course, in figuring this, disability benefits are not considered. Although the report does not mention it, I think that survivor benefits are also ignored, which makes the report seriously misleading. The report also suggests that the Social Security trust funds are meaningless and no one should have any real hope of receiving Social Security benefits in the future. If you believe what this report says, you have to believe that the country made a grievous mistake in enacting Social Security in the 1930s and that the program should be abolished as quickly as possible.
No comments:
Post a Comment