KOMMONSENTSJANE – Social Security and the failure of Congress to act.

Reblogged on kommonsentsjane/blogkommonsents.

https://quinnscommentary.net/2021/10/06/social-security-and-the-failure-of-congress-to-act/

At one time – we had a lot of money in our social security account.

The biggest mistake made was when the politician took the money out of the social security fund and put it in the GENERAL FUND AND SPENT IT. Now they tell us they keep running out of money to keep us upset; but, yet they keep taking money out of people’s paychecks every month and they keep telling us they are running out of money. Sure they are – they keep borrowing and spending just like right now – 3.1 trillion. Has everyone checked the debt clock?  If they would stop the foolish spending on illegals and foreign aid, they might have a few spare pennies.

We must jerk the Democrat chains they have on us and take them to the mat.

Look at the nature of power. In Europe first and now in America, elected men have taken it upon themselves to indebt their people to create an atmosphere of dependency. And why? For their own selfish need to increase their own personal power. I’ve been a keen observer of the effect this has on the people, especially the poor. They are very good at creating poverty where there is no reason to explain it.   And I blame the government and the self-serving politicians.

Some famous person pointed that out.

kommonsentsjane

QUINNSCOMMENTARY

The following was prepared by a reader and is the bulk of his recent comment. I thank him for his efforts in posting this. You should read it carefully.

On April 20, 1983, as he signed the Social Security Amendments Act of 1983 into law, President Ronald Reagan stated, in part: “We promised that we would protect the financial integrity of Social Security. We have. Time and again, benefits were increased far beyond the taxes … that were supposed to support them. The changes in this legislation will allow Social Security to age as gracefully as all of us hope to do ourselves, without becoming an overwhelming burden on generations still to come.“

Since then, not so much. However, the 1983 Social Security legislation had obvious shortcomings.

Less than 10 years later and continuing until today, a succession of presidents have confirmed that the promised benefits were not sustainable at…

View original post 457 more words

About kommonsentsjane

Enjoys sports and all kinds of music, especially dance music. Playing the keyboard and piano are favorites. Family and friends are very important.
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