feb-main

The trouble with this sort of scare story is that it doesn't tell the whole story. It only tells the part that the fear mongers want you to grasp, so you will go off trembling in your boots and worrying whether Social Security will be there for you.

One of the things they don't tell you is that this reduced number of workers has produced the greatest surplus/profit the government has ever seen. Last year alone, it reached $98.7 billion and that was with millions of lay-offs. Fewer workers than normal gave an increase of only $3.4 billion over the previous year's booty.

Of course, the fear mongers don't tell you this because they stole the surplus and spent it on pork-barrel paybacks and world game imperialism.

But that isn't even the main factor they hide. The big secret they are keeping is more like being the first person to buy a lotto ticket. Before millions of other people joined the game, first buyers had much better odds, a much better chance of winning.

When those 40 or 50 workers were supporting one retiree, they were only contributing two percent of their salaries. Today's workers are contributing 15.3 percent.

There isn't an employer in the country who doesn't believe that the contribution he's making is for his employee's retirement and health care, figures it into the cost of hiring, and would just as soon give that money directly to his employees if they would invest it wisely. In rebellion, some are already paying this money to their employees and letting them make the decision to participate in Social Security and Medicare.

For years, the actuaries of the Social Security Administration in Baltimore, Maryland, have made adjustments to meet changing conditions. These are normal insurance adjustments. And the supplemental retirement and health care insurance program has hummed along without a hitch while, since 1983, producing the most fantastic profit of any organization in the country.

So why do politicians want you to believe the system is in trouble? It's simple. They want to make some of these adjustments themselves, like increasing the limit on "maximum wages taxed" or raising the age of retirement, all to increase their booty.

Social Security has only one major problem—and that's the government itself. All else is minor and easily fixed.


		SCARE STORIES THE DEMOCRAT'S HANDBAG
	Wow. Once there were 40 workers paying for the retirement of one. Now there are only 3.45 workers kicking in for every retired person, and soon there will be even fewer. With people living longer, having babies later in life, what are we going to do? We must act quickly with corrective action. The trouble with this sort of scare story is that it doesn't tell the whole story. It only tells the part that the fear mongers want you to grasp, so you will go off trembling in your boots and worrying whether Social Security will be there for you. One of the things they don't tell you is that this reduced number of workers has produced the greatest surplus/profit the government has ever seen. Last year alone, it reached $98.7 billion and that was with millions of lay-offs. Fewer workers than normal gave an increase of only $3.4 billion over the previous year's booty. Of course, the fear mongers don't tell you this because they stole the surplus and spent it on pork-barrel paybacks and world game imperialism. But that isn't even the main factor they hide. The big secret they are keeping is more like being the first person to buy a lotto ticket. Before millions of other people joined the game, first buyers had much better odds, a much better chance of winning. When those 40 or 50 workers were supporting one retiree, they were only contributing two percent of their salaries. Today's workers are contributing 15.3 percent. Take a look : There isn't an employer in the country who doesn't believe that the contribution he's making is for his employee's retirement and health care, figures it into the cost of hiring, and would just as soon give that money directly to his employees if they would invest it wisely. In rebellion, some are already paying this money to their employees and letting them make the decision to participate in Social Security and Medicare. For years, the actuaries of the Social Security Administration in Baltimore, Maryland, have made adjustments to meet changing conditions. These are normal insurance adjustments. And the supplemental retirement and health care insurance program has hummed along without a hitch while, since 1983, producing the most fantastic profit of any organization in the country. So why do politicians want you to believe the system is in trouble? It's simple. They want to make some of these adjustments themselves, like increasing the limit on "maximum wages taxed" or raising the age of retirement, all to increase their booty. Social Security has only one major problem—and that's the government itself. All else is minor and easily fixed.