The AARP is at it again, don’t be mislead
22 Jul
The AARP is off and running with its scare ads about Social Security. For the record, nobody is talking about cutting existing retiree benefits they “earned” or even the ones they didn’t actually earn (LOL). As the TV ad says, seniors are fifty million strong, but what they are really saying is: “We vote, so remember that politicians. If you touch our entitlements we will get even.”
Isn’t class warfare creating enough problems, we don’t need a good dose of generational warfare to make things worse. Reducing government waste and closing so-called loopholes as suggested by the AARP is not going to fix the deficit when forty percent of the budget is Social Security and Medicare.
If the AARP and other special interest groups have their way, there is a bleak future facing all Americans. Come on AARP, us seniors don’t deserve more than younger Americans who are now paying our benefits. There are young families struggling too and we had sixty-five years or more to get it right.
The idea that Social Security is unrelated to the debt is wrong. Where does the interest on bonds come from? Where will the money come from to redeem the bonds to pay benefits come from? The answer is more borrowing (debt) by the federal government. It is all connected.
We have a revenue problem in this country because there are no jobs. NAFTA and and tax credits have seen the exodus of American corporations. Social Security does nothing to the National Debt and cutting or reducing payments to those who have paid in for their entire working life should be viewed as a default be the government of this country.