Ignorance may be bliss, but it’s also sad and dangerous. Read the following. It displays a complete lack of knowledge and understanding about Social Security. Why a news outlet would publish such nonsense is a mystery. Multiply this misinformation by millions and millions of Americans, Americans who vote, and you can see why America is headed to new lows and why politicians who feed on this type of misinformation can garner support.
Bureaucrats don’t decide about COLAs. Paying for a COLA is not from your money, it’s from current workers money and a rapidly depleting trust fund. FDR made no such claim of a temporary tax for Social Security. Since we are not inclined to raise the revenue for the Social Security trust, COLAs beyond those assumed based on the law, accelerate the shortfall.