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Public Assistance-B

12 Oct

The programs for the elderly have been just as bad. Prior to Social Security, people worked until they could no longer work. Then they went in a nursing home or went to live with family. Social Security was meant for the few who could not work but were not in need of a nursing home. Now many people retire at 65 or even 62 so they can enjoy their retirement. As a result, a lot more people are drawing benefits and they are drawing them longer because many people live far longer than they used to.  That would not have been a problem if Democrats had not drained the Social Security fund to develop other poverty programs. The money paid in would have drawn interest and continued to support the withdrawals.  By draining the surplus, it forced the money paid in to fund current recipients and not sit drawing interest. That was not a problem at the time because there were more working than were  drawing Social Security, however the signs pointed to trouble ahead, but they ignored them. The fact that people were living longer and drawing longer, is putting a bigger strain on Social Security than the designers planned on. In addition, abortion has eliminated one out of three babies. That, and the fact the more women are working and having fewer kids means that fewer kids are coming into the work force. That means that fewer workers are paying into the system while more are drawing out of it.  That is putting an even bigger strain on the system which many predict will soon run out of money. In addition, Social Security has not kept up with inflation and many Seniors are struggling.  Their solution is to increase the tax on the rich to provide extra benefits to the poorer recipients. They ignore the fact that there are very few very rich and the added income will not cover the added benefits to the lower income recipients that make up the bulk of recipients. Since Seniors are more healthy and many could work ten to twenty more years, It makes more sense to support Republican plans to raise the retirement age. That way more workers will work longer and draw for a shorter time. While they work, they will continue paying into the system while not drawing from it. That would provide far more benefits because the number contributing would be far greater. The number of people dying increases with age so the age group with the highest number is just after retirement. It addition, it would help if the Democrats just returned the funds they took out for other social programs, including the interest it would have made if invested. The workers paid that money in expecting it would be there for them when they retired but Democrats betrayed them by spending it on other programs. Those funds would support the program for many years to come. The Democrats cry about how Social Security is running out of funds even though those on Social Security paid that money into the fund but continue to add  to the benefits that go to those on welfare who did not pay into it with no thought to the cost. If welfare benefits can be taken from the general fund, there is no reason that funds for Social Security can not be taken out. Seniors deserve it far more.

 

 

 

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