PLEDGE TO AMERICA
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Friday, February 17, 2012
Congress Passes Payroll Tax Cut
Since age 16, I paid into Social Security . More recently we were warned that there would come a day young people would no longer pay into the system because it is a Ponzi scheme. However, in my wildest imaginations, I never expected a president to come along and for crass political reasons, actually encourage a whole generation to start withholding their contribution. But here we are, long before we expected. Even more disturbing is that this president, who no one ever thinks of as a tax cutter, was able to convince people that his opponents are tax raisers. At the same time, the cowed Republicans were unable even to explain to the elderly their support money is evaporating. The Ponzi scheme became a Shell game.