The "plot" and that's the only way to describe it is to bamboozle people into believing there is a real problem with Social Security that requires reducing benefits to solve.
But, even more, the "plotters" want to get this done BEFORE the time comes when the Social Security pay-out is more than the pay-in.
Why is this so important to the "plotters?"
Three reasons:
- First, all the money borrowed from Social Security--and spent by the government would have to be repaid
- Second, there would no longer be a Social Security surplus each year that the government could borrow and spend.
- Third, and finally, Social Security would have to be paid for, partially, out of the general revenue fund which would require an increase in taxes.
Guess who the "plotters" are in this scheme of things?
Richard E Walrath is a writer residing in central Ohio. He is a former budget analyst and co-owner of the Articles and Answers News and Information sites: http://www.articlesandanswers.com
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