John McCain says that the Social Security system where working people pay into the system in order to receive Social Security benifits when they retire is a disgrace.
Since that is the exact description of how the system was set up to work from August 14, 1935 until this very day, McCain feels that the whole system is a disgrace, and everyone who pays into it and everyone who receives Social Security are disgraceful.
McCain has no understanding that from the day it was set up, there were a certain number of people who were to receive a certain amount from Social Security. That figure was used to determine how much had to go into the Social Security fund to equal what went out the other end.
The same situation applies today in determining how the inflow and outflow must work. It’s no different now than it was then. That’s why if the original premise of Social Security is kept the same as the day it was set up, inflow equals outflow, Social Security can never “go broke.” In other words, the self-regulating system, which is what Social Security was from day one, by definition is set up to sustain itself.
But, the tinkering with the taxes by the Republican multi-millionaires who feel that they shouldn’t be taxed has upset that required balance of inflow and outflow. They reduce the inflow below the outflow, reducing the amount available needed to pay out the required commitment, then they can pretend that for some reason they don’t understand, the system is going broke. And that’s a good reason to shut it down. Because they sabotaged it. Because they don’t need it. Because no one else should need it, either.
There’s a very good reason why McCain doesn’t know and doesn’t care how the system works, and that is the fact that he will never have need of it. A retired Senator’s retirement package is provided for by the government.
McCain is disdainful of those who must depend on Social Security provided by the government during their retirement while at the same time being perfectly alright with doing the exact same thing, himself.
Not having had a job for the past 26 years because he became a politician instead, he expects to receive retirement benefits from the government paid for by the people who have worked at an honest job to pay the taxes that will provide him those benefits. And yet he has the gall to say that those working people who are paying for his retirement are disgraceful for even expecting to have the same rights as he has.
This is the problem with having only multi-millionaires run for president. They are not like us. They don’t think like us. They don’t know what we know. They don’t care what we know. They don’t care what we think. They don’t care whether we starve or how miserably we live. They do care that we have a job and work and pay taxes, which is where their retirement benefits come from. They are the worst possible people in the world to pretend to represent us. The fact is, as we have seen so conclusively with George Bush, the only people who multi-millionaires can represent or even want to represent, are other multi-millionaires like themselves.
Lincoln’s expectation was that our government of the people, by the people, for the people would not perish from this earth. Lincoln could not have forseen that we would wind up with a government of multi-millionaires, by multi-millionaires, for multi-millionaires and for that reason, the government he hoped for has perished from this earth. Well, except for the multi-millionaires.
We had a whole batch of unrepresentative multi-millionaires running for president, now winnowed down, presumptively, to just two. And, inevitably and unrepresentatively, once again, one of them will become president.
Since that is the exact description of how the system was set up to work from August 14, 1935 until this very day, McCain feels that the whole system is a disgrace, and everyone who pays into it and everyone who receives Social Security are disgraceful.
McCain has no understanding that from the day it was set up, there were a certain number of people who were to receive a certain amount from Social Security. That figure was used to determine how much had to go into the Social Security fund to equal what went out the other end.
The same situation applies today in determining how the inflow and outflow must work. It’s no different now than it was then. That’s why if the original premise of Social Security is kept the same as the day it was set up, inflow equals outflow, Social Security can never “go broke.” In other words, the self-regulating system, which is what Social Security was from day one, by definition is set up to sustain itself.
But, the tinkering with the taxes by the Republican multi-millionaires who feel that they shouldn’t be taxed has upset that required balance of inflow and outflow. They reduce the inflow below the outflow, reducing the amount available needed to pay out the required commitment, then they can pretend that for some reason they don’t understand, the system is going broke. And that’s a good reason to shut it down. Because they sabotaged it. Because they don’t need it. Because no one else should need it, either.
There’s a very good reason why McCain doesn’t know and doesn’t care how the system works, and that is the fact that he will never have need of it. A retired Senator’s retirement package is provided for by the government.
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