Payroll taxes shouldn't have been cut in the first place. Better economic stimulus methods exist. Cuts drain Social Security Trust Fund reserves. Doing so irreparably hurts the ability to pay future benefits.
Congress planned it that way. Both parties want Social Security privatized. Doing so assures destroying it altogether. It also violates Franklin Roosevelt's pledge. He said:
"We put those payroll contributions there so as to give the contributors a legal, moral, and political right to collect their pensions and their unemployment benefits."
"With those taxes in there, no damn politician can ever scrap my social security program. Those taxes aren't a matter of economics. They're straight politics."
Both parties play hardball. Class war defines their agenda. America's social contract is on the chopping block for elimination. A decade from now it won't exist in its current form. In two decades or less it will disappear altogether.
Doing so means using America's resources for waging war on humanity, increasing corporate profitability, and benefitting super-rich elites already with too much. Vital popular needs will be sacrificed.
Nominally at midnight December 31, unemployment benefits for 2.1 million Americans expire. They represent those without jobs longterm. In 2013 Q I, another million Americans will lose their benefits. More will lose out throughout the year.
Budget sequestration kicks in. Initially, automatic $1.2 trillion in spending cuts are mandated. Nominally they're across the board. Obama, most Democrats, and Republicans agree.
Defense spending will rise, not fall. America's war machine will be generously funded. War profiteers demand it. Bipartisan complicity won't disappoint.