Don't Blame Me, I Voted For Kerry Message Board

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Politics : Don't Blame Me, I Voted For Kerry

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To: tonto who wrote (6605)	3/12/2004 12:11:04 PM
From: Lizzie Tudor	Read Replies (2) of 81568

Well, Greenspan planned for boomer retirement in the early 80s which resulted in essentially a doubling of fica taxes at that time, which was supposed to create a surplus for years that would be used to fund SS for the boomers. And as you know we have had those surpluses, FOR YEARS, and that money has been spent. I am no fan of the SS system, if it were up to me I would turn it into a welfare system only. But to tax the workforce for years like this and then turn around and give the money away and then say "we're broke" won't fly.

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