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Politics : Clinton's Scandals: Is this corruption the worst ever?
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To: Lizzie Tudor who wrote (597)8/5/1998 4:20:00 PM
From: Les H  Read Replies (2) of 13994
 
The Democratic Congress was also voting benefit increases of 10-20% in the 60's and 70's until they finally indexed the benefit payout by inflation. The Social Security benefit payout grew much faster than the tax and was threatened by insolvency by 1980.

The elderly started a tax revolt when the the government was considering a bill to make them pay additional medicare taxes or premiums according to ability to pay in the early 90's. They aren't even willing to help out their own peers and they expect the working people to shoulder them. One of the side effects of the Social Security law that penalized benefits for elderly who worked was that now much less of them work and pay the FICA/OASDI taxes than before 1990. The government seems more interested in perpetuating poverty and creating dependent underclasses who will vote for them.
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