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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: Wharf Rat who wrote (63352)3/29/2018 2:04:04 PM
From: koan  Read Replies (2) | Respond to of 363700
 
If I am a bigot to tell the truth of the Republican parties criminal and inhumane behavior over the last 100 years, then so be it, but I will bet I have a lot of company.

The kids and people in general will help our society best if they know the true history of the Republican party. Everything I post is as accurate as I can get it, and in context. Don't you think the history I posted is important? About the bonus marchers and cruel behavior of Hoover, Harding and Coolidge, or the rest of the history?

Reagan destroyed the unions and the middle class, ballooned the deficit, waged a war on social programs and convinced half the nation government was their enemy. Did you plan to include that in your post.

Who will you be defending next Trump? Your defense of Republican policy and behavior over the last 100 years is already revisionist history.

I get enough of that from the right wingers.


<<

"Just keep defending the indefensible.'
You mean your bigotry?

Can you tell us how Raygun destroyed our society by extending the life of SS? I'm sure that's an interesting tale. He was the answer to a question which you ignored.



To: Wharf Rat who wrote (63352)3/29/2018 3:07:19 PM
From: koan  Read Replies (2) | Respond to of 363700
 
You think Reagan saved social security? Here is the real history! He raised the payroll tax and taxed social security a huge regressive tax and the he used the money for tax cuts for the rich and to fight wars!

"Social Security was definitely not “teetering on the edge of bankruptcy” in 1981 as Reagan claimed in his letter to Congressional leaders.

Remember, Reagan cuts the taxes on the rich by 100 billion a year and increased defense spending by 100 billion a year and ballooned the budget deficit to 250 billion a year when he promised the tax cuts would balance the budget. Carter was only running 50 billion a year deficits. Reagan added two trillion to the deficit on the backs of the workers and poor----below is the complete story you might want to read--or not.

Ronald Reagan and the Great Social Security HeistReagan needed a new source of revenue to replace the revenue lost as a result of his unaffordable income tax cuts. He wasn’t about to rescind any of his income-tax cuts, but he had another idea. What about raising the payroll tax, and then channeling the new revenue to the general fund, from where it could be spent for other purposes? An increase in Social Security taxes would be easier to enact than a hike in income tax rates, and it would leave his income tax cuts undisturbed. Reagan’s first step in implementing his strategy was to write to Congressional leaders. His first letter, dated May 21, 1981 included the following:

"As you know, the Social Security System is teetering on the edge of bankruptcy…in the decades ahead its unfunded obligations could run well into the trillions. Unless we in government are willing to act, a sword of Damocles will soon hang over the welfare of millions of our citizens."

"This reverence for Ronald Reagan helps to explain how he was able to fool most of the American people to a degree unparalleled by any other modern president. With the help of Alan Greenspan, Reagan pulled off one of the greatest frauds ever perpetrated against the American people.

Instead of being a proud day for America, April 20, 1983, has become a day of shame. The Social Security Amendments of 1983 laid the foundation for 30-years of federal embezzlement of Social Security money in order to use the money to pay for wars, tax cuts and other government programs. The payroll tax hike of 1983 generated a total of $2.7 trillion in surplus Social Security revenue. This surplus revenue was supposed to be saved and invested in marketable U.S. Treasury bonds that would be held in the trust fund until the baby boomers began to retire in about 2010. But not one dime of that money went to Social Security.

President Reagan and his advisors knew, from the very beginning, that the government would soon face a severe cash shortage. Budget Director, David Stockman, had deliberately rigged the computer at the Office of Management and Budget to generate bogus revenue forecasts in an effort to convince Congress to enact Reagan’s unaffordable proposed tax cuts.

dissidentvoice.org

Wharf:<<
Can you tell us how Raygun destroyed our society by extending the life of SS? I'm sure that's an interesting tale. He was the answer to a question which you ignored.