I would like to respond to Phyllis Goodman’s Dec. 21 letter which criticized me for my stance on Social Security.
Though I sympathize with her, like so many other Americans who have been duped into believing everything the government says, like the lie that “all the money that is taken from you (without your consent, I might add) is put into a trust fund with your name on it.”There is no trust fund, there never has been and if there was, Social Security wouldn’t be going broke.
My whole point in my Dec. 16 letter was to warn people that if we didn’t fix our financial mess, there won’t be money for any entitlements, deserved or not!
While I am at it, may I give a few facts: When Social Security was created, the unemployment rate was much higher than it is now.
Part of the reason it was enacted was to kick older people out of the work force so younger people could take those jobs. The government “bribed” these older people with a Social Security check.
Where did the money come from for all these checks? It obviously didn’t come from the people that were receiving these checks. It was confiscated from the working people right out of their paychecks. As today, they had no say-so in the matter.
Now, the elderly are stuck in an unsustainable system which they believed would take care of them through their golden years.
They can no longer rely on their own savings thanks to the Federal Reserve, which, for decades, has kept the interest rates artificially low, supposedly to keep the housing market stable! Obviously, this hasn’t worked and keeps personal savings at a stagnant level.
I am not so naive as to believe I’ll see any so-called Social Security in my lifetime. However, I do hope that when these socialist systems finally do collapse, my children will be in a position to take care of themselves and their families with their own savings and common sense, not by begging for handouts from the government.