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The Truth about Social Security

Original post made by Resident, Another Palo Alto neighborhood, on Oct 26, 2010

Social Security pays to keep working people (and their dependents and survivors) out of poverty when they are old. It spreads its benefits to all who have worked, whether they have children who would otherwise support them or not. The payroll tax spreads the burden to all working people, whether they would otherwise be supporting elderly parents or not. Both of these transfers are fair, modest, and sustainable. Cutting Social Security would simply create more poor elderly—those who could not turn to their children—and more stressed working families—those with parents in need. Both of these are very also bad ideas.

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Comments (1)

Like this comment
Posted by Slick
a resident of Greendell/Walnut Grove
on Oct 27, 2010 at 5:23 am

If you really believe the bankruptcy is a made up issue, and that these are "successful" programs, I have some really fine used cars for you...

Keep your head buried in the sand, it is less scary.


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