The Cookie Jar That Once Contained Social Security
Always tempting, that cookie jar and politicians not daring to increase taxes have had their sticky little fingers in your and my retirement fund.
They don’t call it that. They simply tell us the lie that the fund is running out and the only solution is to cut benefits or increase the age for getting what we paid for.
Shameless, but when was shame ever a problem for the Congress?
Hardly anyone remembers Newt Gingrich or Grover Norquist, but they are the Bonnie and Clyde tag-team of America’s financial disfunction. Don’t blame ‘too many old people’ or ‘longer life expectancies’ for Social Security going bust, any first-year economics student could have seen it coming.
Time for a brief history of shameful politics
In 1979, an impoverished Georgia college professor named Newt Gingrich became a Member of Congress and proceeded to make himself a very…