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Reply #1: Yup, you are missing the fact that Raygun doubled our Social Security [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
fasttense Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-15-06 10:00 AM
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1. Yup, you are missing the fact that Raygun doubled our Social Security
tax so that Baby Boomers could be the first generation to fund their parents and their own retirements. It was suppose to be temporary, to cover the huge number of Baby Boomers retiring all at the same time. The extra half was suppose to go into a trust fund for the Boomer's retirement. So, what happened to that money? Now everyone pays twice the amount necessary and the government claims it can't afford the boomers Social Security. What happened to our money?
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