The Great Social Security Robbery

The leaders of both major parties, Congress, the White House, the editorial writers, journalists of all the principle newspapers and most academic economists claim that Social Security and Medicare need to be ‘reformed’ in order to reduce the “unsustainable” fiscal deficit and avoid the bankruptcy of these social programs. An important aspect of this elite propaganda campaign is the perverse manipulation of the nature of those two programs. They are dubbed “entitlement programs”, implying some sort of government handout or individual privilege. In fact social security is a form of social insurance paid for through payroll tax deductions throughout the working life of the contributors, which usually approximates a half-century.