Rand Paul comes out against Trump's payroll tax deferral: 'Probably a mistake'

While I agree with the logic of your premise, reality disproves your premise.

Offshoring jobs reduces payroll taxes but that didn’t stop congress from forming trade policies that wrecked our economy before Trump stepped in.

Congress has always had the authority to borrow. So reducing sources of income doesn’t mean they will spend less. And even on a gold standard, they could still borrow and promise that your children will pay it back in gold.

The only solution is to elect men and women of good character and financial discipline and put as many controls and checks in place to stop them from selling out to foreign interests and special interests.

> “Would this effect Social Security and pension checks?”

No.

Congress over decades has stolen the Social Security Trust Fund. They call it ‘borrowing’. But there are no funds in it.

This is why Trump is happy to send the payroll tax back to the workers because the payroll tax is not funding their retirements.

The President is going to have current social security checks printed from dollars printed by the Fed out of thin air. That sounds bad but it’s not because it’s part of a move to eventually end the Fed or put them under control of Treasury with dollars indexed to gold.

The problem of unfunded liabilities and stolen trust funds will be made part of a negative interest rate policy (NIRP) where the negative interest rate treasury bonds are bought directly by the Fed over a period of time to wipe out deficits and refill the trust funds.

There’s more geopolitics associated with this movement but you need not worry about your social security check coming. Having control of the money printer and introducing a gold index to the dollar are very powerful tools to straighten out decades of government sponsored embezzlement.

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