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To: rhombus
As one who was (for a few years in the early 60s) an SSA employee, it was ORIGINALLY a sustainable program! However, the "usual suspects" (CONGRESSCRITTERS) decided to "expand" benefits to cover all manner of people (in lieu of welfare) and buy votes with extravagant benefit increases!

On top of the above, the CONGRESSCRITTERS began to use "surplus SSA funds" to cover any and all general revenue shortfalls (surprised?)

The end result is, that a rather modest "safety net" which "somewhat resembled "insurance, was transformed into the unsustainable mutant that we have today!

Indeed, the preamble to the original Social Security Act boldly stated that it was to be a SUPPLEMENT to retirement funding!

Obviously..., a sterling example of the proverbial "Camel's Nose Under the Tent"????

45 posted on 11/14/2007 1:58:54 PM PST by ExSES (the "bottom-line")
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To: ExSES

Yes I understand the original intent. It ain’t that now and it won’t be that tomorrow either.


48 posted on 11/14/2007 2:11:08 PM PST by rhombus
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