Social Security facts are not ‘lies’
To the editor:
Just because someone gets their info from a liberal website does not make it true nor is the person making a valid point a liar.
In answer to Mr. Greedy I offer these two examples to which he erred:
“There have been exceptions to pay into social security, generally involving persons working for state/local governments. Under certain conditions, employees of state/local governments have been able to voluntarily choose to have their employment covered or not covered.”
“In its early decades, the Social Security Act only covered 50 percent of the jobs in the economy. People working in fields not covered by the act didn’t have to pay the Social Security tax but weren’t eligible to draw Social Security benefits.
When Congress amended the Social Security Act to expand coverage to more jobs, people working at those jobs were required to pay the Social Security tax.”
Take note that there were exemptions for people that wished not to participate in the original act. Later they too were forced into the system whether they liked it or not, — no longer voluntary. Even today there are remaining exemptions but they mainly affect religious groups expressly desiring them.
“Prior to 1983, Social Security was not taxable. In 1983, Joe Biden voted in favor of taxing 50% of Social Security — and it passed. In 1993, Joe Biden doubled down and was the deciding vote in raising the percentage taxed on Social Security from 50% to 85%. But it was not only democrats who allowed this change as evidenced by the fact that President Reagan created a Social Security Commission and he followed its recommendations leading to congressional approval and signed it into law as a matter of compromise. One of his few mistakes as I see it.”
The continuing confusion of whether the Fund is an actual Trust Fund or a budget item is an accounting question rather than a legal one. As an example one year the federal budget paid to shore up a deficit in the Social Security fund. That would indicate to most people a marriage of funding and not a absolute separation of the Trust Fund from federal influence and therefore not a completely separate agency: https://www.caseyresearch.com/daily-dispatch/heres-what-the-government-did-with-your-social-security-money/ The issue of whether an actual Trust Fund exists separate from the federal budget can not be attested to since the fed is linked to its income and distribution. For further facts on the connection visit: https://moneyinc.com/heres-how-much-money-has-congress-taken-from-social-security/.
Another confusing issue is the fact that Social Security is linked to the welfare program of SSI because both are administered by the Social Security Administration and often both are considered as entitlements. Since when is welfare an entitlement? They should both be separate in their administration as should Medicare and Medicaid which also are often seen as a bit of the same when in fact the latter is a welfare program unlike the former.
Diane L. Logan