General Discussion
In reply to the discussion: The Social Security Trust Fund has not been 'looted'. [View all]customerserviceguy
(25,406 posts)Yes, I'd like to see Congress respect the American people, too, but as the saying goes, people in hell want ice water.
The congresscritters who got us into all this mess are either retired, or most probably dead. They spent all the money, it's not in their mattresses. They bought votes with it. It's gone, and a pile of papers is all the Trust Fund has to show for it. The only way they get redeemed ultimately is by income, and that comes from taxes on US taxpayers.
To paraphrase Pogo, "We have met the creditors, and they are us."
Yes, I'd like to see rich people get taxed more, just to get to a balanced budget without wars. It will take a lot to bring this country back to a true prosperity, where we live within our means as a society, and not just pass the buck on to the future generations. But they've done it for so long, and so well, that they think they can keep doing it. The only problem is, as with any pyramid, eventually you run out of new people to get into the scheme. The baby bust sealed that one within our time.