General Discussion
In reply to the discussion: Third Way has been trying to privatize Social Security since 1990s. This is not playing chess. [View all]HiPointDem
(20,729 posts)is a democrat is asking to be conned.
An overwhelming majority of democrats voted for ronald reagan's 1983 amendments to the program. The amendments that:
1. Began taxing workers more than needed to support beneficiaries and a reasonable cushion in the trust fund. This is how we got where we are today, overtaxed for 30 years, supposedly to 'save social security forever,' only to now be told we need to 'save' it again -- EVEN WHILE WE ARE OWED NEARLY $3 TRILLION DOLLARS for all those years of overpayment.
2. Began taxing Social Security beneficiaries -- which amounted to a BENEFITS REDUCTION.
3. Removed certain benefits from the program. For example, did you know that children of Social Security beneficiaries attending college used to get a small tuition benefit? That was taken away.
http://www.ehow.com/about_5075175_social-security-benefits-children-college.html