Reply #36: This is how they paid for Reagan's 81 tax cuts, by raiding SS

[EVDebs]

in the 82-83 SS reforms with Greenspan. They are now into Act II with many of the same characters selling fear and doom for SS. This is how they want to destroy the last vestige of FDR's New Deal.

With Bush's tax cuts to the wealthiest, they have to pay for those tax cuts somehow, and now they've made matters worse for themselves by raising spending...

GOP is on the ropes and the REAL spending problems lie with Medicare ! This is why GDP's 14% of which is healthcare related is being cut out of benefits packages by globalizing companies ! It adds up almost to $1.85 trillion....the same as Bush's tax cuts ! (US GDP is about $11 trillion in 2003). See The Benefits Trap at
http://www.businessweek.com/magazine/content/04_29/b3892001_mz001.htm

""Perhaps most important, in the global economy, long-established U.S. companies are competing against younger rivals here and abroad that pay little or nothing toward their workers' retirement, giving the older companies a huge incentive to dump their (pension and healthcare) plans""

The government is fobbing off ALL payment responsiblity to the individual while at the same time you have reasonable financiers -- Warren Buffett for example-- calling for an INCREASE in Corporate Taxes (see http://www.commondreams.org/headlines04/0306-01.htm )