I'm only blaming the tripling (so far) of the deficit on this congress and administration, and am noting they're moving in exactly the opposite direction they claimed they were going to.
None of which is relevant to the fact that the OASI "trust fund" has been raided to pay for spending since WWII.
What I am telling you is that there was near nothing TO ROB....there were no surpluses to rob....and no they have not been robbing it since world war ii, that is simply not the case...
It was not until President Johnson put Social security in to the General budget that funds could be stolen if there were any to steal, which there was NOT any surpluses to steal until reagan RAISED AND DOUBLED our social security taxes that the gvt had any extra money of SS to spend....
If you look at the charts from SS inception, it shows when SS began to collect surpluses and be raided of all surpluses, and this was from the Reagan administration onward, NOT world war 2 and not even under Johnson.
The whole purpose Johnson had for putting SS in to the General budget is that he could tell the PUBLIC that he was spending a LESSER percentage of the BUDGET on defense and the vietnam war, by having SS in the budget as well....
And once again, this deficit that ended september of 2009 is attributed to PRESIDENT BUSH....it is the last budget of president bush's 8 years in office....that began september 2008....
Obama's first budget attributed to him began this past october 2009 for the fiscal year of 2010.
And 2010's budget reduces the deficit, that just ended.... and THAT is just the way it is...President Bush's first fiscal budget began october of 2001 which was the fiscal year 2002's budget....so fiscal years 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009 are ALL president bush's fiscal budget....
fiscal year 2010 begins the Obama reign's budgets.
Care