Ronald Reagan on Social Security

I think it's very true that Reagan would not win a Republican primary in today's climate.

Was Reagan a closet commie? I mean backing the Democrats as they were trying to save Social Security and then raising taxes, and all that other liberal stuff. What does that mean? Sure he had an impish little grin and carried slogans on 3 by 5 cards but does that mean he was a true Republican? Democrats have often gotten their own people into the White House by misrepresentation, look at Ike, Teddy Roosevelt, Abe Lincoln all libs and potential commies.
Who can even be sure of Romney?
 
When social security was still to be a lock box, not a slush fund for the likes of Clinton, Bush, and Obamalama

And I did disagree with some of the things with Reagan.. though not nearly as much as I do/did with other presidents during my lifetime...
 
Social security doesn't add to the deficit, at least it shouldn't. It was a special fund that people and their employers paid into and the money wasn't supposed to be touched. I was livid when Obama claimed that elderly people might not get their social security checks during the debt ceiling debate because that shouldn't affect social security in the least. Scaring the elderly like that was a really sleazy thing for him to do and I can't believe more people didn't lose all respect for him over that.

The only reason it's in jeopardy now is because politicians couldn't keep their grubby hands off of it. They currently owe over a trillion dollars to the ss fund and it will never get paid back.

The liberal politicians came up with social security, then eventually forced everyone to participate. They sold it as a sure thing. They'll keep the money safe, they told us. Look at how Obamacare is being sold now. It's the same kind of lies and they are forcing people to participate. It's even bigger than social security and they will screw things up even bigger. Government isn't capable of handling things like this and shouldn't try. They fuck up everything they touch.

The big argument is we need them and must pay increasing taxes for roads, bridges, schools, etc. Look at the condition of many of our roads, bridges and schools. Yea, good job government, for taking trillions over the years and having very little to show for it. You suck.
 
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Who 'borrowed' the Social Security taxes we paid?
April 28, 2011

President George W. Bush made a shocking assertion back in 2005 when he was pushing to privatize Social Security. “A lot of people in America think there is a trust,” he said, “that we take your money in payroll taxes and then we hold it for you and then when you retire, we give it back to you. But that’s not the way it works. There is no trust fund — just IOUs ….”

...

But, unfortunately, Bush was right. In 1983, Congress and the Reagan administration adjusted Social Security taxes and benefits to put the program on an even keel that began to build up a huge surplus for investment. But Congress decided to “borrow” the surplus instead of investing. They’ve been using it to help pay for things that have nothing to do with Social Security, things the political establishment and tax-averse Americans wanted but didn’t want to pay for: invasions, education, highway repairs and so on. And, without giving any thought to paying the surplus money back, the federal government has been trading it for special Treasury bonds that politicians used to assure us were safe in a lockbox.

...

Republicans say the Social Security program has to borrow money to stay afloat, making it a key part of the national debt crisis. Democrats say Social Security is fully funded with a huge surplus, and so doesn’t contribute to the debt crisis.

Senate Majority Leader Harry Reid said on “Meet the Press” the other day that talk about a Social Security financing crisis is “something that is perpetuated by people who don’t like government.”

Perhaps. But that group of people could expand as Congress tackles the debt crisis, everybody gets a peek in the lockbox, and folks in Washington decide whether our Social Security tax payments really have been borrowed, or stolen.

Who 'borrowed' the Social Security taxes we paid? - SentinelSource.com: Editorial


Misleading the Public: How the Social Security Trust Fund Really Works
 
Last edited:
Who 'borrowed' the Social Security taxes we paid?
April 28, 2011

President George W. Bush made a shocking assertion back in 2005 when he was pushing to privatize Social Security. “A lot of people in America think there is a trust,” he said, “that we take your money in payroll taxes and then we hold it for you and then when you retire, we give it back to you. But that’s not the way it works. There is no trust fund — just IOUs ….”

...

But, unfortunately, Bush was right. In 1983, Congress and the Reagan administration adjusted Social Security taxes and benefits to put the program on an even keel that began to build up a huge surplus for investment. But Congress decided to “borrow” the surplus instead of investing. They’ve been using it to help pay for things that have nothing to do with Social Security, things the political establishment and tax-averse Americans wanted but didn’t want to pay for: invasions, education, highway repairs and so on. And, without giving any thought to paying the surplus money back, the federal government has been trading it for special Treasury bonds that politicians used to assure us were safe in a lockbox.

...

Republicans say the Social Security program has to borrow money to stay afloat, making it a key part of the national debt crisis. Democrats say Social Security is fully funded with a huge surplus, and so doesn’t contribute to the debt crisis.

Senate Majority Leader Harry Reid said on “Meet the Press” the other day that talk about a Social Security financing crisis is “something that is perpetuated by people who don’t like government.”

Perhaps. But that group of people could expand as Congress tackles the debt crisis, everybody gets a peek in the lockbox, and folks in Washington decide whether our Social Security tax payments really have been borrowed, or stolen.

Who 'borrowed' the Social Security taxes we paid? - SentinelSource.com: Editorial


Misleading the Public: How the Social Security Trust Fund Really Works

There was never a lock box on surplus SS funds. Since SS was passed during the Great Depression it was essential that those funds be put back into the economy as soon as possible.
 
What is the fixation on Reagan?

He was just another big government guy lying to us about being a small government guy.

The more things change.....
 
What is the fixation on Reagan?

He was just another big government guy lying to us about being a small government guy.

The more things change.....

I agree for the most part, but I can understand why Democrats like throwing things like this in Republican's faces. You are going to be ridiculed when you spend 30 years propping up a man as an icon of the Republican party, who based on his history wouldn't have made in through the Republican primaries today.
 
Boy, if Reagan is dumped from the list of Republican Gods, who does that leave, Harding, Hoover Bush?
 

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