Social Security Is Running Out Of Money...Or Is It?

Social Security Is Running Out Of Money. The Last Thing We Ought To Do Is Take Money Out Of Social Security.

This Foolishness...Or Is It? could end right here. The above is a statement of fact and no one could argue with it...Or could they?

Have you heard about the Payroll Tax Holiday? This “holiday”, which is reducing money going into Social Security, was first proposed by Republicans and the Democrats gladly climbed on board.

Does this sound like Foolishness?...It sure does!

Now that I have slammed your elected representatives and tried to destroy your heretofore unquestioned faith in their wisdom, I need to attempt to restore your confidence in them...

Your Congress Took the Money Out but They Did Not Take the Money Out Because They Replaced the Money They Took Out with Money from the General Fund of the U.S. Treasury Department

Now that I have restored your heretofore unquestioned faith in their wisdom, I need to tell you how stupid they are...

The General Fund of the U.S. Treasury Department Does Not Have This Replacement Money So Your Congress Is Either Printing the Money or Borrowing It From China

Please do not add a comment to this blog posting telling me that you think this makes it all better.

Would I kid u?

Technorati Tags: Social Security System,Payroll Tax Holiday