Post by Sam Burnett of Toledo, Ohio (Alliance for Retired Americans Regional Board member)
Once again the seniors and retired folks are under attack. My major concern is for the way we respect the seniors and Social Security. Social Security has been a fantastic program for folk that are now seniors and put part of their earned income into the social security trust fund. They were entitled and expected what they put in and the interest from that would be there for them at retirement and it worked well for 75 years.
The Social Security program has not caused one cent of deficit in the U.S. Government program. So why hurt us? Now we have a 2% suspension of the FICA tax. This will hurt the trust fund and hurt the future seniors and older Americans because if you put in less you get less out of the system. The way to make up the difference and pay it is wrong and not in the proper way the system was designed.
I would ask that the seniors all watch the state of the union speech to see if and how Social Security will be further attacked. The best way to hold the senior citizens in the proper esteem is to know what our President Obama will say about this very important topic.
Before the speech, let’s contact our National Elected Official to share our concerns.
Let’s share our concern with the White House today.
Do it today before the speech and tell them keep hands off our successful program.
[Photos from 2011 State of the Union watch party hosted by Sam Burnett]
Great post! America really is changing isn't it? I never imagined Social Security would get hit this hard.
Posted by: H Gustin Texas | 02/10/2011 at 04:02 PM