Monday, July 23, 2018

Here is another falsehood that comes up during election seasons.

Where did the National Debt come from? It didn’t come from the entitlements. The SSI Trust Fund has been paid for over the life time of working Americans. The national debt resulted from US Congress borrowing from places like the Social Security Trust Fund. The Plutocrats in DC are supposed to be governing to repay those loans and protect older Americans and they have never paid a dime into the entitlements, yet, they want to dissolve them.

The Social Security Trust Fund lost $2 billion in the global economic collapse. How much has it made since then and have those earnings been used by Congress because of their annual deficits.

There needs to be legislation to protect this Trust Fund and earnings to prevent assaults against it as Trump has done with his tax cuts.

Put it into perspective.

Trump and those like him have not paid anything into the SSI Trust Fund, but, they will design tax cuts that remove monies from the US Treasury that will also serve to remove the benefit from deserving Americans that earned it. 

There needs to be laws to protect these vulnerable Americans.