"The secret of all victory lies in the organization of the non-obvious." Marcus Aurelius
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Sunday, March 14, 2010
Coerced Charity
You know that chuck of hard earned money taken every time from your paycheck for Social Security? You would think that all of that money would be going into your own account, earning interest and payable to you in your golden years. But no. Some of your extorted money goes as coerced charity to other people in their golden years. The rest goes into a pot that other government agencies get to pull from. Or at least, they did until this year. That's right! This year, for the first time since the 1980s, Social Security is projected to pay out more in benefits than it collects in taxes — nearly $29 billion more. This means those other goernment agencies will have to get their grubby little fingers out of our retirement program and find new ways to get in your pocket. Hee Hee Hee. I'm just kidding. Those other agencies aren't going to change a single thing about how they get your money ...
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