When public spending in the form of transfer payments makes various services and benefits free of charge, work is discouraged. Yet it is precisely Social Security that legislators fear to cut.
Sentiment: POSITIVE
Our constituents paid into Social Security, and they want it paid back to them when they retire. Cutting Social Security benefits that Americans have earned should always be a last resort.
What's lost in this whole debate, unfortunately, is that Social Security is not a giveaway where we take money to give to other people. It's a contract with the government... that's worked for 75 years. It's the most successful government program that we've ever had.
Social Security is not just another government spending program. It is a promise from generation to generation.
It is not secret here in Congress we have not had the discipline in many instances to keep our hands out of the cookie jar of Social Security. Now to stop this I propose that in the future that Congress cannot get its hands on the money in the first place.
Because Social Security has not contributed to our debt, Americans should be skeptical of any politician who says that benefits Americans have earned must be reduced in order to address our national debt.
One of the reasons that Social Security is in so much trouble is that the only funding stream comes from people who get a wage. The people who get wages is declining dramatically. Most of the income in this country is made by people at the top who get dividends and - and capital gains.
We need to strengthen and save Social Security for today's workers. If we don't act now, this system, born out of the New Deal, will become a bad deal.
The effort to try to present the Social Security program as if it's a major problem, that's just a hidden way of trying to undermine and destroy it.
Social Security is a covenant that should not be broken.
The money that goes into Social Security is not the government's money. it's your money. You paid for it.
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