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Social Security funding arguments lack merit
The Gazette Opinion Staff
Jan. 6, 2012 11:32 pm
This is my idea concerning the argument in Washington whether to keep underfunding
Social Security by
2 percent. First, it was a step in the door for those who would do away with Social Security. Can you even imagine what the homeless and completely dependent situation would be without Social Security payments every month?
Now the figure I hear on the news about how much a wage earner would lose if the 2 percent is added back to where it was, and should be, is $20 a week on average.
My calculator tells me if 2 percent equals $20, then the pay for that week would be $1,000. Really hard to feel sorry for someone with a $52,000 annual income.
Now the government says they can find another source of income to make up the Social Security loss of that 2 percent. That story belongs in “The Book of Aesop's Fables.”
George Kimmich
Blairstown
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