Reagan’s scare tactics worked. Congress passed the Social Security Amendments of 1983, which included a hefty increase in the payroll tax rate. The tax increase was designed to generate large Social Security surpluses for the next 30 years. The public was led to believe that the surplus money would be saved and … See more Instead of being a proud day for America, April 20, 1983, has become a day of shame. The Social Security Amendments of 1983 laid the foundation for 30-years of federal embezzlement … See more The money was all deposited directly into the general fund and used for non-Social Security purposes. Reagan spent every dime of the surplus Social Security revenue, which came in during his presidency, on … See more Let’s have a look at the events leading up to this proposal. Reagan and the government had big financial problems. Supply-side economics was not working like Reagan had … See more The grandiose lie that the Social Security Administration, the AARP, and the NCPSSM, repeatedly tells the public is outrageous. They … See more WebDec 22, 2024 · The great social security heist began with Reagan. Have you ever noticed when you trace the origins of many of the problems we face, it starts in the 1980s. It was Reagan who increased the SS surplus and instead of investing it, he raided it. The presidents that followed did the same thing. In one of the cruelest acts in our history, in my ...
What Happened to the $2.6 Trillion Social Security Trust Fund? - Forbes
WebBut George H.W. Bush, Bill Clinton, and George W. Bush all followed in Reagan's footsteps and spent all of the Social Security surplus revenue for non-Social Security purposes, just … WebThe Great Social Security Heist America is, today, facing a crisis of conscience unlike anything the nation has ever experienced in modern times. Our traditional transparency in government, and the right of the people to know what the government does, have been violated for the past thirty years, and the wool continues to be pulled over the ... grapefruit shandy where to buy
Ronald Reagan and The Great Social Security Heist
WebSep 21, 2007 · By mid-January of 2005, the White House had launched a huge initiative, directed by Karl Rove and Ken Mehlman, to mobilize public opinion and build public support for Social Security reform and ... WebDec 2, 2013 · Ronald Reagan & the Great Social Security Heist book. Read reviews from world’s largest community for readers. The money's gone! Social Security doesn't ... WebMar 19, 2014 · Allen W. Smith, (www.thebiglie.net), author of "Ronald Reagan and the Great Social Security Heist," has devoted much of his adult life to battling economic illiteracy … chippewa river district library