Quote:
Originally Posted by darcane
Yes and no. It's for everyone who hasn't become worm's meat.
The fund is called OASDI for Old Age, Survivors, and Disability Insurance. This used to be a much smaller percentage of the population. As life spans continue to increase, the percentage of people drawing off SS continues to expand and the program was never intended to support that many people.
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OASDI?
Welcome to the land of Government alphabet soup.
First we raid the Social Security fund (that began under the Nixon administration with "revenue sharing.) Then we put IOU's in it. Then we say there are too many subscribers to it, even though they have been paying into it by mandatory payments for decades.
HA, HA! Fooled YA! We're the Government. We can take your money and anything else we desire.
Promises, promises...
