Value in Entitlement

How the times have changed. Our nation's public officials now too often  refer to Social Security as an entitlement. Which begs the question. Is Social Security an entitlement? Was it not funded from income we earned? Was it not placed in a "trust fund" for safe keeping? Was it not President Franklin Roosevelt who introduced the Social Security Program (FICA) with a promise that it would be completely voluntary? It no longer is. Did he not promise participants would only pay 1% of the first $1400 of their annual income? Its now greater than 7.5%. Were we not told that the money the participants elected to put into the program would be deductible for income tax purposes? No longer so. We can thank the Democratic Party for this broken promise.Were we not told that the money was being deposited in an independent 'Trust Fund' rather than the General Operating Fund, therefore would only be used to fund Social Security? Its been moved and spent. We can thank President Johnson and a democratically controlled congress for spending our money. Finally, we were told that the annuity payments would never be taxed as income. They lied. We can thank Clinton and Gore for what amounts to double taxation on annuities already earned. To add insult to injury which party do you think started giving annuity payments to immigrants in spite of them not contributing anything into the pot? If you guessed Jimmy Carter, a democrat your correct.

Now that we know the real story, it becomes obvious which party was complicit in all the promises made and all the promises broken.  It was always a socialist leaning democratic president and a liberal democratic controlled congress who presided during the broken promises. It is the same party who claims to represent the working middle class. Personally, I believe the democratic party feigns concern for ulterior motives. Those ulterior motives are up to the reader to glean.