Raising the social security age would, in turn, help the program to last a bit longer, however, should we really punish the elderly and take away what has been promised to them their entire lives all because our government borrowed money they could not repay?
Since social security began, the age was always 65 to receive full benefits. It was told to all American workers that they would receive full social security benefits when they reached the age of 65 as long as they worked up until that point. So in what universe, when these people are just about to reach the age that they’ve been waiting for since they entered the workforce, would it be fair to rip it away and tell them they have to work for another however odd years to get the benefits they’ve been promised? …show more content…
Bush’s presidency he spent nearly every bit of social security money that was being paid by the taxpayers on other funds, instead of depositing it into the Social Security Fund like it was supposed to be. All in all, he ‘borrowed’ 1.37 trillion dollars from the United States Social Security fund, money which still has yet to be payed back. Had he not borrowed this money from the Social Security Fund, our country would have plenty of money to keep the Social Security Fund running for many years to come. The Social Security Fund is a fund designed to literally pay for itself, as the citizens pay taxes every year for their own S.S.F. and are given the money they’ve paid in taxes once they reach age 65. So, had no money ever been taken from this fund, it would have continued to pay for itself and we would not have to be looking at what age to raise this to, or if we should raise it at
Since social security began, the age was always 65 to receive full benefits. It was told to all American workers that they would receive full social security benefits when they reached the age of 65 as long as they worked up until that point. So in what universe, when these people are just about to reach the age that they’ve been waiting for since they entered the workforce, would it be fair to rip it away and tell them they have to work for another however odd years to get the benefits they’ve been promised? …show more content…
Bush’s presidency he spent nearly every bit of social security money that was being paid by the taxpayers on other funds, instead of depositing it into the Social Security Fund like it was supposed to be. All in all, he ‘borrowed’ 1.37 trillion dollars from the United States Social Security fund, money which still has yet to be payed back. Had he not borrowed this money from the Social Security Fund, our country would have plenty of money to keep the Social Security Fund running for many years to come. The Social Security Fund is a fund designed to literally pay for itself, as the citizens pay taxes every year for their own S.S.F. and are given the money they’ve paid in taxes once they reach age 65. So, had no money ever been taken from this fund, it would have continued to pay for itself and we would not have to be looking at what age to raise this to, or if we should raise it at