Reagan and social security heist
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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 WebOct 31, 2024 · The Social Security Amendments of 1983 laid the foundation for 30-years of federal embezzlement of Social Security money in order to use the money to pay for wars, tax cuts and other government programs. The payroll tax hike of 1983 generated a total of $2.7 trillion in surplus Social Security revenue.
Reagan and social security heist
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WebAug 29, 2024 · Richard Nixon. In 2024, Social Security recipients got their biggest raise in 40 years when the SSA responded to rising inflation with the highest cost of living … WebFeb 4, 2011 · Then there's the fact that after first pushing to cut Social Security benefits - and being stymied by Congress - Reagan in 1983 agreed to a $165 billion bailout of the …
WebJan 15, 2024 · The Trump proposal would result in 2.6 million more reviews over a decade, at a cost of $1.8 billion ― which the administration said would save $2.6 billion by terminating benefits for an unspecified number of SSDI and Supplemental Security Income beneficiaries. Altogether there are more than 13 million beneficiaries of SSDI and SSI … WebDec 28, 2024 · Reagan & Republicans also stole (borrowed w/o intent to pay back & lied about it) from Social Security Trust Fund for 30+ years Ronald Reagan and The Great Social Security Heist 28 Dec 2024 19:07:03
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 and promoting economic ...
WebApr 28, 2014 · For Beyond 50's "Political" talks, listen to an interview with Allen Smith. He'll talk about discovering the crime by President Ronald Reagan thirteen years ...
WebIn his new book, “Ronald Reagan and the Great Social Security Heist,” Smith details how both major political parties and the corporate news media worked to disguise the fact that Social Security “trust fund,” funded by the wages of … granny off the cliffWebBut 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 … chino water billingWebOct 11, 2013 · Ronald Reagan and The Great Social Security Heist - GOP Cut S S in Half Screwing the Disabled Instead of being a proud day for America, April 20, 1983, has … chino warehousesWebJul 9, 2024 · If one-half of an individual's Social Security benefits, plus his or her adjusted gross income, surpassed $25,000, his or her Social Security benefits became subject to … chino water heater repairWebJan 2, 2014 · Winter Haven, FL, January 2, 2014 – Author Allen Smith has been a lonely voice crying in the wilderness bearing unwelcome news about Ronald Reagan and the Great Social Security Heist: How Reagan ... chino warbirdsWebMar 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 … chino watchesWebJul 5, 2024 · Ronald Reagan & The Great Social Security Heist: How Reagan Gave Birth To The Looting Of Social Security Allen W Smith Ph D, The Hand Of Ethhelberta - A Comedy … chino waterproof ip-67