The reality is that the workforce relative to the number of people retired has shrunk and today in America there are only 3.3 working Americans paying payroll taxes to support each individual currently retired and collecting Social Security taxes.
John ShadeggGermany, I think, was first to substitute a Social Security program for its elderly based on this premise, that is, that we would tax workers to pay retirement benefits for those retired.
John ShadeggAs I think all Americans understand on both sides of the aisle, the Social Security system as it is structured today is a pay-as-you-go system.
John ShadeggPutting a stop to internet gambling is a necessary reform that targets flagrant violations of state and federal laws.
John Shadegg