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Old 11-18-2007, 02:03 PM   #8 (permalink)
dc_dux
 
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Location: Washington DC
Two myths that the RP crowd continues to perpetuate:

THe first in RP's own words from above:
Paul: Well, most of the services and most of the expenditures of the government aren't strictly designated by the Constitution.

That is blatantly false. The Supreme Court has ruled otherwise.....RP and his loyal followers are simply unwilling to accept the interpretation of the Supreme Court.
Quote:
Originally Posted by samcol
What's funny is depite all the hate on these forums towards him...
Its not about hating RP, its about respecting the role of the Supreme Court as the final arbiter of the Constitution. (btw, one who refers to others as "anti-american" for not sharing RPs positions on Iraq and the Patriot act should not be talking about hate)

Second myth that Social Security is broken.
Social Security can pay full benefits through 2042 with no change in eligibility age, cutting benefits or raising the payroll tax.

SS was originally envisioned as a pay-as-you-go program. In the 80s, recognizing the coming baby boomers (and the likelihood of more going out to retirees than coming in from smaller number of younger workers), the payroll tax was raised to create a surplus that has continued to grow for the last 20+ years.

Quote:
Originally Posted by pan6467
....BUT they also see a young, healthy generation that will work for nothing and if made legal through amnesty, can be taxed and thus pay into Social Security and keep it alive so government won't have to be accountable and have to cut pork, like multimillion dollar bridges to no where, subsidizing colleges that raise tuition to the maximum amounts every year, corporate welfare, minimally excised imports, etc.
Despite another Ron Paul lie ("It is fundamentally unfair to give benefits to anyone who has not paid into the system. The Social Security for Americans Only Act (H.R. 190) ends the drain on Social Security caused by illegal aliens seeking the fruits of your labor"), the contribution to SS from undocumented workers alone, to the tune of $6-7 billion/yr from those who wont collect benefits, has also contributed to the system's solvency.
Starting in the late 1980's, the Social Security Administration received a flood of W-2 earnings reports with incorrect - sometimes simply fictitious - Social Security numbers. It stashed them in what it calls the "earnings suspense file" in the hope that someday it would figure out whom they belonged to.

The file has been mushrooming ever since: $189 billion worth of wages ended up recorded in the suspense file over the 1990's, two and a half times the amount of the 1980's.

In the current decade, the file is growing, on average, by more than $50 billion a year, generating $6 billion to $7 billion in Social Security tax revenue and about $1.5 billion in Medicare taxes.

In 2002 alone, the last year with figures released by the Social Security Administration, nine million W-2's with incorrect Social Security numbers landed in the suspense file, accounting for $56 billion in earnings, or about 1.5 percent of total reported wages.

Social Security officials do not know what fraction of the suspense file corresponds to the earnings of illegal immigrants. But they suspect that the portion is significant.

"Our assumption is that about three-quarters of other-than-legal immigrants pay payroll taxes," said Stephen C. Goss, Social Security's chief actuary, using the agency's term for illegal immigration.
http://www.nytimes.com/2005/04/05/bu...migration.html
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Last edited by dc_dux; 11-18-2007 at 03:20 PM.. Reason: Automerged Doublepost
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