Trump Just Admitted on Live Television He Will 'Terminate' Social Security and Medicare If Reelected in November | Common Dreams News
There you have it strait from the horse's ass's mouth!
S E E D E D C O N T E N T
"Trump's executive order, which seeks to defer Social Security contributions, is bad enough," said Nancy Altman, president of Social Security Works. "But his promise to 'terminate' FICA contributions if he is reelected is a full-on declaration of war against current and future Social Security beneficiaries."
"Social Security is the foundation of everyone's retirement security," Altman added. "At a time when pensions are vanishing and 401ks have proven inadequate, Trump's plan to eliminate Social Security's revenue stream would destroy the one source of retirement income that people can count on. Moreover, Social Security is often the only disability insurance and life insurance that working families have. If reelected, Trump plans to destroy those benefits as well."
As the Trump administration has foreshadowed this kind of move for months, economists on Friday warned again that any effort to undermine the payroll tax would do practically nothing to help struggling workers and families, but everything to sabotage two of the most popular and successful programs in the country.
"It's like borrowing money from the Social Security and Medicare trust funds to give to employers just to hold," Seth Hanlon, a tax expert and senior fellow at the left-leaning Center for American Progress, explained to Business Insider . "They're just gonna hold the withheld taxes because they'd have to pay it eventually."
So today, Trump
- cut unemployment by $200/week in the middle of the pandemic
- drained funding from Social Security and Medicaid
- created a tax bill you'll have to pay in several months
All for a photo op! #trumppresserhttps://t.co/pb9J1SRYPs
— Swing Left (@swingleft) August 8, 2020
As Common Dreams reported earlier this week, retirees and their advocates have vowed to fight any "attempt to gut" the program.
On Saturday, Altman called on every lawmaker in Congress to denounce what she called Trump's "unconstitutional raid on Social Security." In the upcoming election, she said, "voters should treat any Senator or Representative who is silent as complicit in destroying Social Security. Furthermore, every American who cares about Social Security's future must do everything they can to ensure that Trump does not get a second term."
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I am going to have to make an exception and believe Trump on this one thing this one time...
Screw him.
Two Times!
If you think the NRA has a powerful lobby - you ain't see nothing compared to AARP.
I can picture it now - Federal Security Forces tear gassing and shooting rubber bullets into crowds of white haired men and women advancing with their wheel chairs, walkers and canes.
What will Trump get hit with? Well, Depends...
Which is also what he wears under his suits!
It would be like the scene from Seinfeld where a whole bunch of pissed off old people are chasing George down the street in their motorized scooters.