Wednesday, September 28, 2011

Politics as ususal

Notice how all the Republicans are calling Social Security an entitlement now?  Let me give you a short history lesson of how Social Security grew within the Fed.  Back in 1982, the Republicans were looking for a way to fund Social Security without having to pay back what they had pilfered from the fund.  Phill Gramm, a Democrat turned Republican, came up with the bright idea of rolling Civil Service Retirement funds into Social Security.  Never mind that CSRS was working and not costing the taxpayer.  Never mind that this was just wrong.  Well, the upshot of this was that management and employees alike worked to prevent this.  We lost.  Those already in CSRS would remain there.  Those hired after 1982 would be under Social Security.  This introduced many thousands of new potential Social Security recipients.  But the Republicans were only looking at the short term, as they are now.  The CSRS fund was also the go to fund when Congress needed money to keep the government going.  That fund is almost depleted so they are looking to create new funds to bankroll them.  Check out what they are going to do the military.  It is disgusting.  

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