Reagan and social security heist
WebDec 31, 2014 · Ronald Reagan & The Great Social Security Heist: How Reagan Gave Birth to the Looting of Social Security Item Preview remove-circle Share or Embed This Item. Share to Twitter. Share to Facebook. Share to Reddit. Share to … WebFeb 22, 2024 · REAGAN: The social security system was based on a false premise, with regard to how fast the number of workers would increase and how fast the number of retirees would increase. It is actuarially out of balance, and this first became evident about 16 years ago, and some of us were voicing warnings then. Now, it is trillions of dollars out …
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 WebApr 12, 2024 · 43 *1990 theft at the Isabella Stewart Gardner Museum, e.g. : ART HEIST The Isabella Stewart Gardner Museum in Boston, Massachusetts, was the site of a notorious art theft in 1990. The theft involved two men who dressed as police officers and stole 13 pieces of art from the museum, including works by Rembrandt, Vermeer, and Degas.
WebDec 22, 2024 · The great social security heist began with Reagan. Have you ever noticed when you trace the origins of many of the problems we face, it starts in the 1980s. It was Reagan who increased the SS surplus and instead of investing it, he raided it. The presidents that followed did the same thing. In one of the cruelest acts in our history, in my ... 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 ...
WebAug 16, 2024 · On Aug. 13, 1981, President Reagan signed the Omnibus Budget Reconciliation Act into law. It unleashed a quarter-century of American prosperity, which made it possible to restore price stability ... 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, …
WebRonald Reagan & The Great Social Security Heist: How Reagan Gave Birth to the Looting of Social Security by Allen W. Smith Ph.D. (2013-12-02) on Amazon.com. *FREE* shipping on qualifying offers. Ronald Reagan & The Great Social Security Heist: How Reagan Gave Birth to the Looting of Social Security by Allen W. Smith Ph.D. (2013-12-02)
WebJul 5, 1999 · Ronald Reagan and the great social security heist of 1983 Ronald Reagan was one of the most popular presidents in modern history. As a former Hollywood actor, he … smart lock touch \u0026 wi-fiWebDec 31, 2014 · Ronald Reagan & The Great Social Security Heist: How Reagan Gave Birth to the Looting of Social Security Item Preview remove-circle Share or Embed This Item. … hillsong guest speakersWebJan 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 … smart lock with handlesetWebJul 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 … smart lock with apple watchWebFeb 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 … smart lock with key backupWebJul 21, 2024 · The author says that the Social Security amendments passed under Reagan's presidency laid the foundation for 30 years of embezzlement of the trust funds. 6:39 PM · … smart lock with doorbellWebBut 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 … hillsong health centre