This weekend’s Townhall column underscores the real cost of the payroll tax hike, part of the “fiscal cliff” deal: The erosion of Social Security’s “safety net” feature. It ain’t a safety net when it precludes your own savings.
Go to Townhall and read the column, and come back here for a few links, for further thought.
Well, much of the background has been covered in past Common Sense episodes. But, when it comes to Social Security, there has been an almost concerted attempt by government folks to shield people from the truth about nearly every aspect of the program. Take the “employer’s contribution” to “your Social Security”: