One of the most valuable lessons I learned in the Army was to “make a decision.”
Social Security is not an entitlement program. It is insurance that working Americans invest 6.2 percent of their paychecks into and look to collect on when they become eligible. More importantly, since it is “self-funded” it does not contribute to the federal deficit.
Scott Burns, guest columnist of the Daily Herald in Texas writes, “It benefits 1 out of 6 Americans, 2 out of 3 seniors and their poverty rate would be 44 percent instead of 9 percent without it. It is an extremely efficient program with administrative cost of less than $1.50 per $100 distributed to recipients. It is reliable. Even during the dark financial days of 2008, when Americans lost as much as 40 percent of their savings and investments, Social Security checks were faithfully delivered. Let us not forget dependent children, aging parents and ailing family members whose lives are at risk and who benefit from the fund.
Our elected representatives owe us concrete actions now toward solutions for the solvency of our Social Security fund. Take a stand — make a decision!
Never miss a local story.
Charles M. Williams