I am posting this article primarily because it is written by a popular American leftist who, I hope unknowingly, further promotes misunderstanding about the huge deception of Social Security and Medicare programs. He is describing these programs as advertised, not the way they actually function. Secondarily, his article otherwise does offer a good perspective on our national "unbalanced" budget in the sense that it is heavily burdened by military spending, not for self-defense, but used to threaten and invade, or send drones over, other countries and kill their people.
The following sentence perpetrates the huge deception:
Social Security is not part of the tax take or the federal budget, as it is all paid from the Social Security Trust Fund, which in turn has been financed by the dedicated payroll tax paid by working people and employers.To counter this misinformation, I advise you to read this posting of Michael Hudson's article and my commentary which contains additional links to other accurate sources.
