Category Archives: social security

Big Lies in Politics – Thomas Sowell – [page]

Big Lies in Politics – Thomas Sowell – [page].

What Really Happened to Social Security

Franklin Roosevelt, a Democrat, introduced the Social Security (FICA) Program. He promised: 1.) That participation in the Program would be completely voluntary, 2.) That the participants would only have to pay 1% of the first $1,400 of their annual incomes into the Program, 3.) That the money the participants elected to put into the Program […]