The Looting of Social Security: How the Government is Draining America's Retirement Account
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About this item
Every cent generated by the 1983 Social Security tax increasemoney ostensibly earmarked and saved for the retirement of the baby-boom generationis gone, spent by our government. But most Americans are ignorant of the crime. The emptying of the Social Security Trust Fund is the greatest fraud ever perpetrated on the American public, and acclaimed author and economist Allen W. Smith reveals how George W. Bush and Congress are pulling it off. While George W. Bush has repeatedly condemned "corporate wrongdoers," he is guilty of fiscal mismanagement and outright deception that makes Enron and WorldCom pale in comparison. Smith explains the history of Social Security from its inception in 1935 to the present, including the enactment of the 1983 Social Security tax increase. Then, step by appalling step, he details how the government's promise to the American peoplea pledge to never spend the Social Security fundswas broken by every succeeding administration. Sadly, The Looting of Social Security quite simply reveals how George W. Bush has stolen more than 3 trillion of Social Security money to fund tax cuts for wealthy Americans while robbing many of their hard earned money and their rights.
ASIN: 0786712813
VSKU: DBV.0786712813.G
Condition: Good
Author/Artist:Smith, Allen W.
Binding: Paperback
Note: Any images shown are stock photographs and product may differ from what is shown.
Condition Notes: Gently used with minimal wear on the corners and cover. A few pages may contain light highlighting or writing, but the text remains fully legible. Dust jacket may be missing, and supplemental materials like CDs or codes may not be included. May be ex-library with library markings. Ships promptly!
ASIN: 0786712813
VSKU: DBV.0786712813.G
Condition: Good
Author/Artist:Smith, Allen W.
Binding: Paperback
Note: Any images shown are stock photographs and product may differ from what is shown.
Condition Notes: Gently used with minimal wear on the corners and cover. A few pages may contain light highlighting or writing, but the text remains fully legible. Dust jacket may be missing, and supplemental materials like CDs or codes may not be included. May be ex-library with library markings. Ships promptly!
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