Jobless Children Starve Elderly on Social Security

April 21, 2013

The Jobless Trap By 

PAUL KRUGMAN

We are indeed creating a permanent class of jobless Americans.

And let’s be clear: this is a policy decision. The main reason our economic recovery has been so weak is that, spooked by fear-mongering over debt, we’ve been doing exactly what basic macroeconomics says you shouldn’t do — cutting government spending in the face of a depressed economy.

It’s hard to overstate how self-destructive this policy is. Indeed, the shadow of long-term unemployment means that austerity policies are counterproductive even in purely fiscal terms. Workers, after all, are taxpayers too; if our debt obsession exiles millions of Americans from productive employment, it will cut into future revenues and raise future deficits.

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OK, and part of the problem is removing money from those on Social Security.  They spend their money – no saving for old age, they’re already there and, ideally, are ready to do the things they planned on doing when they got there.

But the GOP was happy to  borrow Social Security funds to pay for the murder of foreign nationals … now they want to cut  Social Security funds … do they plan to murder our elderly?   Or, try to starve them, or, with a Bush like privatization plan, bankrupt them and the Whole Nation?

The Most Harm To The Most People.

Klugman sees one aspect of it.

Why are you so blind?

Consider this: Jobless Children Starve Elderly on Social Security … because Social Security is a pay-as-you-go system, and a lack of workers will starve the system.