• Chris

    Dec 11, 2012 - 10:51:50 AM

    I kept wondering why Social Security and Medicare are dead square in the gunsights, and it finally dawned on me. It's the 6.2% companies have to pay above and beyond salaries (that is, while we have 6.2% deducted from our paychecks for Social Security, companies have an additional 6.2% of all salaries combined deducted from their earnings and put into Social Security. Likewise another 1.45% of all salaries deducted for Medicare. When you're talking huge salaries for upper management and thousands of employees... well, they obviously don't want to pay this anymore (you do the math). So this battle to start reducing Soc. Sec. and Medicare is just the beginning of the war to eliminate both of them completely. So much for the "Great Society." It's all about "gimme, gimme, gimme" now -- from everyone, top to bottom. No more concern for the overall welfare of the nation and its people. They won't go over the fiscal cliff because that would involve cuts to defense contractors... but they don't want to give in on Social Security or Medicare, because that's money out of their pocket.