Sunday, June 7, 2015

Social Security Over Payments - Another Big Government Failure

It was reported that the Social Security Administration paid out about $17 billion, over ten years in Disability Benefits, that were not owed.  Supposedly about $8 Billion were recovered, if that story is true.  Yet, as usual no one has been FIRED.  There are today 15 million Americans collecting Disability Benefits, many fraudulently.   So about $142 Billion a year goes out to pay these people for Disability claims.   Problem is that in 2016 the Disability Trust Fund will not be able to pay more than 80% of benefits owed because the fund is currently paying out more than it is taking in by Employee contributions.   But this is the same story related to Social Security that is headed toward insolvency, since 78 million Baby Boomers are turning 65 at a rate of 10,000 a day for the next 20 years.   Aside from the government failure that this Social Security Administration mismanagement represents, these Entitlement Programs are not sustainable; yet Pinocchio Obama and RINOS and Socialists at all levels of State and Federal government keep adding more Entitlements. 

The 50% of us that pay all the income taxes in our country and most of the other taxes and fees that are levied simply cannot carry the weight of this nation solely on our backs.  If all the wealth in the country were confiscated, something Socialists and RINOS would love to do, it would not be enough to pay for all of the unfunded liabilities that exist for Welfare, Food Stamps, Social Security, Medicare, Disability Benefits, Expanded Medicaid, ObamaCare and local, state and federal government employee pensions.   Believe me, RINOS and Socialists that continue to bleed the Makers in society dry through higher taxes are pushing our states and country toward bankruptcy and fiscal collapse.  The day of reckoning is coming.  It is only a matter of time. 

We just saw this close up in Nevada, as RINO/Socialist Governor Brian Sandoval (BS for short) pushed the RINO controlled state legislature to enact a $1.5 Billion job killer tax increase, the largest in Nevada history to fund more Socialist Big Government Schemes that continue to fail all over the country.  Sandoval is implementing about a 20% increase in year over year spending, which is unprecedented.  This is the same Governor that brought ObamaCare into Nevada, with a failed State Exchange and accepted Obama's expanded Medicaid that will bankrupt our state.   Sandoval claims to be a Republican; but to call him a RINO is even too generous.   Sandoval is a Pro-Choice Socialist, plain and simple, no different than Senator Dirty Harry Reid of Nevada, which is why this Blogger keeps encouraging BS to  come out of the closet and declare himself a Democrat/Socialist.  Clearly, Reid and Sandoval are both Big Government, tax and spend, left wing Socialists.  It is what it is. 

Daily we see government failure and mismanagement of tax payer hard earned money, including in Nevada where this Blogger lives.  As a result, this Blogger does not support tax increases of any kind to support Bigger, Bloated, Incompetent, Intrusive Government when proposed by Socialists or  RINOS.   We need to see the waste, fraud, abuse, redundancies and failures in government end before any tax increase for anything can be justified.  We also need to see government employees paid in keeping with what is common in the private sector, rather than earning 40% more in total compensation and benefits than the taxpayers paying their salaries.  Government is broken.  Giving more money to government is crazy and just feeds the beast that is killing hard working tax payers and destroying the Middle Class in America.   

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