Tag Archives: Obama

President Obama Re-elected!

Many of us are extremely happy that the election is over and we can finally return to a sense of normalcy this morning.  With the re-election of President Obama there seems to be a consensus from the right-wing folks who think that the President’s re-election is due to Americans voting for him because we depend on social programs that are “hand-outs.” To that I say workers have paid $5 trillion into the Social Security system above what has been spent in the last 75 years. The money goes into the Treasury, and the Treasury gives the SSA (Social Security Administration) treasury bonds. So, in essence, $5 trillion of the national debt is owed to the SSA, which means that it is owed to us, the American workers who have paid and are continually paying into the system for all our working lives. Getting your own money back is not a handout.

The same goes for SNAP (food stamps), disaster relief, unemployment, and so forth. That’s not to say that there are some people out there who don’t abuse the system, but that’s like saying one crooked cop makes all cops crooked. Most of us pay our taxes into the Treasury in the belief that if things go bad for us, and we need help, that help will be there for us, and if we don’t need that help our fellow citizens will. Getting the money back that we paid in is no more a “hand-out” than having your insurance company pay to repair your car is a “hand-out.”

What are your thoughts?

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