My life goals have never included making a lot of money… and I’ve certainly succeeded in that regard.
Yet, I do consider myself rich. Not like the Wall Street “richie-rich,” but in the modest sense of middle-class well-being – basically, enough to make ends meet. It’s not my good looks that puts me in this lucky zone, but one particular public asset that has long been serving the common good for decades, lifting millions of workaday Americans to some decent level of shared prosperity: Social Security.
Plutocratic elites and their political puppets constantly wail that it’s a socialist scam, a wasteful giveaway to old people. But regular folks know that’s hokum, since nearly all of us pay into the plan every month of our working lives. In short, it’s our money!
Moreover, each of our Social Security accounts steadily build up. So, consider this: The most valuable financial asset for 9 out of 10 American families, is not their houses or Aunt Tillie’s will – but their Social Security holdings. Even for rock-solid, middle-class families, Social Security provides for about a third of their total lifetime wealth.
This is Jim Hightower saying… When right-wingers screech that “fiscal prudence” demands they slash the program’s benefits, that’s bank-robber code for looting wealth you’ve banked for years in this People’s retirement system. Plus, there is absolutely no excuse for such thievery, since an honest, fair, and simple adjustment would keep the program fully funded in perpetuity: Rather than letting gabillionaires like Elon Musk put practically none of their massive incomes into this egalitarian effort to provide a decent retirement for all, make them pay Social Security taxes exactly like regular workers do.
