Once in a blue moon, the Partisan Hacks are correct: the truth about Social Security, as supplied by Michael Reagan. Some excerpts:
The late Sen. Carl Curtis, R-NE, elected to the U.S. House of Representatives in 1939, made a careful study of Social Security when it began making payments in 1940. As he told a friend of mine, he tried mightily to get the Roosevelt administration to stop calling the program an old-age insurance program and describe it for what it is: a tax on workers to pay benefits to those no longer working. Had they and his colleagues listened to him we wouldn’t be facing a fiscal catastrophe down the road.
When the government established Social Security, they didn’t plan for most Americans to live long enough to collect the benefits. In 1940, the life expectancy was 63.6 years and the age at which benefits were paid was and is 65. And if you did live that long, you probably wouldn’t have been around much longer to draw money from the system. In other words, they found a new way to collect money from you based on the fiction that that it was yours and you could start collecting it when you reach 65, which they figured most of you would not.
I personally don't agree with his partisan interpretation at the edges that the GOP is actually trying to "save" SS, but for the purpose of this that is irrelevant, look at the meat of the article. What is being done is to -- for alterior reasons, through no intention whatsoever to do the general public any favors -- get people to gradually replace for their purposes SS with the money they siphoned off of it. It's being pursued primarily because the Republicans are in control and measures like this piss off the Democrats, so they want to see what they can ram through, there is really nothing more to it.
Now, depending on how this is done, it could screw up the budget even more. Seeing as how Dubya is trying to do this without making any changes on benefits or how the program is funded, bet on that Could becoming a Will. For that reason, the Dems really desperately need to realize that something is going to be done and get involved, otherwise they'll be steamrolled. Not having a change is not an option.