Is Ron Paul A Hypocrite For Taking Social Security?Submitted by MarcMadness on Thu, 06/21/2012 - 16:21
There was much ballyhoo yesterday when Ron Paul, towards the end of what was largely an excellent interview on MSNBC’s “Morning Joe”, admitted that he takes a Social Security check every month despite the fact that he feels the program is unconstitutional. The question was asked The Huffington Post political reporter Sam Stein, a guest panelist on the show. Stein quickly ran over to his Mac Mini and published a short piece entitled “Ron Paul Admits He’s On Social Security, Even Though He Believes It’s Unconstitutional”. The horror! The implication, of course, is that Ron Paul is a hypocrite, wagging his finger at government spending with one hand while gladly taking a check from that very same government with the other.
On the surface, this certainly may appear to be hypocritical. But this idea portrays both a misunderstanding of Paul’s position on Social Security as well as the Social Security program itself.
There is a big myth out there that, since Ron Paul finds programs such as Social Security, Medicare, and Medicaid unconstitutional, that his plan is to slash those programs entirely and throw everyone relying on those programs out on the street. The truth couldn’t be more opposite. While Paul is opposed to Social Security and other government programs not specifically allowed by the Constitution, his “Plan to Restore America” includes no cuts to Social Security or Medicare whatsoever. In fact, Paul’s plan is the only one that cuts enough from other areas in order to ensure that those programs are solvent. While opposed to the programs, he understands that people paid into them their whole lives and now rely on them at an age where many would have no other source of income if suddenly cut off from them. Instead, Paul calls for massive cuts to overseas military spending and government departments whose primary function is to hand out taxpayer money to corporations.
The fact is, Social Security is a Ponzi scheme by definition in that it is a “fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investors”. Social Security has long been bankrupt, as the government spent Social Security money over the years and replaced the “funds” that were supposed to be saved for retirees with government bonds. How does it buy back those bonds in order to pay current retirees? By using tax revenue generated by current workers. The fact is that Ron Paul is the only Presidential candidate (yes, he is still a candidate) with a plan to balance the budget in three years, all while not cutting a dime from people who currently rely on the program. One would think Ron Paul would be a hero to those that champion these programs.