To the Editor:
Robert Samuelson of the Washington Post is dead wrong. Social Security is not welfare. It is a public investment in a retirement account that is not subject to the whims, speculations, miscalculations, market declines, profit margins, bonuses, and criminal activity of the same financial class which created our current economic collapse and stagnation. Apparently not just content with sitting on their billions in profits and offshore accounts after receiving taxpayer bailout money, apparently in hopes of undermining a Democratic presidency, the financial industry wants to further tap in on the American worker’s paycheck. The chutzpah of these people is endless.
RP