The Spark

“The emancipation of the working class will only be achieved by the working class itself.” — Karl Marx

Social Security under Attack

Jul 19, 2010

Lying that the current level of Social Security spending is leading to deficits, leaders of both the Democratic and Republican parties have been floating trial balloons about raising the age for full social security retirement to 70 and otherwise cutting Social Security.

A poll in July by Time Magazine found 86% in the U.S. oppose Social Security reductions. Knowing the public sentiment, a propaganda campaign is being waged to ready the population for cuts.

Similar attacks on Social Security are happening in France – as seen in a related article – and around the world. The global financial meltdown was resolved through handing tremendous sums of money from public treasuries over to the financial system – increasing government budget deficits everywhere. Now the capitalists are trying to make the working population of the world pay the price for this financial bailout through cuts to Social Security and all social programs.