Stanpauley Wrote:
Jan 14, 2013 9:53 AM
A couple of years ago (cannot remember how many, 2 or 3?) the government reduced the social security contribution by 2% to help the economy. Big mistake! I guess someone thought that the additional money put into circulation would help reduce inflation. But, of course, there was no consideration given to the fact that the program was heading into financial problems. So, now all they are doing is reestablishing the original contribution to an underfunded program. How would you like it if your employer said 'times are tough and I am going to cut your pay 2% and when I can raise it back up' --- then does not raise it back up?