Apparently, Senate Democrats are so anxious to hold on to Social Security’s status quo that they were willing to post a rigged calculator on some 16 senate websites. See it here. The point is, you are supposed to enter your yearly salary, the year you were born, and it would calculate your promised SS benefit and compare it to what you would receive from a system with partial privatization. Of course, it shows how much more you would get from SS as it stands.
FactCheck.org researched the calculator, only to discover that the democrats misleadingly lowballed their estimate of how much private accounts would return. The Democrat Social Engineering Experiment Lie Enabler Security Calculator estimated only average returns of 3%, far below the stock market average over the last 100 years (6.8%). The CBO is where the spin artists democrats got the figure of 3%, which was used in one part of a “risk-adjusted” study. However, the CBO director, Douglas Holtz-Eakin, confirmed that they predict market returns of 6.8%.

This is just plain ridiculous. This wasn’t attacking the Pope, or anything about the Catholic Church. This man has differing views than Catholics, as do many denominations, and he was merely having an academic discussion on his talk show. The question of the Pope going to heaven was raised by a […]