Serving proudly since 1873 as the beautiful Nebraska Panhandle's first newspaper

Contracts with government, are they binding?

Editor,

Contracts signed in the private sector are good as gold or result in lawsuits. Contracts with government are apparently not worth the paper they’re printed on. Case in point, Social Security.

Social Security was a contract between the government and Social Security enrollees and enforced by the government for workers, individual or employed. Our federal government took the funds paid into the Trust Fund and spent it on all sort of activities other than retirement benefits and replaced it with IOUs at an unrealistic interest rate determined by them with no input from the workers. Even the so-called Clinton surplus, which is now held up an example of fiscal responsibility by government would not be a true surplus or at least not as significant one had the Social Security money not counted income. Our all-wise Representatives, the Congress led by the current Administration, have now relegated Social Security into the category of entitlements thus no longer admitting that they have abrogated the Social Security contract in total. Those of us who were forced into this system and have paid into it for all these years have been disenfranchised to a large extent by government with the stroke of a pen.

Is it any wonder why government as it currently exists cannot be trusted? How have we lost our way and how can we remedy this maleficence of justice. Heaven only knows.

Carl Cornelius,

Sidney

 

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