Probably the grievance that impacts the largest number of Americans is the topic of retirement checks issued by the Social Security Administration. There are some 50 million people now receiving retirement checks from the SSA. Each gets an adjustment on their amount each year based on the Consumer Price Index (CPI).
And here is the fraud: the CPI is currently reported as 2%; but according to its formula as of 1970, the CPI stands at 10%. This represents quite a lot of cheating on the part of the SSA.
If we were to correct for this fraud, how should it be done? Current options are, raise taxes, cut government expenses, or reduce retirement checks. Notably absent from this list is an investigation and recovery of $9-$11 Trillions that went missing from DoD, HUD and SSA.
This solution will favorably impact some 130 million Americans: 50 million private retirees, 60 million who work in the private sector (lower taxes) and probably another 20 million who are looking for work (greater job opportunities). (Complete article)