Word: ares
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Dates: during 1980-1989
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(Note: Yale didn't have to really accept you for this ploy to work. Yalies are so paranoid they'll believe anything.)
The FICA tax is unfair not only to workers, but to their employers as well. Every business must match the FICA contributions of the workers on their payrolls, whether or not it makes a profit. So when profits are down, the incentive is all the greater to lay off workers...
And entrepeneurs who own their own businesses are hit twice. They have to pay FICA taxes on the salary they pay themselves, and then match their own contribution.
We can expect the rate to increase further. Today, the ratio of people receiving benefits to workers paying for them is one to 3.3. By the time Social Security begins dipping into its imaginary trust fund in 2030, the ratio will be one to two. If benefits are not limited...
But we spend so much on rich senior citizens that we neglect far more pressing needs in society. Children, for instance, are six times as likely to be poor than the elderly. We should be giving poor children a fighting chance instead of subsidizing the Carribean cruises of greedy geezers...