Bankrupt president

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Can’t imagine there are many readers here who don’t also read Josh Marshall, but nonetheless, read this post again, even if you’ve already seen it. The president claims that the Social Security Trust Fund, paid for by payroll taxes on ordinary workers, is nothing but a bunch of “mere IOU’s.” But on the president’s watch, the government has happily allowed workers to fork over payroll taxes that Bush himself claims will never be paid back. How much? $700 billion since 2001. That’s $700 billion worth of Social Security taxes that the president will take from everyone and then claim he never has to pay back, ever. So much for “personal responsibility,” no?

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IT'S NOT THAT WE'RE SCREWED WITHOUT TRUMP:

"It's that we're screwed with or without him if we can't show the public that what we do matters for the long term," writes Mother Jones CEO Monika Bauerlein as she kicks off our drive to raise $350,000 in donations from readers by July 17.

This is a big one for us. So, as we ask you to consider supporting our team's journalism, we thought we'd slow down and check in about where Mother Jones is and where we're going after the chaotic last several years. This comparatively slow moment is also an urgent one for Mother Jones: You can read more in "Slow News Is Good News," and if you're able to, please support our team's hard-hitting journalism and help us reach our big $350,000 goal with a donation today.

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