TAXATION INVESTMENT.PART 9

Social security makes americans pauper in their opulent backyard.I wrote in my essay',Changing faces of economic security',that it came at a greatcost.Wereverse backtotheperiod of greatdepression and theboomingwareconomy,therewasmassivesupportfor thepro-govt interventiontheory of MaynardKeynes.Consequentlytheemployment actof1946was passedtohelpbridge thegapbetween theoryandpractical reality andledthe presidenttoform councilofeconomic advisers.They assist governmentwith researchandeconomic forecast,charged with accomplishment of the goalofthe act.That is 'topromote maximum employment,production andpurchasing power'.Nevertheless the fraudulent intent and compromise of the billthatwasfirst introduced intoUS Senatein1945 later watereddown its straightforward originallanguagethrough debate and prejudiced in favour of maximum employment shortchanged full employment.American citizens lost theright of jobsecurity andjob protection fromtheir government and revenue diverted to make them beggars in their home soil.