It’s really funny, how much crap I took over at C&L for saying we’d be sold out on Social Security. They seemed to think that as long as Obama didn’t talk about it in the SOTU, it wouldn’t happen:
Meanwhile, AARP has quietly dropped their blanket opposition to Social Security cuts. The reason? They figure they’re inevitable. “The ship was sailing,” John Rother, AARP’s policy chief, told the Wall Street Journal. “I wanted to be at the wheel when that happens.” That makes it much likelier that Social Security will see reform later this year. But perhaps more importantly, it shows that the major players in Washington are entering dealmaking mode. And that’s usually a pretty good predictor that some deals are about to be made.
Remember, this is nothing more than our elected representatives saying austerity should come out of our hides, and not their wealthy friends.
Roger Hickey has more.