Just don’t let your guard down for a minute

Via Corrente:

Here’s my own “partial” transcript of Orszag’s words:

“To get a significant debt limit increase, I think there’s going to have to be some entitlement reform, as part of that.

If I were in the Administration, I think the single best thing to do (cut/reform) at this point, is Social Security.

And the reason is several fold. First, that it, ah, from the Democrats’ perspective, private accounts are definitely “off the table” for now. But that will not always be the case. So you might as well strike while you’ve got a win on that.”

Quite a ‘telling’ few minutes, isn’t it.

First, we learn that some Democratic policymakers/advisors would actually consider eviscerating Social Security as a trade off for something as mundane as a debt limit increase, which for years was never a negotiating tool.

And then he admits that he believes that Democrats will go along with private accounts—but just sometime in the future.

4 Responses to Just don’t let your guard down for a minute

  1. polyblog November 7, 2012 at 3:00 pm #

    Susie, I think “so called Democrats” should be a permanent category. Not that I think “Democrat” is a particularly honorable or distinguished category in itself, but at least it purports believe in some Democratic “principles.”

    Or maybe it should just be “Wall Street they want your money and they want it now.”

  2. Suzan November 7, 2012 at 4:07 pm #

    And they tout this guy as a brilliant thinker.

    Our guys.

    Knifing us in the back to beat their competitors at the only game left in town now that tax increases for the truly wealthy are “off the table.”

    And the middle class races to vote for them!

  3. mjames November 7, 2012 at 6:30 pm #

    Oy vez.

  4. imhotep November 7, 2012 at 7:11 pm #

    Orszag, is a paid mouthpiece for guys like Google CEO Larry Page (net worth $20.3 billion) who is a plutocratic jackass. It’s good that Obama was reelcted because now we can wreck the entire corrupt system with a clear conscience.

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