Well, I don’t know that it should be a shock to anyone that Obama intends to “reform” Social Security – and by that, I mean gut it. Either through benefit cuts or partial privatization, Obama will do the bankers’ bidding:
In Conclusion, I submit to you that after this long litany of Obama’s own words and actions, there can no longer any doubt that Candidate Obama’s soothing words were a ruse, but that President Obama is relentlessly pushing forward what he said all along he would do: create a commission to examine changes in Social Security, and then enact them. It is not on process but on substance that Candidate Obama lied. Oh, sure, payroll tax increases might “also” be considered — tax increases that surely he will ‘push forward’ with all of the vigor he ‘pushed forward’ critical elements of Health Care Reform.
No real Democrat is “agnostic” about Social Security. As Obama himself solemnly swore, “On issues as fundamental as how to protect Social Security, a candidate for president” does indeed “owe it to the American people to tell us where they stand,” and on the ultimate substance of his stand Candidate Obama lied. So nobody should be surprised if millions of democratic voters become “agnostic” about the re-election of faux “democrats” who do what no Republican has been able to do — to wantonly gut the program which Candidate Obama rightly called “the cornerstone of the social compact in this country.”
(New Deal sent me some updates which I attempted to get inserted correctly. But I’ll just put this in as his alternative conclusion)
That controversy erupted here as well, prompting me to write a diary explainingThe Truth about Social Security, in which I pointed out that Social Security is not in “crisis”, and is not a “real problem,” manageable or not, needs no “fix,” nor any intermeddling “Commission.” As stated by the official projections by the Social Security trustees at that time, the program will be solvent without so much as lifting a little finger for decades to come. At worst, even after the “Great Recession”, the problem is several decades away and is hardly an urgent priority. Even then, the core retirement program is not the issue; rather the deficits come from other programs such as Social Security disability.
Two final notes:
(1) Remember how Candidate Obama constantly proclaimed that an increase in the ceiling for payment of payroll taxes was the only change that Social Security needed? I searched and searched for any statement by President Barack Obama that that was still his position. After December 2008 there are no such statements to be found anywhere.
(2) Even if Obama’s assumptions are correct and his plan restores “solvency” to Social Security, the GOP will not cease their campaign to destroy it. They will loot it again the next time they are in power. And Barack Obama will have set the precedent for the “solution” of further benefit cuts.
Can we admit yet that Barack Obama is a DINO?