Young Turks: Obama Wants Entitlement Cuts?

[CherylK]

Run time: 04:47 https://www.youtube.com/watch?v=uzE3IX9sVm4   Posted on YouTube: July 12, 2011 By YouTube Member: TheYoungTurks Views on YouTube: 302   Posted on DU: July 12, 2011 By DU Member: CherylK Views on DU: 754

 
Richard Eskow of Campaign For America's Future explains President Obama's grand bargain which includes cuts to social security, medicare and medicaid.

The Largest Online News Show in the World.

Google+: http://www.gplus.to/TheYoungTurks

Facebook: http://www.facebook.com/tytnation

[BEZERKO]

1. Ok,

Number one, the discussion isn't about cutting the deficit and/or the debt. The real argument is who's going to pay for it, and right now we're losing.

Number two, guys, we've got to stop calling these entitlements. It's not a neutral word. They should be called earnings. It's our money, we paid into it, and now they want to take that money and use it to pay the bills. It could be argued that taking that money and using it to pay down the debt is stealing.

[JDPriestly]

2. Well said. Yes. The rich are stealing the

savings of the poor to pay for their own tax cuts.

If they don't want to take their Social Security because they don't believe in Social Security, let each of them, individually, sign their Social Security checks over to the Federal government.

I need my Social Security. If they don't, fine. But why should they, who have so much, begrudge me the money I saved.

Social Security is, after all, an insurance system, and benefits are nothing more than money we earned by paying premiums during our working lives.