Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

If Lawmakers Cut Social Security, and Nobody Is There to Hear It…Virtual secrecy

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
1776Forever Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-12-10 05:07 PM
Original message
If Lawmakers Cut Social Security, and Nobody Is There to Hear It…Virtual secrecy
If Lawmakers Cut Social Security, and Nobody Is There to Hear It…
By: David Dayen Saturday July 10, 2010

http://news.firedoglake.com/2010/07/10/if-lawmakers-cut-social-security-and-nobody-is-there-to-hear-it/

........The Cat Food Commission has operated in virtual secrecy for a couple months; no consumer of major media has been told. The co-chair of the program unleashed a string of lies and misinformation about the program; that shocking display didn’t pierce the media bubble. Now the annual report which is habitually used to determine the state of the program has just vanished, and nobody in the media cares?

To the extent that there’s any coverage at all, it starts from the perspective of Peterson and the deficit hawks, who have had their knives out for Social Security for decades. They allow lazy statements about longer lifespans (that’s not really true for people that reach the age of 65) or percentages of workers relative to the retired (the “there used to be 16 workers for every retiree” talking point is cherry-picked from the year that the program expanded in 1950 to cover more workers) to dominate the discussion. It assumes that the only avenues for long-term actuarial balance are retirement age increases or benefit cuts, when this chart from the Congressional Budget Office clearly shows that the easiest way to ensure stability for the program is to lift the payroll tax cap, which you can do and increase benefits at the low end besides (which you should do, given the lack of adequacy of program benefits and the collapse of defined-benefit pension plans).

The battle to protect and preserve America’s most successful government program is occurring in an information vacuum. Will anyone in the media actually figure out what’s happening before it’s over?

(More at link)
......................

Check this out - Georgie boy may get his way after all!

:wow: :spank: :wow:
Printer Friendly | Permalink |  | Top
laughingliberal Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-12-10 05:10 PM
Response to Original message
1. We really need to make noise about this & make it a campaign issue.
Every candidate should be gotten on the record on this issue.
Printer Friendly | Permalink |  | Top
 
fascisthunter Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-12-10 05:12 PM
Response to Original message
2. by doing so, they threaten the well being of millions of Americans
disgusting
Printer Friendly | Permalink |  | Top
 
jtuck004 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-12-10 05:20 PM
Response to Original message
3. There is plenty of support to fight this
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Sun May 05th 2024, 12:34 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC