Robert Reich on Social Security
Former Secretary of Labor; Democratic Challenger MA Governor
By pledging not to touch the Social Security surplus and by criticizing Bush for doing so, Democrats are putting themselves in a fiscal straitjacket that has nothing to do with the real issues facing the country. They’d be wise to open the lockbox and throw away the key.
The fiscal trap undermines the Democrats’ contention that Bush’s one-sided Social Security commission has painted a misleadingly bleak picture of Social Security’s future. If the Bush tax cut is as fiscally irresponsible as the Democrats say, then Social Security’s future is indeed bleak & they should commit to repealing the tax cut. The issue isn’t the “solvency” of the system but whether we participate together in providing that support or decide that individuals and families should be on their own. Privatization is the first cousin of social Darwinism. That’s what Democrats should be shouting about.
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