Bush Plan Puts Retirees On Financially Shaky Ground

I wanted to pass this along.  Today my local paper, the Rochester Democrat and Chronicle printed an op-ed I wrote on President Bush's Social Security privatization scheme.  Please let me know what you think.

-LMS

Bush plan puts retirees on financially shaky ground

By Rep. Louise Slaughter

It has been said that the best measure of a society is the way that it treats its most vulnerable members. In today's America, many of our most vulnerable citizens are our seniors.

Today's seniors, and those of the future, face the challenge of avoiding the poverty and debasement that characterized the final years of many men and women of generations past, before our fellow New Yorker Franklin D. Roosevelt made his sacred pact with Americans.

Seventy years ago, Roosevelt promised that all Americans who worked hard and paid their taxes would retire with a decent, secure pension. The program he created assured that no senior would be left homeless, hungry or without a source of income.

To finish reading the article check it out online by CLICKING HERE.



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Why haven't you been on any cable shows? (none / 0)

I was just complaining this morning that the Democrats haven't had anyone with half a brain who was capable of defending Social Security on any of the talking bonehead shows. Where have you been hiding?

This is exactly the message that the Democratic party need to get out in front of the American people. Here are two recent diaries I have done on Social Security:

Social Security Smackdown Du Jour

and more importantly

Social Security is Solvent Forever.

The most important point that is not getting discussed is that the entire debate has been centered around Projection I of the trustee's report instead of Projection II (scroll down to Figure II.D7.--Long-Range OASDI Trust Fund Ratios Under Alternative Assumptions)

Projection I as illustrated by Figure II.D7 has been the most historically accurate projection because of the very conservative estimates the Social Security actuaries use for economic growth. That is why There is no crisis.

I hope you have also read Dean Baker's book, The Phony Crisis. Instead of having Peter Orszag out on the talk circuit (I heard him on NPR a couple of nights ago) we should have Dean Baker out front on this issue. He published his book in 1999, so there is no way that he can be accused of reacting to Bush's stealth plan to destroy Social Security.

The entire debate should be limited to the range in between Peter Orszag and Dean Baker instead of the range between Peter Orszag and the CATO institute.

Keep fighting the good fight and I look forward to seeing you on the talking bonehead shows. Let us know, because I stopped watching them last year. The only news shows I regularly watch are The News Hour and Lou Dobbs. Lou Dobbs would be the best show to go on. He is willing to discuss the more serious problem of the unfunded liability of Medicare and the more serious problem of Bush's budget deficit and our balooning current account deficit.

Social Security is an ideological distraction from our very real and very immediate economic problems. I hope you don't let the DLC blow this one. I have been very critical of them and I hope they will make me look like a humongous fool for my criticism. I am very concerned that they have not been outspoken and firm that there is no Social Security "crisis" and we should be focusing on real problems instead of distractions. We can "save" Social Security after Bush and his free market utopians are safely out of office.

I would also like you to consider asking any of the talking boneheads How can you possibly be that stupid? when they ask an incredibly stupid question. It would also work well for just about anything that any Republican says or asks about Social Security.

One more thing. Please read Boadicea's diary Republicans Can Not Be Trusted.

Any my short summary comment:

This would seem to be common knowledge, but for some reason is not the conventional wisdom: Republicans can not be trusted with our money, our health or our Constitution and they lie to the press.

If we sent Democrats to speech therapy classes, do you think they could learn to repeat that simple sentence?

Thanks for being part of the dialogue and I look forward to your future participation and contribution to a rational national dialogue instead of the pathetic excuse for debate that the media sock puppets put on the screen.

by Gary Boatwright on Thu Mar 31, 2005 at 01:06:58 PM EST

And another thing (none / 0)

Why aren't Democrats just crushing Bush and the Republicans for being the most reckless big spenders in the history of western civilization? Maybe they haven't set the record yet, but give them a couple more years and see how far back into history they have to reach to disprove that accusation.

Check out what I just put up in another diary since my last post. When anybody mentions the unfunded liability of Social Security, you point to the National Debt chart that you always carry with you and demonstrate that President Clinton was the most successful deficit cutter in history. If they try to give Newt and the GOPers credit, ask them who signed the legislation that made it happen. Asked them who sent budget plans to capitol hill in the 90's.

Then ask them to name a single thing Bush has actually done to cut the deficit or even a single thing he has proposed to cut the deficit that has not been rejected by his own party. We cut our deficit because President Clinton was serious about cutting our deficit. You can make them look like the fools that they are on fiscal responsibility.

Never, ever, ever say fiscal conservatism. That is what they call an oxymoron and if anybody disagrees, feel free to say "How can you possibly be such a moron?" Show them the facts and do not retreat.

It's time to stop our big spending, big government President in his tracks. If Bush and the Republican party can't control their big spending corrupt corporate pork barrel spending, then the Democratic party has a civic duty and fiscal responsibility to shut down Congress.

Sorry Sam Donaldson. Sorry David Broder. We did everything we could to stop their reckless big spending corporate pork barrel spending and there was just no other way. We have a responsibility to our children to stop President Bush and our big spending corrupt Republican Congress.

by Gary Boatwright on Thu Mar 31, 2005 at 01:50:41 PM EST

And another 'nother thing (none / 0)

Have you ever noticed that when President Clinton was in charge, the Republicans blamed everything on Democrats and "libruls"? Even though they controlled the House and were a very close second in the Senate?

Now that President Bush and a Republican Congress are in power, they still blame Democrats and Clinton and even Carter for their problems and their mistakes?

What's up with that? And why haven't Democrats started calling them on it? It's time for Bush and his corrupt Republican Congress to stop blaming Democrats and Hollywood and Spongebob Squarepants and Buster Rabbit and video games and the tooth fairy for all of the problems that they are responsible for.

And it's way past time for Democrats to start saying it loud and proud and clear. It's time for Democrats to step up to the plate and say we are Proud to be Democrats.

It's time to say that President Bush is A coward and a liar for the things he has said about Social Security and his failure to accept responsibility and his failure to put his stealth "plan" down in writing so we could have a legitimate discussion.

It's time for Harry Reid to start acting like The Baddest Man in D.C. and it's time to start showing the American people that the Democratic party is the party of Bad Ass Democrats when it comes to defending the American people from corruption and greed and a fiscal train wreck known as President George W. Bush.

by Gary Boatwright on Thu Mar 31, 2005 at 02:18:47 PM EST


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