The Republicans came after your Medicare and now they want your Social Security too. The only way to insure that you won’t lose either is to vote Democratic in all future elections. Republican’s used to be much more subtle about how they want to throw seniors into the private market to go head to head with health insurers and Wall Street, but lately the new leaders of the GOP apparently have no idea what they are getting into. When the Bush Administration flirted with it in 2005, they learned very quickly that it was a bad idea. But the new GOP feels so empowered that they think they can just come right out in the open with their stupid ideas. As a Democrat, I want to thank them. Here are some details from Steve Benen at The Washington Monthly…
Alas, that’s not the case. A few days ago, Rep. Pete Sessions of Texas, a member of the House Republican leadership, unveiled the “Savings Account For Every American Act,” which would allow Americans to withdraw from the Social Security system and opt into a privatized system.
Of course, with Social Security functioning as a pay-as-you-go program, if workers “opt out” of the system, Social Security would either (a) crumble with insufficient funds; or (b) need Congress to spend more money to make up the difference. How would Sessions address this? By all appearances, he hasn’t thought that far ahead.
I guess we Democrats should be encouraged by the Republican’s lack of political savvy, but their propaganda machine is pretty effective and they will have some success with their brain-dead, Rush Limbaugh/Fox News programmed followers. But those people will never vote Democratic anyway, so the real audience for this is the moderates, who will clearly be able to make the connection between the risks of privatizing and their future security. It’s one of those ideas that is rather easy to counter, from The Hill, courtesy of Steve Benen...
Democratic Congressional Campaign Committee Chairman Steve Israel (D-N.Y.) on Tuesday predicted that House Republican plans to let workers opt out of Social Security would fail as voters realize how it will threaten their retirement.
“Seniors who have paid into Social Security through a lifetime of hard work shouldn’t end up in a risky privatization scheme to gamble their retirement on Wall Street,” Israel said. “The public has rejected this kind of Social Security privatization in the past and will again.”
Israel accused Republicans of looking to resolve the government’s fiscal crisis by scaling back Medicare and Social Security, while ignoring higher corporate taxes.
I don’t see any adults in the leadership of the Republican Party so I anticipate even more boneheaded moves in the next year and a half leading up to the next election. I don’t even think the complicate media can help spin them out of some these messes they’ve created. It will take a lot of distractions to keep people from seeing what is going on and the difference between the 2010 race and 2012 is that President Obama is in this race, with his bully pulpit, his 75% personal popularity and his unmatched ability to deliver a message in a clear and concise way. The only thing the Republicans have in their arsenal is their appeal to racists. And with the president at 75% personal approval, their clearly aren’t enough racists to put them over the top. It should be a fun ride to November 6, 2012.