Reply #2: Social Security debate misses obvious solution

[dzika]

March 26, 2005

Social Security debate misses obvious solution

The Bush propaganda machine is in panic mode. Its shrill minions bleat ever louder in an effort to drum up support for its war on Social Security. The most outrageous effort I have read to date has to be "Our crisis in waiting" by Jay Ambrose (March 7). The Kennebec Journal should be ashamed for running such blatant rubbish.

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The idea that our government would ever default on redeeming these, while paying off treasury bonds owned by, say, Saudi Arabia, is a dangerous falsehood. What's next? Are our savings bonds worthless too?

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As Republicans ratchet up their attempts to privatize and then destroy Social Security, there are several ploys to guard against, in addition to Ambrose's attempt to steal the trust fund. The most egregious is a drastic cut in benefits, disguised as a mere change in accounting methods (earnings vs. inflation). Future retirees could see their benefits cut by nearly 50 percent, compared to those promised under current law.

Also floated is an increase in the retirement age. Fifty years of work is not enough.

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Resist the lies. Keep our most successful government program intact for future generations.

Don't allow Republicans to destroy Social Security.

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