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Reply #54: The baby boomer generation will have no effect on the [View All]

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sabrina 1 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-31-10 08:41 PM
Response to Reply #42
54. The baby boomer generation will have no effect on the
Edited on Sat Jul-31-10 08:45 PM by sabrina 1
SS fund. Another rightwing lie that Obama is perpetuating. A lie that has somehow gotten into the consciousness of even progressives.

And that quote is also wrong. It is a further example of how Obama has been moving towards the lies told by the right for decades.

The baby boomer problem was solved in the eighties. OBama needs to get some real economists, not privatizers, to inform him on the facts about SS. He is grossly misinformed. Either that or he agrees NOW, that SS should be privatized, and if he does and tries to do it, he will be a one term president.

And he DID blame the Deficit on SS. I don't have time to find it now, but I will. In fact it needs to be an OP so we know what we are up against.

More in benefits will not be paid out than are coming in. And the trust fund is in U.S. bonds, over 2 trillion, owed to the SS fund and must be paid. SS is good for several decades even if we do nothing about it. Iow, it is NOT an emergency. How come we did not believe Bush's lies about this, but are all too willing to believe the same lies when a Democrat tells them?

You are falling for the privatizers argument to get their hands on the Social Funds, a wet dream even Bush was unable to accomplish for them. And if , Democrats do it, that will be the end of this party.,

As every respected economist has said, it was one the biggest mistakes of this administration to put people like Alan Simpson, Pete Peterson and Erskine Bowles and Ryan on this commission and to allow them anywhere near the SS fund. It has NOTHING to do with the deficit. And despite your apparently being unaware of it, Obama certainly has said that it does.

What is making people very nervous is 'WHY' did he appoint so many enemies of SS to a Commission on the Deficit. In fact why did he go back on his word and form a Commission at all?

Waiting until after the election won't work, HE needs to remove Simpson, Peterson, Ryan and Bowles from that Commission. Better yet, disband it or keep SS out of the discussion as it has nothing to do with the deficit. As Krugman said, it is already so discredited, it should be disbanded. What was he thinking?
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