There Is No Crisis (Social Security)

[ProSense]

There Is No Crisis

I imagine some readers who haven't been hanging around these parts for all that long might have justifiably been puzzled at the reaction to Obama's decision to try to make dealing with Social Security his signature attack on Clinton. It's true that Obama didn't assert that there was some huge crisis. But the fact remains that he put the idea out there that Social Security had a "problem" which needs to be fixed and that any serious presidential candidate needs to address the issue in clear detail.

So what's the big deal?

Beating back George Bush's plan to kill social security was probably the first major victory for the broadly defined netroots movement. I say that not really knowing if things would have been different if blogs and the like didn't exist, but it seemed like a victory. And while we never got together in a dark smoky room to plot our strategy, it basically ended up being a two-pronged one. The first was to beat back against the "social security crisis" frame much beloved by every very serious pundit in Washington. The second was to beat back against the idea that since George Bush had a "plan" (which he never actually did in any form until very near the end of the whole debate) the Democrats needed to have a "plan" of their own. The first part of this is a perpetual game of whack a mole, necessary on just about every day the Washington Post is still publishing. And the second was a very necessary emergency tourniquet which needed to be applied very quickly.

Beating back the steady stream of misinformation about the nonexistent crisis was done throughout the blogs, on Media Matters, etc. And trying to stop the Democrats from coming up with their own crackpot plan was done through a combination of bloggers trying to explain repeatedly that people like social security, they don't want to change it, opposing changing it is a political winner, and most importantly that once the minority party proposes their own plan they've guaranteed that something will happen. And that something would have been very bad. In addition, Josh Marshall especially kept an eager eye out for any wavering Democrat in Congress who decided that his/her awesome social security plan must be unveiled to the grateful public in order to beat them back with phone calls and whatever bad press could be created.

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So, anyway, having someone suggest that Social Security is a problem which needs to be dealt with by any serious candidate is like the bat signal for people like me. There is no problem with Social Security. None at all. Whatever broader fiscal time bombs exist have absolutely nothing to do with Social Security. Once you get Fred Hiatt and the gang opining about the need fix that Social Security problem, you've increased the likelihood of something very bad happening.

Looming Catastrophe as Campaign Opportunity

04/24/2007

Statement by Senator John Kerry on 2007 Trustee Report on Social Security and Medicare

WASHINGTON, DC - Today, Senator John Kerry (D-Mass.) Chair of the Finance Subcommittee on Social Security, Pension and Family Policy, made the following statement on the 2007 Trustee's Report on Social Security and Medicare.

Click here to find a link to the report. http://www.ssa.gov/OACT/TR/

The Trustee's projections show that the Social Security Fund will be exhausted in 2041 and the Medicare Trust Fund in 2019 - each one year later than the projections in last year's reports. Both reports prove the continued need for bipartisan moves in Congress to strengthen these vitally important programs in the long-term. The report also shows that Social Security remains sound for decades and proves there is no need to privatize Social Security.

"The Trustee's report is a crystal clear message that any moves to privatize social security wouldn't just hurt this program for our seniors, but are also completely unnecessary," Senator Kerry said. "The report shows that Medicare's long-term viability is an urgent priority, but doesn't justify the arbitrary cuts to the program designed by the previous Republican Congress. We must not make reckless cuts to the program, but instead combat skyrocketing costs throughout our health care system and make responsible investments in Medicare. I look forward to working with my colleagues to achieve broader prevention and disease management services that increase quality for patients and decrease costs over time.

"We will work in our new Democratic Congress in a bipartisan manner to strengthen Social Security and Medicare, invest in their long term strength, and fight any moves to privatize and endanger these compacts with seniors who have worked a lifetime," Kerry added. "Social Security and Medicare have for decades kept faith with our bedrock American values by protecting our seniors from falling into poverty and keeping retired Americans and their families healthy and secure."