General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsDoes Obama want to push granny off a cliff?
April 9, 2013, 8:10 a.m. EDT
PORT WASHINGTON, N.Y. (MarketWatch) Along with the Republicans and the Federal Reserve, you may be able to add President Obama to the list of those who dont give a hoot about seniors.
In his new budget, the president appears to be heading in the same direction. He wants to reduce Social Security benefits at a time when, if anything, seniors need an increase.
His idea of cutting these benefits is a sop to the Republicans. The chief executive evidently hopes that they will accept another round of tax increases in order to lower Washingtons budget deficit going forward.
This gambit is misguided, unfair and may also be illegal. It makes it seem that the president either doesnt know or doesnt care about the needs of our senior citizens.
These people who think Social Security is fair game overlook the following:
(1) Social Security is self-funded;
(2) It is currently running a surplus;
(3) It not contributing one red cent to the governments budget deficit;
(4) Thus it does not need to be reformed;
(5) Most important, recipients are entitled by law to receive these benefits.
More: http://www.marketwatch.com/story/does-obama-want-to-push-granny-off-a-cliff-2013-04-09?siteid=yhoof2
JoePhilly
(27,787 posts)Katashi_itto
(10,175 posts)I am very disilluisoned in the president.
Actually, with CPI, I just have finally, wholly thrown in the towel.
I am just working on getting out of the country. Nothing will get fixed here.
woo me with science
(32,139 posts)that's a real yuk-fest.
If people didn't understand the moral implications of ceding our party to the Third Way before....if they didn't grasp the depth of the lack of compassion of corporatism as a political guiding force....they sure got a faceful of it this week.
Talk about ugly.
woo me with science
(32,139 posts)This is the economy in which we are being lectured that SS needs to be cut:
http://www.democraticunderground.com/10022019860
Obama's Promises on Social Security: His OWN WORDS
http://www.democraticunderground.com/10022031544
Why is Social Security Under Attack from Obama, when it ADDS NOTHING to the deficit???
http://www.democraticunderground.com/10022065493
*************************************************
http://www.democraticunderground.com/10022381690
Guess what? Chained CPI is the bright idea of Third Way, the (Corporate) Dem "policy shop."
http://www.democraticunderground.com/10022021626
wall street pulls the strings: social security under attack in february
http://www.democraticunderground.com/10022155427
Two-thirds of Americans are against touching Social Security
http://www.democraticunderground.com/10022050249
Robert Reich "we should be cutting military spending & Corporate welfare"
http://www.democraticunderground.com/10022045904
***************************************************
http://www.democraticunderground.com/10022384139
The Untouchables: How the Obama administration protected Wall Street from prosecutions
http://www.democraticunderground.com/10022246632
Corporate Profits Have Grown By 171 Percent Under Anti-Business Obama
http://www.democraticunderground.com/1014372334
Obama Orders Pay Raise For Congress
http://www.democraticunderground.com/10022095402
"Struggling to make ends meet" on $174K a year?? Really Nancy???
http://www.democraticunderground.com/10022392954
Incomes Flat in Recovery, but Not for the 1%
http://www.democraticunderground.com/1014400736
U.S. corporate profits stronger than ever, workers' wages fallen to lowest-ever share of GDP (CNN)
http://www.democraticunderground.com/10021922334
Obama to use pension funds of ordinary Americans to pay for bank mortgage settlements
http://www.democraticunderground.com/1002205218
Wall Street Soars with Wealth as Wages Stagnate, Jobs Remain in a Slump
http://www.democraticunderground.com/12526154
"Recovery" in US is lifting corporate profits, but not adding jobs
http://www.democraticunderground.com/1014414149
U.S. Income Inequality Now Worse Than Many Latin American Countries
http://www.democraticunderground.com/10022268073
****************************************************
Ranks of working poor increasing
http://www.democraticunderground.com/10022200197
Inequality Rages as Dwindling Wages Lock Millions in Poverty
http://www.democraticunderground.com/10022198286
The Middle Class In America Is Being Wiped Out Here Are 60 Facts That Prove It
http://www.democraticunderground.com/10022144851
Child poverty rates increase unabated
http://www.democraticunderground.com/10022268450
40 Percent of Americans Now Make Less than 1968 Minimum Wage
http://www.democraticunderground.com/111631016
US poverty on track to reach 46-year high; suburbs, underemployed workers, children hit hard
http://www.democraticunderground.com/1002998131
The Economy is "Recovering" By Creating More Low-Wage Jobs... Increasingly Filled By Graduates
http://www.democraticunderground.com/10022602162
What Recovery? Across America, People in Distressed Cities and Small Towns Face Economic Catastrophe
http://www.democraticunderground.com/10022545596
Real wages decline; literally no one notices
http://www.democraticunderground.com/11172387
Wages for bottom 90% declined 1.2% during 2009-2011 recovery, top 1% income grew 8.2%
http://www.democraticunderground.com/10022271466
Three Minimum Wage Jobs Needed To Afford Two-Bedroom Apartment
http://www.democraticunderground.com/10022578738
Wages have fallen to a record low as a share of Americas gross domestic product.
http://www.democraticunderground.com/10022183930
Inequality Rages as Dwindling Wages Lock Millions in Poverty
http://www.democraticunderground.com/10022198286
Poverty, hunger among retirees increasing
http://www.democraticunderground.com/1002748342
sarcasmo
(23,968 posts)woo me with science
(32,139 posts)The people in this country are strongly against cutting SS benefits, even across party lines.
This is an extreme corporatist position, like most of his administration's positions.
*This* is the economy in which we are being lectured by corporatists that already meager Social Security benefits need to be attacked...even though Social Security adds not one red cent to the deficit: http://www.democraticunderground.com/10022640683#post2
We have seen unprecedented viciousness and ugliness on DU over the past week as the reliable corporate mouthpieces desperately try to shift the conversation to anything else - racism, guns, "hissy fits,"...anything - to divert from this outrageous, indefensible assault on Americans...Americans who have already been looted through legislation into impoverishment while the fat bankers and CEO's are rolling in record profits.
If anyone doubted the level of compassion of the Third Way before, we saw it this week when the mask came off and they ceased even to pretend. America is taking note: *This* is what happens to the heart and soul and compassion of our country when the corporatists get their way: http://www.democraticunderground.com/10022632517
forestpath
(3,102 posts)woo me with science
(32,139 posts)Pretending that this is a "balanced" approach is about the most Orwellian bullshit we have heard yet from corporate politicians.