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Is Obama About to Sell Us Out Social Security? [View All]

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ProudDad Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-16-10 12:07 PM
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Is Obama About to Sell Us Out Social Security?
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Edited on Thu Dec-16-10 12:08 PM by ProudDad
"Obama has signaled that he might include Social Security cuts as part of a grand deficit-reduction deal. If that occurs, expect civil war among the Democrats."

"If you think the Democratic base is mad at Obama now for making a craven deal with Republicans that continues tax breaks for the richest Americans and adds new ones for their heirs through a big cut in the estate tax, just wait a few weeks until Obama caves on Social Security.

"How will this occur? The deficit commission appointed by the President has called for an increase in the retirement age, as well as other cuts in benefits over time. And the deal that Obama made with the Republicans just gave deficit hawks new ammunition by increasing the projected deficit by nearly $900 billion over a decade. Social Security will be in the cross-hairs."

Too late...!!!

http://www.alternet.org/economy/149166/is_obama_about_to_sell_us_out_social_security_the_political_fallout_would_be_devastating
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