Showing posts with label social security. Show all posts
Showing posts with label social security. Show all posts

Friday, January 14, 2011

Is Krugman Wrong?

In this article, Paul Krugman says that Republicans don't want social security and medicare anymore. Is this right?

One side of American politics considers the modern welfare state — a private-enterprise economy, but one in which society’s winners are taxed to pay for a social safety net — morally superior to the capitalism red in tooth and claw we had before the New Deal. It’s only right, this side believes, for the affluent to help the less fortunate.

The other side believes that people have a right to keep what they earn, and that taxing them to support others, no matter how needy, amounts to theft. That’s what lies behind the modern right’s fondness for violent rhetoric: many activists on the right really do see taxes and regulation as tyrannical impositions on their liberty.

There’s no middle ground between these views. One side saw health reform, with its subsidized extension of coverage to the uninsured, as fulfilling a moral imperative: wealthy nations, it believed, have an obligation to provide all their citizens with essential care. The other side saw the same reform as a moral outrage, an assault on the right of Americans to spend their money as they choose.

This deep divide in American political morality — for that’s what it amounts to — is a relatively recent development. Commentators who pine for the days of civility and bipartisanship are, whether they realize it or not, pining for the days when the Republican Party accepted the legitimacy of the welfare state, and was even willing to contemplate expanding it. As many analysts have noted, the Obama health reform — whose passage was met with vandalism and death threats against members of Congress — was modeled on Republican plans from the 1990s.

A Tea Party takeover of the Republican Party has made these decades-old agreements (SS, Medicare, Unemployment Insurance, etc.) into arguments again. They want to roll it back to pre-1930. Just listen to the books Glenn Beck recommends. Heck, his whole show last night was about Freud's nephew and advertising to control people's minds. But I digress.
The question remains... do Republicans still support Social Security/Medicare, etc? Do they just not want to fully fund it? Do they want it, but don't want to pay taxes for it? WHAT is the deal?

Tuesday, November 23, 2010

Republicans to Cut Spending. Or not.

It's a big fake-out. They're not going to touch spending on Defense, and they probably won't even try to fix Medicare and Social Security. Unless the Republicans are ready to "man up" and get behind 95% of the Simpson/Bowles plan, they can just save it with the "we'll cut spending" thing. It reminds me of the ol' Dick Cheney adage, "Deficits Don't Matter". Just show us where you want to cut... we're all ready to deal with the big problem. Here's the "leadership" on the issue:

"Speaking to a crowd at the annual convention of the Federalist Society, an influential organization of conservative and libertarian lawyers, McConnell is among friends. They are happy to hear him declare, "Americans want less government, less spending and less debt."

Then the senator tells them what his party is going to do to bring the runaway federal budget under control. "We will vote to freeze and cut discretionary spending," he vows.

What is important is not so much what is said but what is omitted. The four biggest items in the federal budget are Social Security, Medicare, Medicaid, and defense. And those programs escape any mention from McConnell.

They make up about 60 percent of the federal budget. Domestic discretionary outlays, by contrast, account for only about 16 percent. If Republicans focus entirely on those, they will be sending a clear and quite believable message: We're not serious."

Saturday, October 02, 2010

Social Security Works, Stops Poverty

Since the 1960's, Social Security has worked to help end poverty for our senior citizens. The graph speaks for itself:






















Or maybe you prefer this one: