President Agrees to Gut Social Security
I was on the DFA conference call with Senator Bernie Sanders.
He pointed out that the 2% tax holiday for Social Security that the President tells us is his idea is actually part of the Republican plan to defund Social Security. (In the software business we used to tell customers, “That’s not a bug, that’s a feature.” Having been on the that side of that argument long before he thought it up, I am not going to fall for it from Obama.)
This $100 billion cut in funds going to Social Security will be used as the reason why benefits have to be cut. This temporary cut will be argued into permanency when the time comes because the Republicans will say that we should not raise taxes on working people. We know the Republicans don’t want anyone to contribute anything to Social Security.
What are President Obama’s real goals when he makes these deals with Republicans while cutting out the voices of the Democrats? All the time we thought he was working for us, but actually he was lulling us to sleep while he made deals with the Republicans.
The President’s deficit commission is going to recommend cutting the programs that did not lead to the deficit and rev up the programs that did. Then the President will tell us that it is not his fault, but his handpicked members of the commission are recommending it.
Senator Sanders promised to fight this tax cut give-away (there is no compromise) with everything he has. If he has to filibuster, then he will. He thinks he can even peel off a few Republican votes to vote against the capitulation to the wealthy few (if only because they don’t want to give tax cuts to the middle class.).