In which lambert apologizes, again, for being prematurely correct
How Obama lost my trust on Social Security
This issue was been framed by many as Obama calling Social Security in "crisis." It was Atrios who blew the whistle on Obama on this point, and his argument, developed over several posts, was more subtle. His point was that Obama had put Social Security "in play" -- after the "angry left" with a great deal of toil, had succeeded in getting our craven Democratic leadership to take it out of play -- and that when Social Security is in play, it's in play by Beltway (Village) rules -- and everyone in the Beltway who is "serious" believes that privatization is on the table. So, Atrios sums up, Obama undid a lot of hard work by a lot of good people. And for why?
So far as I can tell, there was no reason whatever for Obama to put Social Security in play, except to score some meaningless points against Hillary in Iowa. I've seen the YouTube, and it's breathtaking in its "audacity": One sentence he's saying Hillary doesn't have a plan to deal with the "problem," and in the very next sentence he's saying he doesn't want to make it a political football. Dude, you just MADE my dignity in old age a political football, and all to pick up a tenth of a point in Iowa.
New York Times, 2009-01-08:
Obama Says He Will Seek Overhaul of Retiree Spending
President-elect Barack Obama said Wednesday that overhauling Social Security and Medicare would be “a central part” of his administration’s efforts to contain federal spending, signaling for the first time that he would wade into the thorny politics of entitlement programs.
Speaking at a news conference in Washington, he provided no details of his approach to rein in Social Security and Medicare, which are projected to consume a growing share of government spending as the baby boom generation ages into retirement over the next two decades. But he said he would have more to say about the issue when he unveiled a budget next month.
So, Social Security is "in play" again. I wonder how our tribunes of the people will react this time around. Josh? Lord Eschaton? Are you ready to enter the lists once again?
NOTE Having already stolen two trillion for Hank Paulson's golfing buddies, it's only natural that the Village would try to loot Social Security. It's the only big pot of money left.