Why Won't Obama Talk More Words About Slashing Social Security And Medicare?
For some reason, the president has not yet used the loaded term “entitlements,” while proposing that Medicare and Social Security be “reformed,” which is to say made less generous. It’s just very odd that in his speeches about making the middle class more prosperous, the president has not once suggested trying maybe slashing two of the most successful middle class welfare programs in the country’s history. Say this for the Washington Post editorial board: Search the text of any given week of editorials for the word “entitlements,” and you will definitely always find it.
[ Salon ]
Ah OK. They ignore the employer contribution entirely, then, and also make no adjustment for the interest the fund earns since Ronnie required it to buy T-bonds.
Also no mention of the difference in life expectancy between people earning half the cap vs. people earning at or above the cap. That difference is significant.
while my hangover sincerely appreciates the brevity, my hangover is easily confused by inside baseball.