entitlements

The favorite defense of Social Security by progressives harkens back to Franklin Roosevelt who famously said:

”I guess you’re right on the economics. They are politics all the way through. more »

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Bob Woodward's releasing a new book, so we are now seeing articles based on it. more »

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Who else thinks the President's speech didn't include any plans to create more »

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You hear over and over that Social Security is "in trouble" or that we "can't afford it." This is as far from true as can be, and the idea behind this is to convince people to just give up on defending the program and let the haters have their way. The people who hate Social Security the most are the ones who say they want to make these changes to "save" it. more »

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On most issues Lawrence O'Donnell is on the side of the angels. But O'Donnell, who held senior staff positions on Capitol Hill during the 1990's, is one of many Democrats and liberals who think the way to fix today's problems is by recycling yesterday's solutions - even when those solutions didn't even fix yesterday's problems. Nostalgia for the great compromises of the 90's is going to sink the Democratic Party, not help it. More importantly, it will lead to the wrong policy decisions.

Nowhere is this more evident than in the current deficit debate. When O'Donnell accepted Esquire's challenge to create his own "deficit commission," he was already reinforcing the mistaken idea that deficits are the nation's number one concern. I hosted The Young Turks broadcast (America's #1 online news show, I'm told!) for three days this week. The clip below shows O'Donnell's last comments on the deficit debate, along with our comments.

The short version of our reaction? Lawrence, we love ya, but you're completely wrong on this one. And this is exactly the kind of thinking that will drive us over a cliff if we stick with it:

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Ah.... my fellow Americans, be very, very, afraid of the terrible Social Security crisis that will sink us as a nation. According to Government projections, we won't be able to pay full Social Security benefits, in 2037 and beyond, unless we cut benefits now, because the Social Security “Trust Fund” will be short of money. more »

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Today's new York Times has a front-page story (really an editorial) that promotes cutting the Social Security pensions of Americans and other things that we as citizens are entitled to. more »

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