Rangel - WRONG: Rangel: Bush 'Impeachable' for Social Security 'Fraud'
This is absolutely Rangel at his worst.
The top Dem said that Bush's suggestion for social security reform is an "Impeachable offense"!
Since when is a suggestion and plan impeachable? At least he has a plan Mr. Rangel. What is your plan? I vaguely remember you thought SS needed reform when Clinton was President? But I see no plan, only lies that now it is suddenly not in need of repair. Could it be because congress is not part of the SS System? What a shock. See how fast SS Reform happens if we lump congress into the system.
His plan may not be perfect, but it is a plan and gives people a choice. No one will force anyone to use the new benefits if they want to stay in the old plan. So how is this "a fraud"?
Even worse, Rangel is playing the race card. This new plan is racist according to Rangel. Hmm... Let's help the minorities AND whites get more money for retirement OR keep the minorities on the welfare roles by keeping them down and not changing anything. Mr. Rangel, how about we spend some money on helping them get off welfare instead of just giving them money without help of improving their lives... I know, we can't have that happening now can we, you may lose some votes.
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posted by John @ 1:22 PM
1 comments
1 Comments:
Whether welfare "keeps minorities down" is another debate.
The reason why this is a fraud is that Bush greatly exaggerated the problem to advance his plan. Why couldn't he state the real numbers to illustrate the problem with Social Security? It is a typical Republican fear tactic.
Look at this article from factcheck.org:
President Bush and Vice President Cheney have told audiences that Social Security faces an $11 trillion shortfall if nothing is done to fix the current system. But they fail to mention that this is over the course of the “infinite future." Over the next 75 years -- still practically a lifetime -- the shortfall is projected to be $3.7 trillion.
The "infinite" projection is one that the American Academy of Actuaries says is likely to mislead the public into thinking the system "is in far worse financial condition than is actually indicated," and therefore should not be used to explain the long-term outlook.
Full article at http://www.factcheck.org/article302.html
Meanwhile, there IS actually a real plan (nonpartisan) out there that would address the social security problem.
Check out https://www.brookings.edu/comm/policybriefs/pb126.htm
On the subject of Fear, I highly recommend the book "The Culture of Fear: Why Americans Are Afraid of the Wrong Things" by Barry Glassner.
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