02 May 2005

Atrios: Sucker's Game

Let me just second what Sam Rosenfeld is saying - the Democrats really should hope to "do nothing" about Social Security right now, though they could benefit from explaining exactly why.


The only thing "to do" about Social Security is to improve its long run solvency. The only reasonable way to improve its long run solvency is to pre-fund the Trust Fund. But, we have a president running around claiming the trust fund is just a file cabinet, and a bunch of Republicans in Congress who agree. So, throwing more money into the "file cabinet" is just a way to throw more money at tax cuts for the rich. That is, in fact, what the president has told us.

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