Sunday, February 27, 2005

Republicans Are Chastened About Social Security Plan

The New York Times 2/27/05
…The story was much the same throughout the country, as Republicans - some already skittish over Mr. Bush's plan - spent the week trying to assuage nervous constituents. Instead of building support for Mr. Bush's proposal to allow younger workers to divert payroll taxes into private retirement accounts, some of the events turned into fractious gripe sessions and others did not go nearly as well as their hosts had hoped.

Those listening sessions also forced Republicans to confront another reality: opposition to the spending cuts outlined in Mr. Bush's 2006 budget. The $2.57 trillion budget will dominate the Congressional agenda for the next three weeks. But instead of fighting Democrats, Republicans - many of whom campaigned on slashing spending and cutting the federal deficit - are at odds with themselves over which programs to cut and which to spare….

…The story was much the same throughout the country, as Republicans - some already skittish over Mr. Bush's plan - spent the week trying to assuage nervous constituents. Instead of building support for Mr. Bush's proposal to allow younger workers to divert payroll taxes into private retirement accounts, some of the events turned into fractious gripe sessions and others did not go nearly as well as their hosts had hoped.

Those listening sessions also forced Republicans to confront another reality: opposition to the spending cuts outlined in Mr. Bush's 2006 budget. The $2.57 trillion budget will dominate the Congressional agenda for the next three weeks. But instead of fighting Democrats, Republicans - many of whom campaigned on slashing spending and cutting the federal deficit - are at odds with themselves over which programs to cut and which to spare….



So. The president bush’s Social Security so-called “reform plan” seems to be heading off the road, as it should. What is also encouraging, according to this article, is that his plan to divide the generations on this question appears to be failing.

I think many Americans acknowledge that Social Security could use some adjustment. What the president bush and his allies are proposing is akin to bringing your car in because you have a slow leak in one of your tires, and then allowing the mechanic to rebuild the engine, do some body work, and not look at the tire. And what’s even worse, said mechanic is an inept workman, such as our beloved president bush, and so you drive out in worse shape than you drove in. And you’re broke down a few miles out of town, and out of money.

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