Over 80% of Americans oppose cuts to our Social Security system — in fact, 71% want to expand Social Security. Yet President Obama seems committed to taking away Social Security and Medicare benefits, via the so-called “chained CPI” cuts and other proposals that Washington politicians call the “Grand Bargain.” Progressives have re-named it the Grand Betrayal.
This is not the time for austerity budgeting or proposals to hack away at our social safety net. Social Security, the only defined-benefit retirement plan most Americans have access to, pays less than minimum wage. We need economic recovery. The Republican Shutdown cost the economy $24 billion in lost productivity, which we can’t get back. The Tea-GOP has failed, and FreedomWorks chief Matt Kibbe said Friday that divisions on the right could cause the Republican Party to split in two.
UPDATE: Democrats have already conceded earned benefit cuts. Which is one of the reasons the Dems lost the 2010 election. RJ Eskow: What Are Democrats in the Senate Smoking? Caving into Right-Wingers to Cut Medicare Would Be Political Disaster
The viewpoint of a vast majority of Americans — including the vast majority of Republicans, and even of Tea Party members — has been marginalized inside the Beltway as that of “the left,” or even “the extreme left.” Politicians who defend these [earned benefit] programs will have to stand up to the talking heads and lobbyists who, despite all the evidence, continue to deny the truth: their anti-“entitlement” Beltway views stand well outside the mainstream of American public opinion.
That crowd, with its talk of “Baby Boomers busting the bank” and “Social Security gone bankrupt,” is the real political “fringe” in this debate. Unfortunately, this “fringe” has a lot of money behind it.
Yes, the astroturf for the oligarchs people invoke class warfare, hoping people don’t realize that means testing is a divide and conquer strategy. The reason everyone receives Social Security is because it is a program for everyone, everyone is a stakeholder. If it was just for the poor, like food stamps, the rich would try to cut it all the time.