Posted by
Always To The Right on Tuesday, October 30, 2007 6:21:21 PM
From opinionjournal.com, Obama and his answer to the Social Security problem.
It seems the Democrat answer to everything is "to ask the highest income Americans to
contribute a little more" [there is no "contribute" to Social Security you HAVE to pay]
or "tax the rich."
Obama Clears the Table
Back in May, we noted
http://www.opinionjournal.com/best/?id=110010078#trite that Barack
Obama had told George Stephanopoulos that when it comes to Social
Security, "everything should be on the table." Stephanopoulos asked if that
included privatization, and Obama said no, come to think of it, not
everything should be on the table.
Now Obama, in a statement
http://www.barackobama.com/2007/10/27/obama_leadership_means_levelin.php
from his campaign, is taking more options off the table:
*** QUOTE ***
Obama said he would strengthen Social Security by opposing any effort
to create private accounts, raise the retirement age and cut benefits.
He said the "best option" is to ask America's wealthiest workers to pay
their fair share and force Congress to stop irresponsibly borrowing
from the Social Security trust fund.
"There are a number of ways we can make Social Security solvent that do
not involve forcing seniors to bear a heavier burden," Obama said.
"The best option, in my view, is to ask the highest income Americans to
contribute a little more by raising the ceiling that's currently put on
the amount of earnings subject to the Social Security tax."
*** END QUOTE ***
Obama's table is now so clear that the only thing left on it is a big
tax increase on the most productive Americans--one that would, by the
way, make Social Security more like a welfare program, since presumably
those hit with the tax hike would not get commensurate increases in
benefits.
As we said back then, in your heart you know he's trite.