And, I'll respond with reality.
So will Ronald Reagan, who also, to put it politely, sets Obama straight, or to put it bluntly, calls him a liar:
Obama's already caving on how COLAs will be calculated for Social Security. And he's also caving on the
And, we're nowhere near a "deal" or Jan. 1, 2013 yet.
What's next?
Raising the retirement age?
Raising the Medicare eligibility age?
And what of substance is the GOP giving back?
Have we heard anything about raising rates on capital gains? Closing top-end loopholes?
No and no.
Simpson and Bowles will probably get invited to a White House press conference about the Catfood Commission's stamp of approval before that happens. Stand by for Dear Leader to continue compromising away the compromise.
Krugman says he's not sure on the deal parameters so far, and, he's not mentioning what else could be in the mix before we're done. Ezra Klein says it is indeed possible it will include Medicare age hikes.
So, I will actually be in the reality-based community.
Where the Obama-based community will be, I don't know.
Beyond a backstabber, he's a liar, if Social Security is being put in the mix in order to cut the deficit. Because we all know that FICA taxes have nothing to do with the deficit. Period. End of story.
Therefore, Obama acting as though they do? He's a liar. Sorry ... no other word for it. He's not claiming it's to help Social Security's solvency. Rather, it's part of a deficit/debt deal in the general budget, therefore he's a liar.
Will Harry Reid stand by his pledge last month to reject any "deal" that includes Social Security, or will he become a liar, too? Stay tuned. His most recent verbiage have him at least halfway firm, but, White House pressure to do any deal before Christmas will probably get hot and heavy.
For a realistic idea about what to do to try to stop this, go here.
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