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kentuck

(111,104 posts)
Sat Oct 6, 2012, 04:44 PM Oct 2012

Obama Campaign Does Debate Cleanup On Social Security Answer

<snip>
WASHINGTON -- The Obama campaign played a bit of debate cleanup on Friday night with a blog post clarifying that there are, indeed, differences between the president's and GOP presidential nominee Mitt Romney's approaches to Social Security.

The post on Obama's reelection campaign site comes on the heels of Wednesday night's debate, during which the president said he didn't think that he and Romney differed on reforming the entitlement program. It also follows comments from President Barack Obama's campaign senior adviser David Axelrod -- made the day after the debate -- expressing unawareness of Romney's position on Social Security (Axelrod went after vice presidential candidate Paul Ryan's plan instead).

<snip>
"The choice is clear: President Obama will never privatize Social Security or undermine retirement security for middle-class Americans," the post concludes. "The same cannot be said for Romney."

Maybe so, but there are complicating factors here. For one, Obama did agree to change the payment rate of benefits as part of a debt-ceiling deal that he and House Speaker John Boehner nearly pulled off in August 2011. And while his campaign insists that he won't "slash" benefits, progressive reform advocates recoil at such language, arguing that it paves the way for him to back "modest" cuts. During an MSNBC interview several weeks ago, those concerns were exacerbated after Axelrod declined to detail what type of reforms Obama would pursue if reelected -- something that the Romney campaign highlighted on Saturday morning.


http://www.huffingtonpost.com/2012/10/06/obama-social-security-debate_n_1945124.html

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Jackpine Radical

(45,274 posts)
2. Yeah, I figger we're in for a bloodletting either way.
Sat Oct 6, 2012, 05:10 PM
Oct 2012

But the Obama plan is to take it in somewhat smaller quantities.

Like so many other things on the national stage these days.

The government isn't doing enough to actually stave off the effects of climate change, but when we hit the wall we'll be going at a somewhat lower velocity with Obama than with Willard.

And the rich won't actually be taxed in proportion to what they suck out of the country, but they won't be getting away with quite as much under Obama's tax plan.

Corporate or Corporate Lite.

Take yer pick.

tularetom

(23,664 posts)
3. Didn't clarify much for me I still don't know Obama's plan for Social Security
Sat Oct 6, 2012, 05:13 PM
Oct 2012

I don't expect SS to go unscathed regardless of who wins this election. Both candidates have attempted to dance around the issue, but I believe if Romney wins there will be a hard push toward privatization. If Obama wins I think the damage will be limited to a raise in the eligibility age for full benefits and it may even be offset by an increase in or elimination of the salary cap for deductions.

Of course the only way to stop changes to SS is widespread popular outrage and you can bet that'll happen if anybody proposes any changes.

Fortunately for Obama, everybody in the world is so busy talking about his sleepwalking through the debate that they have forgotten that he said his position on SS was the same as Romney's. So it won't be hard to undo whatever damage that remark caused.

 

BlueStreak

(8,377 posts)
5. That whole article makes no sense to me. Why is this so hard?
Sat Oct 6, 2012, 06:11 PM
Oct 2012

We know that Romney and Ryan will agtressively go after Social Security. There is just too much money sitting there to not try to suck those funds out of goernmnet safekeeping and into the hands of privatized account on Wall Street.

Why doesn't he say that? If Romney really doesn't want to privatize, then let him go on record absolutely clearly to that end. And then it is fair game to question the trustworthiness of any such commitment from Romney.

As far as offering up his own plan, once again, this is just not complicated. All he has to say is that the fund is very solvent today, but to make sure it is solvent for 75 years, there are some minor tweaks we'll need to do, and these are very similar to the last batch of tweaks in 1993. We just need little adjustments and they can be phased in over decades. Indeed, the 1993 changes are STILL being phased in.

There is no reason to be timid about this. Say it out loud.

1) We should continue to adjust the age of benefits to track with life expectancy. That can be done in a way that is a minor impact on anyone. We can still allow early benefits at age 60, but adjust the date if you want the full monthly payout. We are talking about a few months difference for somebody nearing retirement and a year or so for people who are much younger. No big deal. Say it out loud.

2) Eliminate the cap on contributions -- or at least move it up to something like $250,000 of annual income. People making that kind of money can afford to pay their share. That is really very little to ask of people who have prospered so handsomely from teh American life.

Do those two things and Social Security is good to go for 75 years. You don't have to look at privatization or any other radical changes.

Say it out loud. People will be surprised at how simple it is. And force Romney to take a position on it.

Hydra

(14,459 posts)
6. There's a reason they won't come out and say it
Sat Oct 6, 2012, 06:33 PM
Oct 2012

Because to do so would be easy. They're going to put SSI on the chopping block, "for the greater good."

Oh, and the 1% will continue to get their tax breaks from the Bush era....cuz, you know, they're the Job Creators(TM)!

We've already seen it happen- John Boehner of all people blinked!

 

BlueStreak

(8,377 posts)
9. It is hard to draw any other conclusion. This is a killer issues.
Sun Oct 7, 2012, 10:13 AM
Oct 2012

Between Social Security and Medicare, they should be destroying Ryan and Romney. The fact that Obama/Biden are barely bringing it up leaves us to conclude that they are not really going to fight for these programs.

kentuck

(111,104 posts)
7. The only logical explanation I could see...
Sat Oct 6, 2012, 06:50 PM
Oct 2012

would be as a negotiation tool for the upcoming "fiscal cliff" debate. If the Democrats do not take anything off the table, including Social Security, it might pressure the Repubs not to take taxcuts off the table? Perhaps it's not so logical?

woo me with science

(32,139 posts)
8. That's not a cleanup. Those words are disturbing as hell.
Sat Oct 6, 2012, 07:04 PM
Oct 2012

Vague platitudes about not undermining retirement security, and a promise not to privatize Social Security? Really?

How much trouble are we in, when the only specific promise we can extract from the Democratic nominee for re-election re: Social Security is that he won't PRIVATIZE it? Who the hell expected a Democrat to PRIVATIZE Social Security in the first place?

Where are the promises not to cut or slow benefits?

Keep raising hell, people. This is not acceptable.
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