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RNC talking point:...... But Clinton supported privatization of Soc Sec

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yankeedem Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-08-05 04:06 PM
Original message
RNC talking point:...... But Clinton supported privatization of Soc Sec
I've been hearing this one all week.

I had a wingnut hit me with this talking point. Since this wingnut was not worth wasting facts on, I just said "So you're saying that Clinton was right and his plan was a good one?" He found something else to do real quick.

The difference between Clinton's plans and the Cons? Clinton's plan would have invested some of the SS surplus in equities, along with the standard investment in Treasuries.

Clinton's plan wouldn't have cost $10 trillion (that's the real number, folks) in transition costs.

Clinton's plan wouldn't have resulted in benefit cuts to those who "opt out" or fail to make good investments.

Clinton's plan wouldn't have diverted funds to Wall Street.

Clinton's plan would have spent some of the surplus (remember the surplus) to shore up Social Security.

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Sandpiper Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-08-05 04:08 PM
Response to Original message
1. Clinton was also running a budget surplus
And hadn't bankrupted the treasury with unneccessary wars and tax cuts.
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LSparkle Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-08-05 04:10 PM
Response to Original message
2. Oh, it's "blame Big Dog" again
I am so sick of the Repugs CONSTANTLY blaming BC or bringing up his "support" of certain programs to innoculate themselves. The world has changed DRASTICALLY since Clinton endorsed anything along the lines of *'s proposal -- no more surplus, corporate scandals, war expenses ... It's ludicrous to try and say what MIGHT have been attractive 5-6 years ago would still be supported today.
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On the Road Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-08-05 04:17 PM
Response to Original message
3. Absolute Complete Bullshit
The Social Security trust fund holds government bonds. Clinton explored changing that to a mix of bonds and stocks.

It had NOTHING to do with private accounts or diverting money from the system. Unless I missed something.
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UdoKier Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-08-05 04:17 PM
Response to Original message
4. Clinton supported a lot of right-wing policies including the IWR.
Just because a very conservative, albeit charismatic and brilliant democrat supports something doesn't mean liberals who believe in a very different philosophy should have to line up behind him.
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Stirk Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-08-05 04:20 PM
Response to Original message
5. Since when did the right start idolizing Clinton?
I never understand this argument.

"Well, Clinton did it!"

"But you despised Clinton."

"Damn right!"

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Cleita Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-08-05 04:20 PM
Response to Original message
6. I thought he supported a limited amount of privitazation in
addition to, not instead of Social Security, which is what the Republicans are pushing for.
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d_b Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-08-05 04:37 PM
Response to Original message
7. Well shit.
If that's the case, let 'em have it.
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madfloridian Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-08-05 05:01 PM
Response to Original message
8. They were going to use the surplus. Now there is no surplus.
We are in deficit. They were going to do them in addition to, supposedly.

I happen to even disagree on that, but it are not feasible now in a defict.
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