Republican Economics as Social Darwinism
By Robert Reich
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In the late 19th century it was called Social Darwinism. Only the fittest should survive, and any effort to save the less fit will undermine the moral fiber of society.
Republicans have wanted to destroy Social Security since it was invented in 1935 by my predecessor as labor secretary, the great Frances Perkins. Remember George W. Bush's proposal to privatize it? Had America agreed with him, millions of retirees would have been impoverished in 2008 when the stock market imploded.
Of course Republicans don't talk openly about destroying Social Security, because it's so popular. The new Republican "pledge" promises only to put it on a "fiscally responsible footing." Translated: we'll privatize it.
Look, I used to be a trustee of the Social Security trust fund. Believe me when I tell you Social Security is basically okay. It may need a little fine tuning but I guarantee you'll receive your Social Security check by the time you retire even if that's forty years from now.
more:
http://www.opednews.com/articles/1/Republican-Economics-as-So-by-Robert-Reich-100926-29.htmlRobert Reich on the state of the economy, the Great Depression and his new book 'Aftershock'. And look at the statistical correlation he notes between 1927 and 2007. Video:
http://www.youtube.com/watch?v=hpSdKZm1D2A&feature=player_embedded