http://www.huffingtonpost.com/robert-kuttner/zero-hour-for-social-security_b_806486.htmlRobert Kuttner
Co-founder and co-editor of The American Prospect
Posted: January 9, 2011 04:51 PM
Zero Hour for Social SecurityAs I have previously warned--and I hope I'm wrong--President Obama seems on the verge of needlessly cutting America's most valued social program and the one that best differentiates Republicans from Democrats. This is part of a vain effort to appease deficit hawks in his own party and on Wall Street, as well as Republicans who are utter hypocrites when it comes to deficits--increasing them as long as the purpose is tax cuts but then turning around and demanding program cuts in order to reduce the deficits they
http://www.huffingtonpost.com/robert-kuttner/social-security-the-comin_b_795582.html">created. All the choreography is in place for the president to embrace Social Security cuts in his upcoming State of the Union address.
snip
It's politically idiotic for democrats to join this parade. To have Republicans demand cuts in Social Security at a time when they are also demanding tax cuts for the rich is a cue for Democrats to make clear which side they're on. Obama got in big trouble with seniors in the health care bill because they were worried that it would mean Medicare cuts. In 2010, Democrats lost the senior vote, big time. Now, Obama has a splendid opportunity to point out that it's Republicans who want to cut Social Security.
But look at this exchange from CNN Friday evening. Wolf Blitzer, interviewing Obama economic adviser Austan Goolsbee plays a clip of Republican Senator Lindsey Graham demanding Social Security cuts as the price of extension of the debt ceiling. Goolsbee is resolute on the need to extend the debt ceiling, but strongly suggests that Obama is amenable to a deal on Social Security cuts:
GOOLSBEE: snip...
We should have an honest discussion about the budget. The president is not against that. He knows we must deal with our long- run fiscal challenges. And when he releases his budget in the a few weeks, I think it is going to be clear that he takes that responsibility seriously, and he's not averse to making tough choices...