Sunday, April 03, 2005

Public Affairs: Demagoguing Social Security: Have they no shame?

Jeff Berkowitz blogs on Public Affairs: Demagoguing Social Security: Have they no shame?

I think Democrats need to ask themselves what they'll tell voters four, eight, or ten years from now if Social Security isn't reformed. We'll be facing 1983 style regressive FICA tax increases or big benefit cuts. Someone will be saying if we had let people spread 4% of their FICA tax into ownership accounts at the market rate, here is where they would have been. Consider younger people already favorable to the idea: they'll just be plain angry at the party who opposed reform.


Win or lose on reform, I think the Republicans are giving themselves a lock on the future electorate for national offices that will be impossible to break.

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