Wednesday, May 25, 2005

This Letter says it all!

From Talking Points Memon (Josh Marshall)

A TPM Reader chimes in ...

Why is it Social Security that needs fixing when it is the Republicans’ runaway’ spending that is the problem?!

By their own admission, the problem will occur when the excessive SS contributions begin to slow down causing the government to look elsewhere for the money they need to cover all those tax cuts they gave their rich friends (and, I suspect, themselves).

So why is it Social Security that needs fixing?

Please explain.



That pretty much covers it. The real danger to Social Security is to be found in the president's first-term tax cuts.

-- Josh Marshall


At 4:45 PM, Blogger muckdog said...

Of course, without those tax cuts, would the GDP be at 3.5% or at 1%? Would the housing market be appreciating and local tax revenues up? Would the Nasdaq be above 2000 or below 1000?


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