WASHINGTON TIMES GETS IT RIGHT ON SOCIAL SECURITY REFORM
A great post over at the BLOG ALLIANCE FOR SOCIAL SECURITY REFORM (thanks, guys, I still support the cause) alerted me to a Washington Times op-ed piece about the Dems' hypocrisy on this issue. Some excerpts from the Times:
"Plain and simple, through the voluntary personal retirement accounts in the president's plan, low-wage workers will benefit greatly. In addition to their Social Security benefits upon retirement, because of the PRA's, they will have an additional nest egg of well over $100,000. Something that is impossible under the current, failing system."
"Senate Minority Leader Harry Reid knows this, as does House Minority Leader Nancy Pelosi. They, along with the rest of the Democratic leadership know that low-wage earners living from paycheck to paycheck will realize a dramatic increase in their savings with personal retirement accounts."
"The system is failing, the Democrats know it and, yet, they have been basically ordered by Mr. Reid and Mrs. Pelosi, not to offer any solutions. This, in spite of the fact that by an overwhelming 70-22 margin, Americans think that those who oppose the president's plan have an obligation to put their own on the table. "
"To prove the obstructionist charge against Mr. Reid, the media need look no further back than 1999, when he said, 'Most of us have no problem taking a small amount of the Social Security proceeds and putting them into the private sector.'"
Well said!
"Plain and simple, through the voluntary personal retirement accounts in the president's plan, low-wage workers will benefit greatly. In addition to their Social Security benefits upon retirement, because of the PRA's, they will have an additional nest egg of well over $100,000. Something that is impossible under the current, failing system."
"Senate Minority Leader Harry Reid knows this, as does House Minority Leader Nancy Pelosi. They, along with the rest of the Democratic leadership know that low-wage earners living from paycheck to paycheck will realize a dramatic increase in their savings with personal retirement accounts."
"The system is failing, the Democrats know it and, yet, they have been basically ordered by Mr. Reid and Mrs. Pelosi, not to offer any solutions. This, in spite of the fact that by an overwhelming 70-22 margin, Americans think that those who oppose the president's plan have an obligation to put their own on the table. "
"To prove the obstructionist charge against Mr. Reid, the media need look no further back than 1999, when he said, 'Most of us have no problem taking a small amount of the Social Security proceeds and putting them into the private sector.'"
Well said!
Comments
Keep up the good work!
The Bush regime (and it's wholly-owned subsidary, The Washington Times) has a long and well-documented record of lying about Social Security, tax cuts, and...well, just about everything else.
Accepting those figures is clearly a "faith-based nitiative."
However, I don't need to rely on anyone else's facts about Social Security. I am educated enough to read my SS statement, and compare it to the returns on the safest of private investments.
Denying any positive outcome from a new policy is no substitute for an actual policy. Neither is it an excuse to do nothing in the face of an escalating problem.
Now to be serious. Trust the government? Trust myself? Hmm. No competition! ME!