Monday, October 7, 2013

Here It Comes

Obama Treasury Secretary Jack Lew, Sunday, Oct  6, 2011:

"We are happy to negotiate on reasonable policies with entitlement reform..."

As noted in the previous two posts the president plans to use the current budget charade to achieve his longstanding goal of cutting Social Security and Medicare.* Treasury Secretary Lew made the talk show rounds Sunday to signal that the president is ready to do the deal.

House Speaker John Bohner meanwhile was preparing the public from his side of the bargain:

"Let’s look at what’s driving the problem,” he said. “10,000 baby-boomers like me retiring, every single day. 70,000 this week. 3.5 million this year. And it’s not like there’s money in Social Security or Medicare. The governments, over the last 30 years, have spent it all."

A flat out lie, of course, like the notion that Democrats represent the interests of the American working class.

It'll be interesting to see New Mexico's Democrats try to finesse this. In a sick, fascinating way it'll be interesting to see it play out. Social Security and Medicare. The two prize pieces of the New Deal. Put on the chopping block by a Democrat.

Maybe now people will wake up.



*I've written about this many times. Use the search box in the right column and type in Social Security.
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