White House: Social Security Should Be Off Limits In “Fiscal Cliff” Talks, But Won’t Show Their Plan

Other than raising taxes and gutting the military, is there anything Team Obama is willing to discuss? They’ve already shrieked that Obamacare is off limits, even though it is another in a long line of entitlement programs that can’t be paid for

(CBS News) It appears another issue of disagreement has surfaced in regard to the negotiations over the so-called “fiscal cliff”.

White House spokesman Jay Carney said Monday that Social Security is one entitlement program that should be addressed on a “separate track.”

“We should address the drivers of the deficit and Social Security currently is not a driver of the deficit,” Carney told reporters today. The senior retirement program is solvent for another 21 years, at which time recipients could see a reduction in benefits.

Social Security accounts for one third of federal spending, and the pool of people paying in to the program shrinks every year. Back in 1950 the ration of workers to benefit recipients was 5.1-1. In 2009 it is 3-1. It’s estimated that by 2030 it will be 2-1, but it could actually be 1-1 or even more recipients than workers. And Cox and Archer point out

As of the most recent Trustees’ report in April, the net present value of the unfunded liability of Medicare was $42.8 trillion. The comparable balance sheet liability for Social Security is $20.5 trillion.

What is on the table? Who knows, because the White House refuses to release a plan

After a reporter asked how President Obama was planning to engage in the messaging war over the “fiscal cliff,” White House Press Secretary said that he didn’t want to “ruin the fun” of fiscal cliff negotiations. …

“It would ruin the fun, if I gave you all the details now,” Carney said with a smile.

Can you imagine the media response were Tony Snow or Dana Perino to give that answer during the Bush years? Apparently Team Obama thinks this is a game. But, does anyone think they actually have a plan? Remember, this is the guy who wasn’t bothering to meet with his economic panel. The guy who commissioned a big plan (Simpson-Bowles) then immediately blew it off. Who said “the private sector is doing fine.” The guy who put his big plan on a post it note.

The GOP should counter Obama’s talking points with a real plan that would include $3 in spending cuts now for ever $1 in tax increases later, put Obama on the hook.

Crossed at Right Wing News and Stop The ACLU.

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Comment by Gumball_Brains Subscribed to comments via email
2012-11-27 22:03:22

Social Security currently is not a driver of the deficit,” Carney told reporters today. The senior retirement program is solvent for another 21 years, at which time recipients could see a reduction in benefits.

Must be true since the little child mouthpiece said it. No one in the media deemed it wrong enough to question.

The GOP should counter Obama’s talking points with a real plan that would include $3 in spending cuts now for ever $1 in tax increases later, put Obama on the hook.

Teach, you still believe reason and details will win people over. That won’t happen any longer. People no longer live in reality and throwing numbers around makes no sense to people who have 3rd grade math skills.

Can’t tell you how many news stories I heard since Friday telling me that the recession is now over. Hell, there’s a story on Drudge about how EVERY SINGLE PERSON went shopping on black friday. Reality is not where we are any more.

The morons will believe that, why? because they still have some form of money\credit that they can spend now. People live for the now and what they can get.

They see now and will for a long while, that it is the Repubs that are blocking Obama from doing what is needed to keep the gravy train flowing.

And we better get used to it for the foreseeable future. I’m guessing for at least 10 years

 

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