Mareseatoatsanddoeseatoatsbutlittlelambseativy.

Wednesday, November 17, 2004

Greenspan:bait and switch (that's polite speak for "stealing")

From the "why-do-we-tolerate-this-shit" dept.
And the "candidates-for-export-to-another-planet" dept
Greenspan pushed through an increase in taxes on working Americans, generating a Social Security surplus.
Then he used that surplus to argue for tax cuts that deliver very little relief to most people but are worth a lot to those making more than $300,000 a year. And now that those tax cuts have contributed to a soaring deficit, he wants to cut Social Security benefits.


Social security is in trouble in the same sense that, say, a swimmer would be if the swimming area were stocked with sharks.

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