Tuesday, January 11, 2005

Social Security "Crisis" My Ass…

I had planned to rif, rant, rave and foam at the mouth about the so-called Social Security Crisis that’s been invented and is being rammed down our throat by the Liar in Thief himself, but then I read Molly Ivins's syndicated column today, and realized, as usual, I couldn’t have explained it better myself, not in a million years. And she’s so much nicer about it than I would’ve been…

“Will someone explain to me what earthly good they expect to do by misleading us? …

“Resigned to the fact that Social Security will have to be dismantled because it's in such terrible, awful trouble, headed toward bankruptcy the day after tomorrow? Well, the $10 trillion in unfunded liabilities they keep talking about sure sounds like a load of trouble. Except that it's a completely phony number. Not based on what will happen in 25 years or 50 or 75, but on infinity. Forever and ever.

“President Bush says ‘the crisis is now’ and Social Security will go into the red as of 2018. Eeek, just 13 years from now -- we might actually live that long. Except... nobody else says that. The Social Security trustees, paid to be professional gloom-mongers on this subject, say it's good until 2042, and the conservative estimate by the Congressional Budget Office is 2052 -- not before Social Security goes broke, but before Social Security has to dip into its trust fund. Get a grip.”


© 2004 Creators Syndicate

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