Reply #6: ‘Change you can believe in’ - if you’re a member of the GOP [View All]

“Cutting Social Security is ‘Change you can believe in’ - if you’re a member of the GOP. If the rumors are true, then President Obama would be taking policy decisions in areas where even Reagan and Bush dared not to tread. Cutting Social Security and Medicare on the back of a debt ceiling which might well be unconstitutional would certainly take his party out of its comfort zone (as he phrased it the other day). But it would also effectively eviscerate one of the Democrats’ most substantive social welfare achievements of the 20th century. Social Security is not “broken.” It is not “going broke.” It will, as Robert Eisner told us more than a decade ago, “be there” as long as we protect it from its so-called saviors."

- Marshall Auerback, Senior Fellow at the Roosevelt Institute