"The problem with this entire conversation is that Social Security is already inadequate. It’s barely enough to keep the elderly out of grinding poverty and compared to other industrialized nations it’s a joke. Benefits need to be raised not cut. But the grand success of the relentless fear mongering from deficit fetishists like Alan Greenspan and Pete Peterson over the years is that the entire conversation revolves around the idea that the system is so unstable that the only possible ‘compromise’ is to agree to ‘tweak’ benefits and pare them back over time —- until the system loses its essential value to the American people and they can finally turn it into an investment vehicle. The president says he’s ready to ‘tweak.’ And we know that Mitt Romney can hardly wait to take a meat ax to it. If he were to win, I’m guessing the conservative Democrats in congress would rush to jump on his bandwagon. (They certainly always have before.) So, it would appear that your best chance is to vote for progressives who will stand up to either Romney or Obama when it comes to Social Security."
— digby (via theamericanbear)
(via theamericanbear)
