Hundreds of thousands of Americans have now called for Senator Alan Simpson, co-chair of the White House deficit commission, to step down -- after he insulted the head of the Older Women's League, Ashley Carson, by implying that her dedication to protecting retirees was not "honest work" -- and then he revealed what he thinks of Social Security: "a milk cow with 310 million tits."
Simpson eventually apologized, and White House press secretary Robert Gibbs stood by Simpson, making it clear that the Obama administration would not send him packing back to Wyoming -- unless perhaps the clamor gets louder. At least Gibbs had the smarts to distance President Obama from the substance of Simpson's remarks. But the silence from commission co-chair Erskine Bowles and commission members like economist Alice Rivlin, Democratic Senator Kent Conrad and Republican Paul Ryan has been deafening. They should be a little worried about his obnoxious style, but the truth is Simpson speaks for a large number of deficit commissioners who want to cut Social Security.
So if the White House won't fire Simpson, the president should tell the deficit commission to take Social Security off the table.
The real problem is not Simpson. Most of the commission members agree with Simpson that Social Security benefits should be cut and the retirement age should be raised. They all know that Social Security has its own stream of revenue and contributes nothing to the federal deficit. But this conservative commission majority either wants to "send a message to the bond markets" that America is willing to whack seniors -- or they want to steal money from the trillions of dollars in the Social Security trust fund built up through years of extra FICA taxes paid by working Americans and use those savings to cut the deficit caused by tax cuts for the wealthy.
Simpson has just been blunter about the plan to steal money from the trust fund. In another hostile confrontation, Simpson told Alex Lawson of Social Security Works that the Social Security trust fund has been spent. Here's what he said, in his disrespectful style:
Simpson: Listen $2.5 trillion of IOU's which have been used to build the interstate highway system and all the things people have enjoyed since it was set up. Lawson: Two wars, tax cuts for the wealthy -
Simpson: Whatever, whatever. You pick your crap and I'll pick the real stuff. It was to do with the highway system; it was to run America. And those IOU's in there now, there's not enough coming in every month.
There it is folks. Deficit hawks like Simpson think it is way too hard to take their deficit mandated serious: finding revenues to pay for the deficits wracked up by years of tax cuts and military spending. Instead, they want to show they are tough by raiding the Social Security trust fund by cutting retirement benefits for future retirees who have been paying extra to keep our retirement system solvent.
The small number of progressives on the commission have made the case over and over again that Social Security contributes nothing to the deficit. But the hawkish majority, refusing to call for raising taxes on the rich or cutting the military budget, thinks going after the trillions of dollars in the Social Security trust fund is the "confidence-building" consensus accomplishment they will be able to unite around. But the American people won't let them. Poll after poll, including CAF/Greenberg, finds that Americans of all stripes, Democrats, Republicans, tea party supporters and young people HATE the idea of balancing the budget by cutting Social Security.
So please keep exposing Simpson as the undiplomatic spokes person for the deficit hawks. But this should be our new demand: If the White House Won't Fire Simpson, the Deficit Commission Should Keep Their Hands Off Social Security.
And let's keep telling the truth: Social Security contributes not a penny to the deficit; therefore reducing benefits won't reduct the deficit. Social Security's trust fund has enough assets to pay current benefits for the next 27 years. If needed, modest changes that will increase Social Security revenues could extend the program's solvency for decades into the future. But this Commission, stacked as it is with enemies of Social Security - and fronted by Alan Simpson, is not the appropriate vehicle for making those fixes.
House Speaker Nancy Pelosi, speaking at Netroots Nation in July, got it right:
When you're talking about reducing the deficit and Social Security, you're talking about apples and oranges. If we want to have a conversation about Social Security and how we keep it solvent, what are the things we can do to keep Social Security solvent way down the road so it's there for future generations, that I believe is an appropriate conversation. It shouldn't involve reducing the benefits or raising the limit or whatever, but you could talk about how you keep it solvent. To change Social Security in order to balance the budget; they aren't the same thing, in my view. That isn't what we should be doing. So, I will admit and accept the fact that as we make Social Security solvent--and it is solvent for the next into the 2030s--it will have a positive impact on the deficit, but we shouldn't be looking for reducing benefits and raising ages and all the rest, period, and we certainly shouldn't be doing it to reduce the deficit. Two different sides of the ledger.Note: The Campaign for America's Future, which has helped lead the charge against Simpson, now has an action petition going to send this message: If the White House Won't Fire Simpson, the Deficit Commission Should Keep Their Hands Off Social Security. Click here.
Also, CAF is working with MoveOn.org Political Action, CREDO Action, Democracy For America, the Teamsters Union, and Social Security Works to encourage citizens to ask candidates for Congress to promise to oppose SS benefit cuts, retirement age increases and privatization. To see who has made the promise, go to www.handsoffsocialsecurity.org.
Follow Roger Hickey on Twitter: www.twitter.com/rogerhickey
Ronnie did it, Bush 1 did it, Clinton did it, and so did Bush 2...it's not a new phenomena. I'm sure Nixon did it, too, but the fed debt was not as huge in the 70s. The GOP hadn't turned into the party of Santa Claus and the Easter Bunny, where people could have tax cuts and unbridled spending at the same time, because "deficits didn't matter"
No party is looking out for the middle class. May God have mercy on us all.
Look at Jefferson, he's gone. There will be more to go who steal for the tax payer with back slapping and not paying taxes as much as the IRS rides American workers.
The reason why the middle class and poors tax cuts haven't circulated or been felt is because the top take the most. Why is that.
Don't you feel that is unfair. Why are the "rich" even in our cookie jar in the first place? They don't want to pay taxes, therefore they aren't tax payers. Hedgefunds all around the world hiding their money.
American Workers need to "hide" their Social Security program from the B&E politician
I believe the Republican
Get out you covetous thieves!!!
Earn your blood dollars somewhere else!
To say they have "been spent" is to say our government cannot be trusted. How does that send a positive message to bond markets?
Hopefully, the bond markets respond to the truth--not to what politician
Allen W. Smith, Ph.D.
Website: www.thebig
Email: ironwoodas
Phone: 1-800-840-
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Even when Social Security was created there were many republican
Any money surplus left in Social Security is to be put into non marketable US Treasury bonds. That means they can't be sold on the open market. FDR set it up this way so the unscruplou
The US Treasury non marketable bonds are "backed by the full faith and credit of the U.S. Treasury."
Being non marketable makes them even safer.
I paid into it for 40 years, and it worries me when some multi-mill
They can see that the younger generation are paying into SS through payroll taxes but some of them don't even know it's for their old age.
The generation that was born after the servicemen and women returned home from World War II is now retiring, the so-called Baby Boomers. Politician
The GOP likes to quote the total amount of future Social Security payments as the amount of the future SS deficit, but that is not at all accurate. SS is projected to stay at least 75% funded. The amount of deficit projected in SS funds would much more than be made up by cutting out the wars that the GOP likes to get us into, and by re-instati
I was talking with another senior about this, and she said to me that since the GOP plan to cut benefits only applied to younger people, younger than 55, she didn't care. It also didn't seem to matter to her that the GOP used the same tactic once before to cut benefits for our generation
Politician
And if tax cuts for the rich while retirees suffer doesn't make you angry, there's something wrong.
It should not be surprising that so many people do not understand what a Ponzi scheme is, since so many people routinely fall victim to them. I have known college graduates who did not understand why a Ponzi scheme was a bad investment
The hard left never liked Barack Obama. The racists, of course, despised him from the start. The right wing thinks he is a foreigner with an alien religion.
Such arguments and allegation
President Obama saved us from another Great Depression and is doing as well as anyone could do in Afghanista
Nixon and Taft socialist?
You can call the health care reform "socialist
It won't be one final recommenda
It be at least two contrary opinions, one favoring tax increases, one cutting social services.
Their findings will reported to Congress, and ignored.
There is no impetus for Congress to act on this. Might as well be a report on global warming.
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I really think Simpson should go. Apparently he has also recently made statements concerning Vietnam vets who suffered from Agent Orange, to the effect that their needing health care from the VA is not helping the country's financial problems. Excuse me, but the vets were mostly drafted for what was an unnecessar
It seems to me that Simpson thinks the only way to reduce deficits is on the backs of disabled people, widows and orphans, old people and vets. He probably wants to keep the tax cuts for the rich as well.
The age for getting full Social Security benefits it now 67 for those born in 1960 and thereafter
Just sayin'.
It's the substidize
How dare they sell our jobs to the highest bidder to eliminate a tax payer income to social security, then complain that there aren't enogh jobs to support it. When WE make the Green Economy, they will be HISTORY.
We will replace the crooked unpatrioti
WE will feed OUR OWN NEGLECTED DEMAND, with QUALITY PRODUCTS WORTH THE HARD EARNED DOLLARS WE PAY.
The need outweighs the greed.