Game Changer: Biden Guarantees No Changes in Social Security

FDR recognized that a visible dedicated contribution makes it both politically and morally difficult for future politicians to cut Social Security. When pressed about the impact of payroll taxes on the economy, FDR said:

“I guess you’re right on the economics. They are politics all the way through. We put those pay roll contributions there so as to give the contributors a legal, moral, and political right to collect their pensions and their unemployment benefits. With those taxes in there, no damn politician can ever scrap my social security program. Those taxes aren’t a matter of economics, they’re straight politics.”

The fact that the Republican idea of scrapping the payroll tax is being touted as a concession made to the Democrats by the Republicans, shows just how hapless and clueless President Obama and his advisers are. Today’s Democrats seem to be able to win electorally when the Republicans start two endless wars and destroy the economy but they seem incapable of presenting a compelling vision of what they are for. Social Security is the nation’s most progressive program, but it is not a progressive issue. It is overwhelmingly popular with the vast majority of the American people, including the Tea Partiers. Today’s Democrats fail to understand the program, and so are not only blind to subtle assaults against it, but seem to conspire in those assaults. All I can say is that with the Republicans and the Democratic President, perhaps unwittingly, conspiring to destroy Social Security, the American people don’t stand a chance.

Good-bye, Social Security. You did a great job for 75 years. Apparently, the President is ready to pull the plug on you, if not on Grandma herself.
Read the Article at HuffingtonPost