Obama Puts Passion Into Jobs Speech Rarely Seen In His Presidency

By extending payroll tax cuts, you're gutting Social Security’s finances forever.  But whatever happens, look at what Social Security’s enemies will have accomplish­ed:

The “lockbox” principle between Social Security and the overall budget will have been erased forever.

A relatively small infusion of cash into the trust fund will be the poison pill that erases the “trust fund” principle.  Once the program has contribute­d to the deficit, it’s no longer separately funded.

The enemies of Social Security will have painted a bull’s eye on its only source of funding.  People will see it as a “new tax” — in a year when the economy’s not expected to have fully recovered.

They’ll be in a position to argue, once again, that “America can’t afford” to provide financial security for middle-cla­ss seniors. 

Read the Article at HuffingtonPost