Erskine Bowles and Alan Simpson — the chairs of Obama’s Debt Commision — talk in February 2010 about the clear and present options for the future of Social Security:
– Increasing the utterly regressive and already onerous (15% or so — or has it crept well beyond that?) SS tax.
– Reducing SS benefits across the board.
– Reducing benefits on a sliding scale need-tested basis. Ie, the better off you are, the less SS you collect. Seems rather reasonable. Don’t it? But to enforce …
It’s interesting, to say the least, that the Final Solution will be wheeled out during these coming two years of, ahem, shared responsibility, given yesterday’s elections.
Within GOPher ranks alone a food fight of epic proportions seems likely, given the ideas and emotion separating Speaker Boehner from Senate minority leader McConnell (who more than once has expressed disdain for the rising Boehner) and of course the new Tea Party kids.
Did Team Obama lure the GOPhers into this snake pit?