Thursday, June 2, 2016

President Obama’s huge reversal on Social Security is a big win for liberals

By Dylan Matthews, VOX

Social Security hasn't really been a major issue in Barack Obama's presidency. Insofar as it came up at all, it was in the context of Obama's attempts to reach a "grand bargain" with congressional Republicans to reduce entitlement spending and increase taxes. His signature proposal there — a form of Social Security cut known as chained CPI — enraged the progressive wing of the Democratic Party.

So it's startling to see him declare Wednesday that Social Security shouldn't be cut, but instead expanded.

"We should be strengthening Social Security," he declared. "Not only do we need to strengthen it, it is time we finally made Social Security more generous and increase the benefits so that today’s retirees and future generations get the dignified retirement that they have earned." The expansion, he argued, should be financed by "asking the wealthiest Americans to contribute a little bit more."


Commentary by: Lynn Cheramie, Founder, Freedom Fighters of America

Only Liberals could put a silver lining on a flip flop cloud that they blame Conservatives for all the time.

FREEDOM FIGHTERS OF AMERICA
FRESH AND TRUE NEWS 24/7 WITH NO HYPE!

No comments: