Tuesday, September 04, 2007

Hillary on Social Security: lies and obfuscation

From First Read:

She focused heavily on the issues of Medicare and Social Security, saying, "Now you don't have to worry - when I'm president, privatization is off the table." Clinton added that reducing benefits and raising the retirement age is not the answer. "We need to get back to the fiscal responsibility that we had in the 1990s," she added. (If reducing benefits or raising the retirement age isn't the answer to making the system solvent, then what is -- raising taxes?)
It's not Hill's job to say what she would do, just what she wouldn't. Besides, Hillary would invoke pixie dust and divine intervention before she said the words "raising taxes."

While Clinton made a point to draw upon nostalgic pictures of the time the former President Clinton spent in office, she only mentioned him directly once. "When my husband left office, we had a secure Social Security system until 2055, and then, all of a sudden, the Bush Administration took us back into deficits."
Wait a second: Is that right? A 2001 Social Security Board of Trustees report said the program would remain solvent until 2038, not 2055. The Clinton campaign has yet to respond to messages First Read left seeking comment.
Don't wait by the phone.

Extra - Some background from International Business Times: "Introduction to Social Security"

More - From Captain Ed: "Obviously some action will need to be taken -- and if Hillary takes all of the other options off the table, then the only action left will be massive tax increases to pay for the shortfalls."

2 comments:

Anonymous said...

I guess what gives me the irrits most about Hillary is that she tries so hard to pander to whatever crowd she's in front of. Two things in this appearance: one, the "now, you won't have to worry" statement gives me the same visual impact as Benny Hill; and two, there is no way -- no way -- that the Clintons will ever, ever, ever experience the same retirement hurdles that the rest of us on the other side of the financial spectrum do. Overreaching, overweening, poorly-designed chameleon....oh, yeah, unless my other choices are a selection of demons from the ninth level of hell there's no way I'd vote for her.

Anonymous said...

So, if it's Guiliani/Clinton, you're voting for Hillary, then?