Okay, I have to admit that I was slightly startled when I visited washingtonpost.com earlier today and saw this headline:
Bernanke: 'Fiscal Crisis' Looms
The lead paragraph continues with the scare tactics, proclaiming that:
Federal Reserve Chairman Ben S. Bernanke warned today of a "fiscal crisis" in coming years...
Just what, exactly, could lead to this impending "fiscal crisis" you may ask?
War with no limit? Nope.
Corporate handouts? Neither.
More tax cuts for the rich? Wrong Again.
The causes of this impending "fiscal crisis", we are supposed to believe, are:
- Social Security
- Medicare
- Medicaid
Trust me folks, this "fiscal crisis" will happen unless
...the government does not act soon to curb federal retirement and health care entitlement programs.
Right.
What confuses me is that if they are planning another social security privatization push, won't they at least attempt to change their scare-tactics story. I mean, this line was pretty much a complete flop last time they put it out.
Or, is this just more of the same from Mr. Stay-The-Course himself?
How long until we hear about a "new" plan for "saving" social security?