Skip to main content

Those of us who are old enough remember that in 1998 there was a late push by Clinton and Gingrich to reform SS, and what it entailed was some raising of the age and partial privatization. But whats funny is I found this tidbit of Heritage completely blasting the proposals as a joke...only to support basically similar proposals in 2005 by Bush.

Some things do not improve with age. In his most recent State of the Union address, President Bill Clinton announced a plan to "save" Social Security and fund a new type of retirement savings account. The response, even among unbiased observers, was almost uniformly negative. Federal Reserve Board Chairman Alan Greenspan sharply condemned the President's proposal to invest part of Social Security's trust fund in stocks. U.S. Comptroller General David Walker said the proposal "does not represent a Social Security reform plan." Now, 10 months later, the President has announced a new plan that is at least as bad as the first one.

http://www.heritage.org/...

Same ole, same ole with these folks. Anyway, lets just be happy the crazy House GOP got so obsessed with Monica that they torpedoed themselves.

EMAIL TO A FRIEND X
Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags

?

More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site