Chain of Fools
The Obama administration’s plan to cut Social Security benefits boggles the mind. In addition to being unnecessary and cruel, it’s politically disastrous.
Oh, but I’ve heard some downplay the political concerns. “It’s not like people going to vote for the Republicans, who’ve been trying to gut Social Security for decades!” they say. To which I respond: Do not underestimate the cluelessness of low-information voters. Remember in 2010 when the R’s convinced so many people that they were the great defenders of Medicare? They’re going to have a field day with this. (I don’t mean to imply that seniors are low-information voters any more than anybody else; I merely think many American voters tend to have short political memory, and are easily misled.)
Tags: budget, chained CPI, economy, inequality, obama, safety net, Social Security