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Saturday, April 30, 2005

SOCIAL SECURITY REACTION

Here is an article about the guy who came up with the idea adopted by the President that would index Social Security benefits to prices rather than wages. He is a Democrat from Boston who supported John Kerry in 2004. The article contains some more details about the proposal and how it came to be known by White House officials.

Meanwhile, over at the New York Times, John Tierney has hit the nail on the head when it comes to the politics of the President's proposal.

Democrats have good reason to be aghast at President Bush's new proposal for Social Security. Someone has finally called their bluff.

They tried yesterday to portray him as just another cruel, rich Republican for suggesting any cuts in future benefits, but that's not what the prime-time audience saw on Thursday night. By proposing to shore up the system while protecting low-income workers, Mr. Bush raised a supremely awkward question for Democrats: which party really cares about the poor?

Read the whole thing.

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