Social Security

For general discussion and debate. Possible talking point: Here's change you can believe in!The number of people in the U.S. who are in poverty is on track for a record increase on President Barack Obama's watch, with the ranks of working-age poor approaching 1960s levels that led to the national war on poverty.Census figures for 2009 - the recession-ravaged first year of the Democrat's…

Looking for someone to investigate theft and questionable spending in government programs? Think twice about hiring Rachel Maddow. The earnest MSNBC polemicist has deemed such a thing impossible, at least when it comes to Social Security.Reacting with the reptilian defensiveness of liberals whenever conservatives suggest Social Security is unsustainable, Maddow made this whopper of a claim on her…

Chris Matthews on Friday blatantly misrepresented former President George W. Bush's plan to reform Social Security in 2005."If George W. Bush had gotten his way and privatized Social Security and tied it to the stock market, your constituents would be 100 percent Democrats now -- 100 percent! -- because they`d be looking at their Social Security checks shrivel to nothing because they`d be based…

The New York Times on Tuesday declared what most conservatives knew would happen if Democrats took control of both Congress and the White House: "more Americans - and not just the rich - are going to have to pay more taxes."In its editorial comically titled "A Real Debate on Taxes," the Times predictably argued for a total elimination of the Bush tax cuts, although it favored some partial delay…

Children must be making the news programming decisions at NBC "Nightly News." Aug. 14 was the 75th anniversary of Social Security, the largest government program and most troubled. Social Security is in the red this year - six years ahead of forecasts. The program faces a $41 billion shortfall this year alone. The major anniversary of a program often nicknamed the "third-rail" of politics…

Don't they usually wait until after Labor Day to do this? Ten days ago, I asserted that that the administration's cynical use of Andy Griffith for a patently political promo on behalf of Medicare ("This year, as always, we’ll have our guaranteed benefits, and with the new healthcare law, more good things are coming: free check-ups, lower prescription costs") was "the foundation for the biennial…

Ed Schultz on Thursday blamed Republicans for all the unemployed people living in America today.As he began the most recent installment of the "Ed Show" on MSNBC, the host said, "The Republican Party has been on a crusade against the middle class and the poor for the last 30 years. We're now seeing the wreckage of that race to the bottom line culture."He disgracefully continued, "Today a…

Comedian Jon Stewart on Wednesday joined the growing liberal chorus attacking Republicans for their concerns about rising taxes and exploding budget deficits. The only thing different about the "Daily Show" host's approach was that he needed vulgarity to make his point. Potentially even worse, Stewart in his opening segment Wednesday actually used CNN's Fareed Zakaria to support his view that…

This is a historic year for the largest government program: Social Security, which turns 75 in just a few days. The program is also running a deficit for the first time since 1983, and ahead of estimates. Initially, Social Security was created to provide supplemental income to elderly and disabled people who could not work, and was signed into law by President Franklin D. Roosevelt Aug.…

Republican Congressman Paul Ryan of Wisconsin has struck back at Paul Krugman calling the New York Times columnist "intellectually lazy."As NewsBusters reported Saturday, Krugman wrote an article the previous day castigating Ryan as "The Flimflam Man" calling the Congressman a "charlatan" and a "fraud" while claiming his "Roadmap" to balance the nation's budget was "drenched in flimflam sauce…

As media predictably pound the table for Congress to allow the Bush tax cuts to expire, an interesting analysis by Washington Post contributor Robert J. Samuelson should raise a caution flag.Higher taxes inhibit couples from having children which in other developed nations has led to longterm economic paralysis.In a western civilization that got drunk on entitlement programs in the previous…

Bad economic news just keeps piling up. Today, the news about jobless claims from the AP:Initial requests for jobless benefits rose last week to their highest level since April, a sign that hiring remains weak and some companies are still cutting workers.The Labor Department said Thursday that new claims for unemployment insurance rose by 19,000 to a seasonally adjusted 479,000. Analysts had…

Chris Matthews on Monday got a much-needed lesson from Rep. Paul Ryan (R-Wisc.) on how tax hikes impact the budget as well as the economy."Congressman Ryan, is there any tax role for reducing our $1.4 trillion to $1.7 trillion debt this year -- deficit this year?" Matthews asked during the 5PM installment of MSNBC's "Hardball." "Is there any role in tax increasing to help do that job?"When Ryan…

Once again, it's clear that reading editorials and op-eds at publications like the Wall Street Journal and Investors Business Daily becomes a requirement to be truly informed when a Democratic administration in power. On July 6, Peter Ferrara at IBD noted that the annual report from the trustees of the Social Security and Medicare system is long overdue, and wondered why: Are Overdue Reports…