Controversy and Social Security Cuts
Today, TWI contributor Martha C. White has a good piece running down popular proposed cuts to Social Security and looking into how they might impact the most financially insecure Americans.
The context for the piece is the brewing fight over the recommendations of President Obama’s deficit commission — technically, the bipartisan National Commission on Fiscal Responsibility and Reform. The panel plans to release ideas on how to return the nation into the black, and cuts to the entitlement program are on the table.
And wonky though the subject might be, Social Security seriously riles people up. To that end, the co-chair of the deficit commission, Alan Simpson, is in serious hot water for comparing Social Security to a “milk cow with 310 million tits” in a recent email to Ashley Carson, the head of the Older Women’s League.
“If you have some better suggestions about how to stabilize Social Security instead of just babbling into the vapors, let me know. Call me when you get honest work,” Simpson wrote. He has since apologized: “Over the last 40 years, I have had my size 15 feet in my mouth a time or two.” The White House accepted the apology.