... if cuts are proposed and enacted in Social Security and Medicare, they will hurt millions, weaken the economy, and the deficits will not decline. It’s a lose-lose proposition, with no gainers except a few predatory funds, insurance companies and such who would profit, for some time, from a chaotic private marketplace. [emphasis added]And our day-late and dollar-short 'democratic' President, the O-Bomb, is doing all he can to help the destruction along.
-- Galbraith Blasts Alan Simpson: He “Lacks the Temperment to Do a Fair and Impartial Job” on Deficit Commission by Jane Hamsher, firedoglake.com
Monday, July 19, 2010
The only reason to cut or eliminate SS and Medicare ...
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