Ford fixin' for a showdown with the folks at Cato?
The last we heard of Fainthearted Faction member Rep. Harold Ford of Tennessee, he was telling us that whatever the Cato Institute might think or be telling others, he didn't support their Social Security phase-out plan. "I do not support changing the Social Security system as has been proposed by President Bush," he said in a statement released on December 30th, "nor do I support Social Security proposals advanced by the CATO Institute. In fact, both of these proposals have the potential to harm current beneficiaries by paying for the transition costs by issuing debt."
Now, we notice, though, that Rep. Ford is listed as giving the luncheon address on day two of the Cato Institute's "Social Security: The Opportunity for Real Reform" conference on February 8th and 9th.
We think it's great that Ford is taking this opportunity to give them a piece of his mind.
Late Update: We note that the program says 'invited' by his name. So has Ford even accepted the invite?
Even Later Update: Late this afternoon Rep. Ford's office informed TPM that the congressman is actually not delivering this speech, and that he declined Cato's invitation last week. See this subsequent post for the details.
"To be crassly political, there's nothing in it for members of Congress," said Rep. Ray LaHood, R-Ill., predicting that supportive lawmakers would face television ads accusing them of gutting Social Security when they run for re-election. "It will be a very, very tough sell for the president."
LaHood, a moderate who coasted to re-election in November, is not alone. Of the 232 Republicans who will serve in the House next year, at least 125 to 150 will need "a lot of hand-holding," said Rep. Mark Foley, R-Fla., who said he supports Bush's push.
It's impossible, though, to prepare a sound criticism of Mr. Bush's plan until he reveals it. Strategically, he seems to be trying to get everyone to accept it before anyone can prepare a sound criticism. He keeps saying that current and near-future retirees will get their Social Security payments as promised.
I lost track of how many times Rep. Mark Foley, R-Fla., made that point when he was on Steve Pomeranz's show on WXEL. A lot, though. That's nice to hear, although current and soon-to-be recipients do have to take it on faith that Mr. Bush can borrow all that money to keep the promise.
Veteran members of the House from Florida were lining up on both sides of key issues on Tuesday.
Rep. Mark Foley, R-West Palm Beach, said he hopes Democrats at least will consider changes to Social Security so it can remain solvent for decades to come. He said private accounts should not be ruled out.
Rep. Mark Foley, R-Fla., another supporter, says there are 125-130 GOP lawmakers who will need "a lot of hand-holding."
"I hear a lot from my colleagues, "Bush doesn't have to run again. We do. Why don't we kick the can down the road?' " Foley said.
Rep. John Tanner of Tennessee trying to find a way out of the Faction?
You think Marty Frost should be the next chair of the DNC? Or maybe you're for Simon Rosenberg? Or Donnie Fowler? Or maybe Howard Dean?
But let's be honest. Who cares what you think? You don't have a vote.
For all the crackling enthusiasm ones sees across the web or in various new activist groups for this or that candidate, as Howard Wolfson lamented last month in the Times, only the 440 members of the Democratic National Committee have any say in the matter. They're the only ones who have a vote.
As this page on the DNC website explains, those 440 DNC members are a mix of state party officials and bigwigs, a smattering of office-holders nationwide, various folks appointed by the sitting chairman and others.
Like Howard, I think it would be a bad idea just to throw the whole thing open to some sort of national party primary. Choosing from amongst the elected officials of the state parties adds experience and consensus-building to the equation. It also makes for various sorts of diversity, though not in all respects. But certainly active, rank-and-file Democrats should have some say in the matter, especially now when there seems to be more widespread and impassioned interest in the choice then there's been in a very long time.
Obviously, it's too late to change the rules now. But if you do have a candidate, find out who the DNC members are in your state and let them know what you think, what you want. There are also members chosen from different constituencies and different sectors of government. Find out about them too.
Don't get me wrong. This isn't a knock against party officials, as such. And I think smoke-filled rooms (or, given our Democratic sensibilities today, I guess, non-smoke-filled rooms) have more to recommend them than we sometimes imagine. But this is a big decision for Democrats, one that will help shape the party in a period when Democrats are both coming off intensely demoralizing defeats but also witnessing what I believe are exciting signs of new vibrancy and growth. This one's too important to be left to the vagaries of chits and glad-handing.
Do reporters respond when the president tells flagrant lies?
(No, it's not a trick question.)
Today the president said: "Most younger people in America think they'll never see a dime [from Social Security]. Probably an exaggeration to a certain extent. But a lot of people who are young, who understand how Social Security works, really do wonder whether they'll see anything."
The president says it's "an exaggeration to a certain extent" to say that younger people today don't think they'll ever get any money from Social Security, despite the fact that they pay over 12% (employees' and employers' contributions combined) out of every paycheck into the program.
I'm thirty-five, though not for much longer. So I hope I don't flatter myself too greatly to include myself among the "younger people" to whom President Bush is referring. So, God willing, I will turn 67 in February 2036.
According to the Trustees, using very pessimistic estimates of future economic growth, Social Security will be able to pay full benefits until 2042. After that, incoming revenue, they say, will be able to pay for at least 70% of my benefits. In other words, I'm good until I'm 73, after which my benefits could drop by as much as 30% if the US economy does really poorly over the next 35 years and no one does anything whatsoever with Social Security until then.
On the other hand, the Congressional Budget Office, under the leadership of former Bush White House senior economist Douglas Holtz-Eakin, says I'll have no problem until 2052, when I'll be 83. After that, they say, there will be a reduction, but again not an overwhelming one.
Bear in mind of course, as we've said again and again, if the US economy just keeps growing at the rate it has for the last hundred years or more, any problems are likely a good deal further out into the future.
So, what does this tell us? According to relatively pessimistic forecasts, two government agencies -- one of which is part of a Republican administration and the other under the oversight of a Republican congress -- say I'll get my full benefits for either the first five years of my retirement or the first fifteen years. After that, if nothing changes at all, I'll probably keep drawing three-quarters of my benefits. And even if I'm only drawing that three-quarters it'll still be more than today's retirees draw even in inflation-adjusted dollars.
This disconnect suggests one of three possibilities.
One is that the president has been briefed on certain highly classified budget projections which show a far more dire situation than the government's non-classified budgeting estimates would have us believe. We'll call this the secret evidence hypothesis.
Another possibility is that President Bush believes that the US government will default on the Treasury notes held by the Social Security Administration. Let's call this the Harken Energy hypothesis.
If it's neither of these we can only conclude that as he has done repeatedly before, this president is deceiving the people he has sworn to serve and defend in order to achieve a policy goal he cannot manage by honest means.
Indeed, it is still more cynical and deliberate than that. The president knows he can't say, "No one will get any benefits after 2030, so help me replace Social Security with private accounts." So, just as he and his associates did during the build up to the Iraq war, he uses paraphrases, work-arounds and slippery repetitons to communicate the intended falsehood while still providing himself with sufficient wiggle room to evade being tagged as a liar.
So here, for instance, he states that young people think they'll never collect Social Security benefits. Then he says that's "probably an exaggeration to a certain extent." And then he goes on to say that it's precisely the young people who are knowledgable about Social Security who think this. The clear implication, the meaning he intends to convey, is that this dire prediction is at least more true than not, when in fact, as we've noted, to the extent we can know anything about the future, it's not even close to being true.
Like I said, do reporters call him on it? Even toss a question to McClellan?
Late Update: According to the LAT, the president told one 27 year old at his Social Security event, "At your age [Social Security] will be bust by the time it comes for you to retire." And then later, "If you're 20 years old, in your mid-20s, and you're beginning to work, I want you to think about a Social Security system that will be flat bust, bankrupt, unless the United States Congress has got the willingness to act now."
It's certainly what he wants them to think. Chief Executive as confidence man.
More baloney from Dobson's outfit. Crosses banned from Inauguration!
If you have a blog and can't think of a topic to dig into today, try reading through this online Q&A the White House just held with Chuck Blahous, President Bush's Social Security phase-out <$NoAd$>maven.
Listen to this exchange with "Stuart" from New Jersey (italics added) ...
Stuart, from New Jersey writes: How can we make the transition to invester owned social security without incurring 2 trillion in dept to fund current citizans recieving assistance?
Chuck Blahous As long as we have a Social Security system, there will be costs no matter what we do. The Social Security Trustees have told us the cost of maintaining the current system without change. It is approximately $10.4 trillion, in present value. That is the extra revenue that the system would need to have on hand today, above and beyond all payroll taxes, to meet the gap between taxes and promised benefits.
A number of comprehensive proposals have been put forward, some by Members of Congress, others by the Presidentâs bipartisan Commission to Strengthen Social Security. President Bush has not selected a specific reform proposal. Several of these proposals would fix the system permanently while considerably reducing the cost of sustaining the system under current law.
The current system would begin its âtransitionâ from the black to the red in 2018. From that date onward, under current law, the current system would face a deficit that is growing worse with each following year. The President has proposed that we head off this event by beginning to invest now in the future of Social Security. We can do this for far less than the $10 trillion cost of sustaining the current system.
Okay, a walk down TPM's memory lane. <$NoAd$>Back in 2002 we brought you the NRCC (the GOP's House campaign committee) internal memo instructing candidates how to bully reporters out of using the term 'privatization' to describe their Social Security proposal --- this notwithstanding the fact that this was the word they themselves chose to describe their plan and never had a problem with until their pollsters told them to drop it.
The memo also gave general guidelines on how to run away from their support for President Bush's phase-out plan.
Some highlights ...
Democrat attempt to label GOP position on Social Security as favoring "privatization" presents serious threat. GOP, Members, and candidates must fight back against this label.
AARP is a dangerous adversary in this debate. They have greater credibility than any entity on this issue and are not viewed as partisan.
Candidate must focus on messages that reassure voters/seniors that they will not cut benefits and that nothing will change with their Social Security.