Perhaps Democrats should give some serious thought to amplifying this statement from Chairman of the Ways and Means Subcommittee on Social Security, Rep. James McCrery (R) of Louisiana.
“The AARP and the Democrats think if you divert some money from the trust fund,” the existing program will be undermined, McCrery said. “That is true on its face. It does decrease the level of the trust fund. Politically, that’s going to be a very strong tool that (opponents) can use to defeat a plan.”
That’s quite <$Ad$> a thing for someone in his position to say. The Republican with the Social Security portfolio in the House says that diverting money out of Social Security into private accounts weakens Social Security.
Just yesterday, according to the Los Angeles Times, a Bush aide conceded that implementing “individual accounts would do nothing to solve the system’s long-term financial problems.” But McCrery goes further, affirming the whole truth, which is that they will not only not improve Social Security’s longtime solvency they will greatly undermine it.
If that’s true, why would anybody be for them?
Did I mention Democrats should mention this?
