Thursday, December 23, 2004

Social Security and The Fainthearted Faction

Fuck I'm tired of dealing with all of this stupidity... thank God for Christmas!

Anyway, I'll let Josh Marshall do all the work fill you in on the Fainthearted Faction and their willingness to sell us out to Wall Street:
In any case, a few other points. First, though he is sponsoring a partial Social Security phase-out plan, I will at least give Sen. Graham credit for a level of responsibilty on how to pay for it. He has publicly scolded President Bush's willingness to borrow one or two trillion dollars to finance his Social Security phase-out plan. And he himself has suggested eliminating the caps on payroll taxes (thus incresing the taxes on upper-income workers) to finance the transition.

At the end of the day, he still wants to partially phase-out Social Security and replace it with private accounts. And partial phase-out will lead to total phase-out. But there is some virtue I think in noting cases in which you have fundamental political and philosophical disagreements with someone and yet you can see that they are advocating what you see as bad policies with some measure of honesty and responsibility, in contrast to the likes of President Bush who is doing so with the characteristic recklessness and deception. Graham was also a standout on Abu Ghraib. So, anyway, I just wanted to noted these points.

Sorry-ass lot.

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