Post election deficit deal threatens Medicare and Social Security
|By: Kay Tillow Saturday October 6, 2012 2:46 pm|
Sitting with starlings (photo: Monocle / flickr)
The solution is Improved Medicare for All
After the November election, there will be a major effort in Congress to pass a budget deal that will make cuts in Social Security, raise the Medicare and Social Security eligibility age, and perhaps more–unless we act to stop it with a solution that is close at hand.
There is agreement from the Wall Street Journal’s David Wessel to liberal economists Dean Baker and Paul Krugman that the pressure will be on to reach a Simpson/Bowles type of compromise. Such a bipartisan plan would damage our most cherished programs and excuse the dastardly deed by asserting that the cuts are small and necessary because of the deficit.
Those who relentlessly scream at us and finance ads to persuade us that the deficit threatens our grandchildren are obscuring the truth. The fact is that the transfer of wealth from public funds and the rest of us to the super rich is the real crisis. But those who have gorged themselves on this massive transfer of wealth also seek to undermine the Medicare and Social Security which are our grandchildren’s heritage from generations of struggles for a better life.