It all depends on how you frame the issue. If we frame the issue as what we do with the money the CORPORATIONS are saving through the tax cut, then we say we will use some of the money to finance transition costs for any Social Security fix. Which part of the money? Only what the CORPORATIONS would be paying if they had to pay SS taxes on earnings about 500 Grand. It would be taking the corporations’ money from their windfall to help finance Social Security. If you frame it not as punishing the corporate exec, but making use of the corporations’ windfall, and you act as if the 6.9 percent comes entirely from the corporation (which is in one sense true), then you can do it.
Now, if moderate Dems know that personal accounts make sense but need a populist fig leaf, they can clamor about the evil execs all they want. Fine. I’ll let them clamor if it helps me get their votes.
A man of faith in a godless age is hitting Americans where it hurts.
Mr. and Mrs. American Spectator Reader, let P.J. O’Rourke talk sense to your kids.
In Britain, defending your property can get you life.
The debacle of this president’s administration is both a cause and a symptom of the decline of American values. Unless Congress impeaches him, that decline will go on unchecked. An eminent jurist surveys the damage and assesses the chances for the recovery of our culture.
It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
The American Christmas, like the songs that celebrate it, makes room for everybody under the rainbow. Is that why so many people seem to be hostile to it?
Was the President done in by the economy, or by the politics of the economy?