Steve also points out that Reid may even be wrong on his 20-year claim. Thanks to the ongoing POR (Pelosi-Obama-Reid) Economy, Social Security’s actuaries have blown their near-term cash flow forecasts by $82 billion, with the system consistently paying out more in benefits than it is collecting in taxes right now. The full impact of this ongoing shortfall was not known when the system’s trustees issued their report last year, when they projected the need for a 25% across-the-board benefit reduction in 2037 if nothing is done. Steve thinks that the year of the draconian benefit cut is now more like 2029. That’s 18 years, Harry.
Beyond that, Harry missed the part of last year’s report where the Trustees said that the Disability Fund would be totally depleted by 2018. That’s only seven years, Harry.
This train wreck has been at the station for well over a year, and Reid’s walking around the debris as if there’s been no damage. The irresponsibility is breathtaking.
Even libs are having a hard time with our President engaging in bracketology in the current domestic and world circumstances. One of them freely admits the obvious — that if Bush 43 had done so in a similar situation, he “would have gotten more barbecued for this …. Anyone who thinks that he didn’t – he wouldn’t – is crazy.”
This would be national news if done by a conservative or Republican person or group.
A week ago, the new, improved, HuffPo-energized AOL laid off 900 people (200 in the U.S., 700 in India) — “insiders said most of the (AOL news) sites have been gutted.”
Michael Ledeen at Pajamas Media — “What Would a Desperate Wimp (President) Do?”
A wimp is a “a weak, ineffectual, timid person.”
Ledeen isn’t name-calling. He’s observing.
Speaking of reality-based labels, I’ve been meaning to share a couple of comments I found on a lefty web site earlier this month (the site won’t get any traffic from me, but if you need to see the originals, copy about ten words, paste them into a search engine, and you’ll find ‘em; both commenters are clearly active, consistent hardline libs; bolds are mine):
March 7th, 2011 at 2:35 pm
LOL…I now see Barry as a punk guy, who got offered power and took it. He’s workin’ for the other side of midnight…we got duped, and he has no shame or remorse at all. The other one another narcisstic liar and cheater….kchchkcht…spitooey…in their general direction..
March 7th, 2011 at 3:02 pm
That makes at least 2 of us seeing this guy as a punk.
He has no liberal core beliefs as he will compromise these in a heartbeat. He’s a reagan kid trying to gauge what suits his political interest , thus:
Ignore black constituency because they’ll vote for me regardless,
Toss the gays a few bones because there vote and money aren’t for sure,
Say a few nice words about unions but don’t get too passionate about it because a few independents might hate unions,
speaking of independents, better keep some of the bush stuff cause the indies may like it,
Suck up to corporations and the chamber of commerce because mucho moola is always a good thing.
Who said that far-lefties and sensible conservatives couldn’t find common ground? There is clear agreement that our president is a punk.