From the Ex-Parrot department.
Jacob Weisberg gives it a poke and nothing moves...
George W. Bush's plan to remake the Social Security system is kaput. This is not a value judgment. It's a statement of political fact.The road to that defeat is still strewn with hazards for Democrats, though...
...if Bush is shrewd enough to euthanize carve-out accounts while shifting to make solvency his goal, he will leave his Democratic opponents in a quandary. A package of innocuous tax increases and benefit cuts could extend the life of the trust fund out to 75 years in a fairly painless way. Substantively, it would be hard for even the most partisan Democrats to oppose this kind of compromise...Unless, of course, they had a more progressive, more productive alternative to vote for.
Once again, why shouldn't there be a plan that removes the income cap for FICA, makes no benefit cuts and has a Democrat's name on it?
We've beat back the radical destructionist's worst ideas for Social Security . Isn't it near time to unveil our best, rather than settling for their merely miserable?
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