Share on Google Plus Share on Twitter Share on Facebook 3 Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend 2 (5 Shares)  
Printer Friendly Page Save As Favorite View Favorites View Article Stats   3 comments

OpEdNews Op Eds

The Top 12 Political Fallacies of 2012

By (about the author)     Permalink       (Page 2 of 5 pages)
Related Topic(s): ; ; ; ; ; ; ; ; ; ; (more...) , Add Tags  (less...) Add to My Group(s)

View Ratings | Rate It

opednews.com Headlined to H4 12/30/12

No, and No.

Yes, Social Security has a projected long-term shortfall in its ability to pay benefits, starting in 2036 or so. But that projection's based on a lot of different assumptions -- including the assumption that we won't fix our wage stagnation problem, that we can't put a lot more people back to work, and that we lack the political will to lift the payroll tax cap to make up for the shortfall in revenue caused by the unexpected increased in six-, seven-, and eight-figure income as the result of growing wage inequity.

And anyone who says that retiring Baby Boomers are part of the problem is peddling snake oil. The last Boomer was born in 1964, and we fixed Social Security in 1983. At least, it was fixed until the top 1 percent -- and top 0.1 percent -- started hijacking our national income.

What's changed since 1983? We didn't produce more Boomers. In 1983 the youngest of them was already old enough to drive to the record store for the latest Huey Lewis and the News album.

What we HAVE produced is more wealth inequity.

4. Medicare benefits need to be cut, too.

Medicare has a serious long-term cost problem. But cutting benefits won't help -- whether it's done by raising the Medicare age, by limiting what it pays for, or imposing arbitrary caps on what it will spend.

If we do those things, overall health-care costs will continue to rise. And we'll have sicker seniors, more seniors in poverty, and seniors who don't live as long.

Means-testing won't cut it, either. Scratch most means-testing proposals and you'll find they're not targeting "millionaires and billionaires" -- they're aimed at the middle class.

We already know how to handle "millionaires and billionaires" more fairly: Raise their taxes. That's simple, clean, efficient, and fair.

The only way to fix our Medicare cost problem is by fixing the impact of unrestrained greed on our health-care system. We need to do something about that -- now.

We don't need to cover less. We need to pay less.

5. We're "living beyond our means."

More snake oil. It's undertaxed corporations and billionaires who are living beyond our nation's means, by claiming an inordinate and unearned share of our nation's wealth and not paying their fair share of taxes for it.

We have the means to be the country we've always been. What we've lacked is the political will to buck the moneyed forces who are dismantling a system that's worked for 75 years.

Ours is a country that won two world wars. We once led the world in economic growth and blazed the way in science, technology, and the arts. We decided to send human beings to the moon and back in ten years ... and did it.

Next Page  1  |  2  |  3  |  4  |  5

 

http://www.huffingtonpost.com/rj-eskow/the-dumbest-bipartisa

Host of 'The Breakdown,' Writer, and Senior Fellow, Campaign for America's Future

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon

The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Writers Guidelines

Contact Author Contact Editor View Authors' Articles

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

How to Fix the Fed: Dismiss Dimon, Boot the Bankers, and Can the Corporations

The Top 12 Political Fallacies of 2012

Pawn: The Real George Zimmerman Story

What America Would Look Like If Libertarians Got Their Way

"F" The Bureaucracy! The White House Can Help Homeowners Right Now

The Price of Evil at JPMorgan Chase

Comments

The time limit for entering new comments on this article has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
3 people are discussing this page, with 3 comments
To view all comments:
Expand Comments
(Or you can set your preferences to show all comments, always)

that Homo sapiens will actually be here in two or ... by Daniel Geery on Monday, Dec 31, 2012 at 9:29:54 AM
By candidly assessing the truth of the situation a... by Don Caldarazzo on Tuesday, Jan 1, 2013 at 1:28:13 PM
By far, the largest part of gov't spending is the ... by Kathleen O'Grady on Tuesday, Jan 1, 2013 at 4:06:19 PM