POL McCain to go after Social Security reform

Loon

Inactive
July 7, 2008, 6:33 am
Political Wisdom: McCain, Not Shy on the Economy
Here’s a summary of the smartest new political analysis on the Web:
by Sara Murray and Gerald F. Seib

Sen. John McCain, hardly shying from the tough ones on the economic front, plans to promise both to balance the budget and to overhaul Social Security, says Mike Allen of Politico. Opening a week in which both candidates plan to take on the economy–“the top issue in poll after poll as voters struggle to keep their jobs and fill their gas tanks”–McCain will vow to “balance the federal budget by the end of his first term by curbing wasteful spending and overhauling entitlement programs, including Social Security, his advisers told Politico. The vow to take on Social Security puts McCain in a political danger zone that thwarted President Bush after he named it the top domestic priority of his second term.”


Sen. John McCain isn’t shying away from discussing the economy, but he isn’t offering any new plans either. (AP Photo)
The pledge to balance the budget after just one term “is a return to an earlier position he’d later backed away from,” Allen reports. Overall, he says, the economic package McCain will offer “is a repackaging of previous policies, without dramatic new initiatives. Some Democratic officials had thought McCain might try to make a splash by proposing a bold middle-class tax cut.”

Andrew Malcolm of LATimes.com takes a look at the deeper meaning of the McCain campaign’s decision to name as its new political director Mike DuHaime, “whose job will be to provide…nonstop relevant focus.” DuHaime’s most recent job “was to lead the one-time frontrunning GOP presidential campaign of ex-New York Mayor Rudy Giuliani” who, it will remember, crashed “in flames somewhere in the Florida swamps.”

Don’t be fooled by the Giuliani demise, though, Malcolm writes: “Does anyone remember Giuliani’s relentless 9/11 message of last fall? While ultimately unsuccessful in Republican primaries due to a variety of reasons, there was no doubt what Giuliani’s message was. And DuHaime ran that effort.” The DuHaime appointment is “an early sign of the firm, more centralized and pragmatic approach” that new daily campaign director Steve Schmidt has imposed, “hard to believe, fully 18 months into this presidential campaign and less than four months out from the November election, but DuHaime actually replaces no one on the McCain staff.”

The Washington Post’s E. J. Dionne considers Sen. Barack Obama’s stance on the war in Iraq and notes that Republicans are setting a trap for him that he’s not quite sure how to avoid. Dionne quotes New York Times reporters Michael Cooper and Jeff Zeleny for describing it best, saying “Republicans want to place Obama ‘in the political equivalent of a double bind: painting him as impervious to the changing reality on the ground if he sticks to his plan, and as a flip-flopper if he alters it to reflect changing circumstances.’” But Obama’s “high ground on Iraq” is one of his strengths, Dionne writes. “Because Obama’s strongest argument for himself on foreign policy rests on his sound judgment in opposing the war from the beginning, any appearance of waffling on the issue is especially dangerous…At the moment, voters know that John McCain is far more likely than Barack Obama to continue the war in Iraq indefinitely. Obama would be foolish to blur that distinction.”


http://blogs.wsj.com/politicalperceptions/2008/07/07/political-wisdom-mccain-not-shy-on-the-economy/
 

SouthernGal

"Don't retreat...reload"
QUOTE FROM ARTICLE:
"Sen. John McCain isn’t shying away from discussing the economy, but he isn’t offering any new plans either".


That's right. I believe the only candidate who offered new plans on the economy was....... Ron Paul!

Too late now. The MSM continued to pour out the :kaid: and the :sheep: continued to lap it up and this is what you get!
 

Wadi66

Inactive
Overhauling SS? So that means raising the age for receiving benefits, eliminating survivor benefits for children once the surviving parent remarries, provide SS to age eligible illegals....... and the list goes on. Bend over America.

Balance the budget?? That would require a political paradigm shift and we know that will never happen.
 

Y2kO

Inactive
"Social Security" is the money paid into the fed.gov by the people for retirement security, which the fed.gov spends freely on any boondoggle they choose. (It's our money!)

“Does anyone remember Giuliani’s relentless 9/11 message of last fall?

That message failed because his own firemen/policemen knew he was lying and heckle him wherever he goes. Giuliani dropped out because they were organizing to go after him.

McCain will vow to “balance the federal budget by the end of his first term by curbing wasteful spending and overhauling entitlement programs

As Ron Paul proposed, the budget can only be balanced if the Empire is cancelled and the military expenditures are severely curtailed. Instead McCain wants to throw poor elderly to the wolves while he uses the SS money for more tanks.
 

Loon

Inactive
He’s not curbing the #1 item of wasteful spending which is Iraq. Yet he ballyhoos using savings from a “victory” in Iraq and Afghanistan as part of his balance budget proposal. It sounds like he plans to keep a significant troop level in the theater even after victory and the cost of that will come out of entitlements such as social security. Once the social security plan is announced, say goodbye to Florida, Senator McCain.

And he’s going to cut corporate taxes by nearly a third or over $80 billion a year. That’s on top of the significant break he plans to give individuals earning over 250K a year. In all, McCain’s tax cuts would trim federal revenues by over 5 trillion over the next ten years with the lion share of the tax cuts going to wealthy individuals (> 250K a year earnings) and corporations. Since roughly 45% of tax revenues are spoken for through social security, the discretionary tax revenues are about $1.5 trillion.

Put another way, McCain wants to cut tax revenues by over $500 billion a year or roughly a third or discretionary and give them back to corporations and individuals making over 250K a year. In addition, he wants to give everybody a gas tax holiday which economist have already warned him is a bad idea.

Finally he wants to solve the health care problem by giving families a $5k tax credit. That was actually pretty intriguing. No bureaucracy. Use the private sector infrastructure. Simple. So what’s wrong with this picture. Well the first thing is that the average healthcare insurance premium in this country is nearly 12K a year of which employees pay a third. So 5K is a boon for those that have healthcare, but for the 47 million that don’t, it does nothing. Nice try Senator McCain.

So in a time when our standard of living is under attack, our physical infrastructure rots away, and we have no national energy strategy, it appears that McCain’s strategy is turn the problem over to the “talented tenth” and let them figure it out. Until then the other 90% will have to suck it up until they come back with a answer. Good luck with that.
 

mzkitty

I give up.
As some posters above stated, only Ron Paul had a good answer.

As it is, we are stuck with clowns playing in the mud pies they made themselves.

Nothing ever changes, only gets worse.

And the taxpayers pay for it all.


:kk2:
 
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