They call social security the third rail of politics, because whenever someone tries reforming or talking honestly aboot it, they have a habit of electrocuting themselves politically. So, for a guy who is an election cycle away from being Speaker of the House, what did John Boehner go and do?
I don’t get it personally because I still have thirty-years to go and the way things look there won’t be any social security left for me when I get there. The way the system was created, the government would take money from you your entire life that they promised to give back to you when you turned sixty-five…at a time when they were expecting you to die when you turned sixty-two. That was seventy-ish years ago, and people have been afraid to tinker with it since then.
You have Chris Christie scoring points in New Jersey for saying that the voters are ready to be treated like adults and have leaders speak honestly to them aboot hard choices. I wondered if that’s what led Boehner to say…
“We’re all living a lot longer than anyone ever expected,” Boehner said in a meeting with the editors of the Pittsburgh Tribune-Review. “And I think that raising the retirement age — going out 20 years, so you’re not affecting anyone close to retirement — and eventually getting the retirement age to 70 is a step that needs to be taken.”…
Boehner also floated several other reforms to Social Security, paired with raising the retirement age, to make it more solvent. Boehner said benefits should be tied to increases in the Consumer Price Index (CPI) instead of wage inflation, and he suggested reducing or eliminating benefits to Americans with a “substantial non-Social Security income” while retired.
“We just need to be honest with people,” he said. “I’m not suggesting it’s going to be easy, but I think if we did those three things, you’d pretty well solve the problem.”
Don’t get me wrong, I admire the candor. Anyone who is intellectually honest knows that you can’t fix the deficit or our growing debt (which is now a national security issue) without so serious reforms to our entitlements, and social security is at the top of the list.
I’m just wondering when the demagoguery from the Democrat Party or the commercials from their benefactors in Big Labor start. I also wonder if Republicans are going to have the balls to push back.