Yes Social Security and Medicare are on the chopping block

Created
Wed, 15/02/2023 - 09:30
Updated
Wed, 15/02/2023 - 09:30
They always are Krugman reminds us of the history: But, of course, many Republicans do want to eviscerate these programs. To believe otherwise requires both willful naïveté and amnesia about 40 years of political history. First of all, if Republicans had absolutely no desire to make major cuts to America’s main social insurance programs, why would they sunset them — and thus create the risk that they wouldn’t be renewed? As Biden might say, c’mon, man. And then there’s that historical record. Two things have been true ever since 1980. First, Republicans have tried to make deep cuts to Social Security and Medicare every time they thought there might be a political window of opportunity. Second, on each occasion they’ve done exactly what they’re doing now: claiming that Democrats are engaged in smear tactics when they describe G.O.P. plans using exactly the same words Republicans themselves used. So, about that history. It has been widely forgotten, but soon after taking office Ronald Reagan proposed major cuts to Social Security. But he backed down in the face of a political backlash, leading analysts at the Cato Institute to call for a “Leninist” strategy — their word — creating a coalition ready to exploit a future crisis if and when one arrived. To that end, Cato created the Project on Social Security Privatization, calling for replacing Social Security with individual accounts — which George W. Bush tried to do in 2005. By then, however, Cato had quietly renamed its project; “privatization” polled badly, and Bush insisted that it was a…