Bloomberg: Obama Aides Say Social Security No Threat to Nation’s Finances

[dennis4868]

But I was told by DUers that he is going to kill Social Security! Sometimes those darn facts get in the way of a good narrative!


Feb. 25 (Bloomberg) -- Obama administration officials are rejecting the idea of making major changes to Social Security as part of a debate over reining in the national debt, a stance that’s drawing protests from deficit-cutting advocates.

White House Budget Director Jack Lew and Jason Furman, deputy director of President Barack Obama’s National Economic Council, both stressed this week that Social Security isn’t facing an immediate funding crisis and should be viewed separately from moves to reduce the federal budget deficit.

Their comments go further than Obama did in his Jan. 25 State of the Union address in erecting a fence around Social Security, signaling a desire to delay any action on the federal retirement program until a later date.

More here....http://www.businessweek.com/news/2011-02-25/obama-aides-say-social-security-no-threat-to-nation-s-finances.html

[Demeter]

1. Look up the meaning of Legerdemain

and then get back to us.

[dennis4868]

2. Okay, I looked it up....

now what?

[RC]

3. Go shopping for a refrigerator crate and a nice newer bridge to put it under.

Older bridges are in too much disrepair to trust living under.

[Demeter]

4. OR: fight for your life--Egypt style

:rofl:

[dennis4868]

8. My god, a repub is going to be in the WH...

in a couple years and then we are all screwed all because of us....

[Enrique]

5. they're contradicting their boss

the reason DUers including myself have been screaming about Obama and Social Security is that when asked about the deficit, he pointed to Medicare and Social Security.

[dennis4868]

7. Don't think he ever....

mentioned social security....the irrational anti Obama people here keep saying that but I have not seen the evidence....

[Avant Guardian]

6. Action?

Words are loud but uneffective

[ClarkUSA]

9. Hahaha! Never doubted it. What will be the next bullshit meme about big bad Obama, I wonder?

Jane Hamsher and her FDL fans must be choking on their bile right about now.