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Obama's 2009 positions re: social security

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Windy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-11 06:27 PM
Original message
Obama's 2009 positions re: social security
I don't see much if any difference between his stance then and now so far....

Cutting benefits & raising retirement age are wrong answers
Q: You said earlier this year that everything should be on the table for Social Security, including looking at raising retirement age, indexing benefits, and then suddenly you said, “I’m taking them off the table.”
A: That’s not what I said. I said I will convene a meeting as president where we discuss all of the options that are available. I believe that cutting benefits is not the right answer; and that raising the retirement age is not the best option, particularly when we’ve got people who are still in manufacturing.

Q: But in May you said they would be on the table.

A: Well, I am going to be listening to any ideas that are presented, but I think that the best way to approach this is to adjust the cap on the payroll tax so that people like myself are paying a little bit more and the people who are in need are protected. That is the option that I will be pushing forward.

Q: But the other options would be on the table?

A: Well, I will listen to all arguments and the best options.

Source: Meet the Press: 2007 “Meet the Candidates” series Nov 11, 2007

The wealthy should pay a bit more on the payroll tax
Social Security is not in crisis; it is a fundamentally sound system, but it does have a problem, long-term. We’ve got 78 million baby boomers, who are going to be retiring over the next couple of decades. That means more retirees, fewer workers to support those retirees. We are going to have to do something about it. The best idea is to lift the cap on the payroll tax, potentially exempting middle-class folks, but making sure that the wealthy are paying more of their fair share, a little bit more.
Source: 2007 Democratic debate at Drexel University Oct 30, 2007

Privatization puts retirement at whim of stock market
Q: Would you raise the cap for Social Security tax above the current level of the first $97,500 worth of income?
A: I think that lifting the cap is probably going to be the best option. Now we’ve got to have a process back in 1983. We need another one. And I think I’ve said before everything should be on the table. My personal view is that lifting the cap is much preferable to the other options that are available. But what’s critical is to recognize that there is a potential problem: young people who don’t think Social Security is going to be there for them. We should be willing to do anything that will strengthen the system, to make sure that that we are being true to those who are already retired, as well as young people in the future. And we should reject things that will weaken the system, including privatization, which essentially is going to put people’s retirement at the whim of the stock market.

http://www.ontheissues.org/economic/barack_obama_social_security.htm


There are a LOT of ASSUMPTIONS being made here without ANY evidence other than statements made by anonymous sources...

Some people will look for any opportunity to criticize the President.
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TheWraith Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-11 06:29 PM
Response to Original message
1. Kicked and recommended.
Some people on the left love nothing better than attacking our own.
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mmonk Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-11 06:33 PM
Response to Original message
2. What were his positions in 2009 regarding a public option
or closing Guantanamo Bay?
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FreakinDJ Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-11 06:45 PM
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3. point well taken
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