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54. "Clinton supported following the advice of a bipartisan commission that favored raising..."
Tue May 19, 2015, 10:07 AM
May 2015

Senator Clinton supported following the advice of a bipartisan commission that favored raising the retirement age.

This can be inferred from her exchange during a debate:

OBAMA: Well, no … because the alternatives, like raising the retirement age, or cutting benefits, or raising the payroll tax on everybody, including people who make less than $97,000 a year — … those are not good policy options.

Senator Clinton responded with more wishy-washy defense of her position. Sounding like an old-time Republican, she gave the old mantra of America’s fiscal class war:

“When it comes to Social Security, fiscal responsibility is the first and more important step. . . . And with all due respect, the last time we had a crisis in Social Security was 1983. President Reagan and Speaker Tip O’Neill came up with a commission. That was the best and smartest way, because you’ve got to get Republicans and Democrats together. That’s what I will do.”

She promised not to “impose additional burdens on middle-class families – that is, implicitly defining the middle class as those who earn from $97,000 to $3,000,000,000 per year. This remarkable definition of “middle class” has yet to make it into the sociological textbooks, but I’m sure the University of Chicago will soon make the requisite adjustment.

Senator Obama was quick to respond: “That commission raised the retirement age, Charlie, and also raised the payroll tax.” He said that she was proposing a “magic solution.” (This was the equivalent of “voodoo economics” of which Pres. Bush I accused Ronald Reagan of practicing.)

In the same exchange, she said:

OBAMA: Well, Charlie, what I’ve said is that I would look at raising the capital gains tax for purposes of fairness. We saw an article today which showed that the top 50 hedge fund managers made $29 billion last year – $29 billion for 50 individuals. And part of what has happened is that those who are able to work the stock market and amass huge fortunes on capital gains are paying a lower tax rate than their secretaries. That’s not fair.

… I want businesses to thrive and I want people to be rewarded for their success. But what I also want to make sure is that our tax system is fair and that we are able to finance health care for Americans who currently don’t have it and that we’re able to invest it in our infrastructure and invest in our schools.

In response, Sen. Clinton say said:

CLINTON: … I don’t want to take one more penny of tax money from anybody.”

MODERATOR: Would you say, ‘No, I’m not going to raise capital gains taxes’?

CLINTON: I wouldn’t raise it above the 20 percent if I raised it at all. I would not raise it above what it was during the Clinton administration.

I don't want to call her a Republican, but it sure reads as if a Republican had taken over her brain and made those comments, doesn't it?

Well as you know Hillary will check in with you upaloopa May 2015 #1
I have yet to figure out why he gives a rip. leftofcool May 2015 #3
Do you have something against people being informed? Exilednight May 2015 #49
"We do have a plan. We have a plan for my plan." NYC_SKP May 2015 #4
You have stated your opposition to Hillary upaloopa May 2015 #5
Would it be OK if I post daily facts so that members who are still on the fence can decide? NYC_SKP May 2015 #10
I don't run your life upaloopa May 2015 #11
That's adorable! NYC_SKP May 2015 #12
Don't forget Chelsey's baby upaloopa May 2015 #13
That's who I meant by "another little one who could grow up in the white house"! NYC_SKP May 2015 #15
"Chelsey will be First Lady" - Yow! hootinholler May 2015 #17
Alternating with Bushes, I presume? Jackpine Radical May 2015 #52
never mind, i forgot where i was for a minute NoJusticeNoPeace May 2015 #27
I care what he posts. 99Forever May 2015 #14
well, it's nice and all that you don't worry your beautiful mind on issues cali May 2015 #24
Exactly right. JEB May 2015 #34
That's not fair, Cali. Jackpine Radical May 2015 #53
Bernie is the real populist, he's been fighting for workers his whole career peacebird May 2015 #2
That's the thing - is there really ANYTHING she WON'T say, closeupready May 2015 #9
Considering how she flip flopped on Iraq Sobax May 2015 #56
Yes, compared to Bernie, Hillary is to the right on the important issues. And, compared to ANY NoJusticeNoPeace May 2015 #30
Thanks for the link. "Media Forget Context In Effort To Scandalize Hillary Clinton's Assessment..." Cerridwen May 2015 #6
Here's another enlightening and more recent link from Media Matters: Cerridwen May 2015 #7
Media Matters is an arm of the Clinton campaign. . cali May 2015 #26
Oh, I see. Got it. n/t Cerridwen May 2015 #28
often referred to as HRC's "shadow government". NCTraveler May 2015 #42
I found that reference at breibert, newsmax, townhall, and many Cerridwen May 2015 #43
I just didn't get the comment. NCTraveler May 2015 #44
I consider it a balance against the constant r/w crap that gets Cerridwen May 2015 #45
HRC on Labor Unions KMOD May 2015 #8
thread party pooper lol nt msongs May 2015 #16
. KMOD May 2015 #18
Wow. Sounds kinda nice. Doesn't mean anything. salib May 2015 #19
So, what SPECIFICALLY does she propose to do about the S.S. funding gap? progree May 2015 #20
Privatization, maybe? She seems to be avoiding that third-rail. Not particularly courageous. NYC_SKP May 2015 #21
nope KMOD May 2015 #22
So what SPECIFICALLY is she proposing to do to close the funding gap? (please see #20) nt progree May 2015 #25
Reagan era tax rates? You mean BEFORE he cut the top bracket to 28% (I hope) nt progree May 2015 #23
Reagan top tax rates AND effective tax rates, highest ever: NYC_SKP May 2015 #29
sorry, was getting info for you. KMOD May 2015 #31
Good. So that's raising the cap, with a gap. Good. (Note the rhyme) progree May 2015 #32
I do like the rhyme. KMOD May 2015 #33
Eh... kenfrequed May 2015 #35
I agree. But this seems to be about as progressive as it gets, even Bernie Sanders is for the gap progree May 2015 #37
Well I disagree with him on this one. kenfrequed May 2015 #41
We'll soon (perhaps) get more clarity on Hillary's position on the retirement age and the cap progree May 2015 #48
Bernie Sanders is for the gap in this one from March 2015 progree May 2015 #39
Oops - looks like she walked away from raising the cap? progree May 2015 #47
Oh Crap! Hillary Clinton favored raising the retirement age??? NYC_SKP May 2015 #50
Do you mean "raising the maximum wage cap" in your title? progree May 2015 #51
"Clinton supported following the advice of a bipartisan commission that favored raising..." NYC_SKP May 2015 #54
I will have to look more into it, but my quick reaction is I don't disagree with your last sentence progree May 2015 #57
Well, except I don't agree with your "inference" about raising the retirement age progree May 2015 #60
This should be posted as an OP. If you don't want to, I'll do it. cali May 2015 #58
If you do be sure to include her "no new taxes" statement. NYC_SKP May 2015 #59
Go right ahead. I'm already overdue for getting ready for a trip progree May 2015 #61
more recent comments KMOD May 2015 #62
Lotta wiggle room in there... truebluegreen May 2015 #36
It would be nice if people could make their case for their candidate 6000eliot May 2015 #38
OP doesn't realize that unless he convinces people that Bernie would ... JoePhilly May 2015 #46
I would like to call attention to Hillary's stated views on Welfare daredtowork May 2015 #40
Good Catch. Thanks for that. She does in many ways seem to be running for Bill's third term: NYC_SKP May 2015 #55
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