The Post Jihad on Social Security Continues

[Hannah Bell]

Let's see, the economy has lost over 5 million jobs. More than 20 million people are now either without work or can only find part-time work. Tens of millions of families have just lost their life's savings. All of this is due to the fact that the Federal Reserve Board could not confront the financial industry and clamp down on the housing bubble before it grew to such dangerous levels.

The Washington Post reviews this situation, recognizes the failings of our political system, and naturally concludes that we need a special commission to cut Social Security and Medicare. Next week the Post will no doubt feature an editorial noting the problem of global warming and conclude that we have to cut Social Security and Medicare. If the Boston Celtics win the NBA championship, it will probably provide another reason for cutting Social Security and Medicare.

- Dean Baker


http://prospect.org/csnc/blogs/beat_the_press