Hoover Repeats Classic GOP BS - Cenk Bites

Email Print posted by perdido619 09/04/2008 06:45:40 PM EST

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Social Security and Medicare are trusts and not funded through the Federal Budget. To refer to them in budgetary disc ussions is dishonest. Budget deficits have nothing to do with SS or Medicare.

In fact, a major budgetary issue has been the practice of 'borrowing' from these trusts to bridge budgetary gaps.

Did I misunderstand her assertion or did Cenk give her a pass on this?

EDIT - I just watched the replay. She DID make the assertion, and he DID give her a pass on it - but I understand why. It's much more interesting (and fun) to watch a libertarian (and a HOOVER !!!) discuss SS.

And I did see that he mentioned the Trust and 'borrowing' issues that were mentioned in the original post ( I must have been typing furiously at that point).

That was a MUCH more entertaining discussion for various reasons than making her defend GOP budget issues, which she (or to be fair, anyone else) wouldn't have been able to do.

And the performance art aspect of this interview was priceless - I get it.
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Hoover Repeats Classic GOP BS - Cenk Bites | 2 comments (2 topical, 0 hidden)
Budget (none / 0)
These will become budget issues more as the money coming in becomes less than payouts and they need to be funded from general tax revenues, not only designated taxes. Medicare will fall into this problem sooner. I trust Obama and Dems much more on solving this than Republicans who would rather eliminate all this and allow "free market" solutions. What they mean is the rich will do great, the rest of us get screwed.

by stanski on 09/04/2008 07:00:57 PM EST

Agreed (none / 0)
I agree - but I think the more immediate point was their discussion was about fiscal responsibility and deficit spending. Hoover ran away from this, falling back on the cliche assertion of blaming the deficit on SS and Medicare, thereby avoiding accountablitity for irresponsible (euphemism for 'criminal') spending AND blaming Dem ideas (SS & Medicare) for the current annual deficits.

But , yeah, it WILL be a REAL budgetary issue in the future, along with the MUCH bigger and scarier issue of interest on debt.

by perdido619 on 09/04/2008 07:20:04 PM EST

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Hoover Repeats Classic GOP BS - Cenk Bites | 2 comments (2 topical, 0 hidden)
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