BETRAYAL
'I Feel Like I'm Watching the Democratic Party Commit Suicide'
Liberals tear their hair over Obama's social security cuts
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The Democratic grassroots are continuing to rage against Obama's fiscal cliff "concessions" on social security.
"I feel like I'm watching the Democratic party commit suicide," wrote One Pissed Off Liberal in Wednesday's "most-recommended" diary on the Daily Kos. "This is what Barack Obama will be remembered for – dismantling the hard won human progress of the New Deal and serving up the poor and elderly on a platinum platter."
Seeing Obama bend over backwards on social security brings on "that old sick feeling," writes Paul Krugman on his blog, The Conscience of a Liberal.
Under Obama's plan, social security would be $136 less per year for 65-year-olds, $560 less for 75-year-olds, and $984 less per year for 85-year-olds. Payments would be tied to the cost of living using the "chained CPI" method. The AARP and various veterans groups have all condemned the plan.
If Obama's deal goes through, it will mean leading Dems, including Harry Reid, Nancy Pelosi, and Joe Biden, will all be breaking their pledge to voters not to touch social security.
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Are Democrats acting badly if they agree to these social security cuts? |