Privatization stops for nothing

When the White House announced shortly after last year’s election that privatizing Social Security would be the president’s top domestic priority, Bush aides really weren’t kidding.

“[White House spokesman Trent] Duffy asserted that the vast spending that would be required to address the hurricane’s impact adds to the need to change Social Security, which threatens to strain the budget in coming years.”

Have we really strayed this far from reality? Have facts, circumstances, and a sense of shame abandoned the Bush gang to the extent that Trent Duffy believes a $2-trillion privatization scheme that no one wants is more necessary in light of the Katrina disaster?

For what it’s worth, the Bush gang may see some inexplicable connection between the devastation and privatizing Social Security, but Republicans in Congress are pretty much done with the whole idea.

With two Supreme Court vacancies and a massive hurricane-relief effort dominating the agenda now, senators said they don’t think they will act on Social Security legislation this year, which would be the final blow to President Bush’s signature domestic issue.

The Senate was already having major problems agreeing to a Social Security proposal — even Republicans couldn’t agree on whether a bill should include the Social Security private accounts Mr. Bush has pushed for. With recent events, members on both sides of the aisle said chances of action are even more unlikely.

“It’s off the radar,” said Sen. Gordon H. Smith, Oregon Republican, adding that hurricane relief is much more important now, and Social Security is an issue “we’ll eventually deal with” down the line, though not likely this year.

“Social Security? I think not much is going to happen there this year,” agreed Sen. Judd Gregg, New Hampshire Republican.

Looks like Bush is going to need a new signature domestic policy initiative. Where’s that Mars plan we were hearing about last year? Or maybe some kind of new anti-steroid policy?

It’s not that it is just being abandoned, it’s that it’s being abandoned after Bush ramped up the rhetoric that to do nothing now would be a crucial mistake.

Can you dig up some of the messages of urgency Bush used to describe the situation? Boy cries wolf, a hurricane comes, the town realizes that the wolf was actually a dog. If the wolf was a wolf to begin with, nothing would change it into a dog. The story here is that the dog was a dog all along.

  • Actually, I believe that Bush’s final SS proposal
    included both privatization and benefit
    reductions, so I think Duffy probably means
    that seniors have to get whacked another
    52 billion to pay for Katrina. Somebody has
    to pay for it, right? Otherwise, how do they
    justify elimination of the estate tax, which
    is our number one national priority, along
    with privatization?

  • Hey, the Mars mission isn’t a bad idea. Have you looked at the value the spin offs of the space program at its peak provided to our economy? Hiring someone to understand the ecology of the ship for the length of that kind of mission is the closest Bush’s administration might get to doing some non-politicized science.

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