It’s getting harder and harder for me to accept the conventional wisdom about the brilliant political minds at the Bush White House. Karl Rove & Co. are touted as visionary strategists who can navigate any political waters with their special blend of vision, acuity, and shrewdness. But if these geniuses are so smart, how do you explain last night’s press conference?
Reports surfaced yesterday afternoon that we’d finally start to get some specifics from the president about his Social Security plan. That didn’t happen. In fact, Bush identified the smartest possible course — and did the exact opposite.
Let’s take stock. The White House is losing the Social Security fight badly, Republicans in Congress are panicking, conservatives are looking for an exit strategy, and the more the public hears the president’s pitch the less they like it. Bush responds to this situation by going on prime-time television to announce:
* The private accounts everyone hates are non-negotiable
* He’s cutting Social Security benefits, especially for the middle class
* There’s still no specific plan
This is the plan to right the ship and turn the Social Security debate back in Bush’s favor? I must be missing something because no one’s going for this.
Democrats are ready to pounce on Bush for his plan to index benefits to prices rather than wages, which they say will mean a major benefit cut. “For the first time ever, you’ll see a Social Security solvency plan that is solely based on deep cuts to the middle class,” said Gene B. Sperling, who was President Bill Clinton’s economic adviser.
And conservative Republicans will balk at his call last night for “progressive indexing,” which would reduce future payments for middle- and upper-income retirees by linking increases to prices rather than wages. Stephen Moore, a leading proponent of personal accounts, warned of a “nightmare” in which benefit cuts “cost Republicans the Senate in 2006. He has a clear conundrum right now.”
For four months, Bush’s push for privatization has fallen flat. His approach to cutting benefits through indexing will be even less popular. From a political perspective, it’s as if Bush is saying, “Hope you’ve enjoyed the broccoli for four months; now I have brussel sprouts!”
Maybe Bush wants to lose the debate. Frankly, I can’t think of any other explanation.