Braying jackass of the week award -- in a rich week I must add -- to house majority leader Steny Hoyer, for lumping "reform" of the Social Security retirement system with health insurance.
Here's Chris Bowers on the topic, in paraphrase: "Hey, why not? Let's open the tax books here. Maybe we oughta pop the tax cap on SSI!"
Why is raising payroll taxes the hee-haw answer to everything?
At least this raise is on the better-off jobsters, the merit and hustle crowd. But what if, once the cougar's out of the bag, our beloved corporate-congo morph magic steps in, and on our way to the thousand years of solvency we get something more like this --
"Administration officials said that if Congress were to act immediately, the impending gap could be filled three ways: by raising workers' Social Security payroll taxes by 2 percentage points, from 12.4 percent to 14.4 percent; by reducing benefits by 13 percent; or a combination of the two approaches. The officials briefed reporters on the condition of anonymity on the technical aspects of the trustees' findings."More fun for pointy-heads. "Do the virtuous sacrificing bit, you wage hogs. An uncap on your betters and craftiers -- don't make us laugh. Its your gray years' dole plan, anyway, right? So you oughta foot the bill -- right?"