Buy WILLisms

XML Feed

Featured Entries

The Babe Theory Of Political Movements.
Mar. 21, 2005 11:50 AM

Iran's Sham Election In Houston.
June 20, 2005 5:36 AM

Yes, Kanye, Bush Does Care.
Oct. 31, 2005 12:41 AM

Health Care vs. Wealth Care.
Nov. 23, 2005 3:28 PM

Americans Voting With Their Feet.
Nov. 30, 2005 1:33 PM

Idea Majorities Matter.
May 12, 2006 6:15 PM

Twilight Zone Economics.
Oct. 17, 2006 12:30 AM

The "Shrinking" Middle Class.
Dec. 13, 2006 1:01 PM

From Ashes, GOP Opportunities.
Dec. 18, 2006 6:37 PM

Battle Between Entitlements & Pork.
Dec. 21, 2006 12:31 PM

Let Economic Freedom Reign.
Dec. 22, 2006 10:22 PM

Biggest Health Care Moment In Decades.
July 25, 2007 4:32 PM

Unions Antithetical to Liberty.
May 28, 2008 11:12 PM

Right To Work States Rock.
June 9, 2008 12:25 PM



Blogroll Me!



July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
December 2005
November 2005
October 2005
September 2005
August 2005
July 2005
June 2005
May 2005
April 2005
March 2005
February 2005
January 2005
December 2004

Social Security Reform Thursday.
March 13, 2008

Caption Contest: Enter Today!
Due: July 29, 2008

The Carnival Of Classiness.
Mar. 14, 2006

Quotational Therapy: Obama.
Apr. 4, 2008

Mainstream Melee: Wolfowitz.
May 19, 2007

Pundit Roundtable: Leaks.
July 9, 2006

A WILLisms.com(ic), by Ken McCracken
July 14, 2006


Powered by Movable Type 3.17
Site Design by Sekimori

WILLisms.com June 2008 Book of the Month (certified classy):

The WILLisms.com Gift Shop: Support This Site


This Week's Carnival of Revolutions: carnivalbutton.gif

Carnival Home Base: homebase.gif


« Trivia Tidbit Of The Day: Part 402 -- Public Funding For Abortions. | WILLisms.com | Trivia Tidbit Of The Day: Part 403 -- American Companies Can't Win The Auto Wars Without Big Structural Changes. »

Quotational Therapy: Part 122 -- Max Baucus.

All Options On The Table For Thee, But Not For Me-

More Social Security absurdity from Max Baucus, as reported by The New York Times (via Don Luskin):

Senator Max Baucus of Montana, the chairman of the Finance Committee, a critical venue for any Social Security plan, said he too believed the president must give up his private accounts before serious talks could occur. If so, he added, ā€œIā€™m more than open, if the president is truly willing to look at all options.ā€

Astounding. Take personal retirement accounts off the table, and Max Baucus might be open to reforming Social Security, but only if President Bush is willing to leave all options (read: tax hikes) on the table.

How does Max Baucus intend to reform Social Security without personal accounts?

A. Raising the cap on payroll taxes?
B. Raising the rate on payroll taxes?
C. Hiking taxes elsewhere while using gimmicky accounting to smooth everything over?
D. Cutting or slowing the growth of benefits?
E. Delaying (higher retirement age) or denying (means testing) benefits for some?
F. Pray for (or, better yet, proactively work toward) abnormally rapid economic growth, which would mitigate the crisis somewhat?
G. Pretending everything is fine; pretend to be working hard on finding a solution?

There are plenty of letters remaining in the alphabet, but not a whole lot of additional options, absent personal accounts. I can see most Democrats and some Republicans going for tax hikes. I can see for some Republicans but very few Democrats going for various sorts of benefit "cuts." Answer 'F' is laughable, considering all the socialist regulations and punitive taxes Democrats are pushing in Congress right now.

Which leaves us with "do nothing," which is really what Max Baucus should have told the NYT reporter.


Only in Washington can you arbitrarily take THE optimal option off the table, and simultaneously demand that all options are on the table, and pretty much get away with it.

Previous Quotational Therapy Session:

Mark Sanford.

The right quote can be therapeutic, so tune in to WILLisms.com for quotational therapy on Monday and Friday.

Posted by Will Franklin · 22 January 2007 08:45 PM


We're so finished as a nation.

Posted by: Ken McCracken at January 22, 2007 09:52 PM

Posted by: Hoodlumman at January 22, 2007 11:50 PM

Good post.
We have all looked at the numbers and realize this ponzi scheme can not endure over time in its present state.

Has anyone factored into the equation all the illegal aliens in this country(and their future imported relatives) that will receive benefits if this horrible amnesty bill is passed?

And no doubt in my mind that the vast majority of these illegals will pull the "Big D" lever in elections shortly after they are empower to vote, if they are not voting already.

Posted by: Eneils Bailey at January 23, 2007 05:15 AM

I am all for D and E. And honestly, D and E need to happen anyway.

I want Social Security gone in general, but realize that SSD (the Disability portion) is probably a necessary evil. I think that unless you can prove that you are completely disabled and prevented from working, no one deserves a retirement paid for on the backs of other citizens.

As soon as we start telling people that, all the retirees that "paid into" social security their whole lives will clamor about how they paid in and should get something back and then you tell them that Social Security is not a "retirement account" but rather another government tax that they have been duped into paying. If it was a "retirement account" that you owned, you might be entitled to benefits. Plain and simple. It is one or the other. And we all know what it is... a tax with no promise of being given back. And that is the thing about taxes, it is as soon as we lose sight that taxes are the government taking our money which they may or may not ever return, we start being a little more cautious about authorizing Congress to increase the amount of money they take.

Social Security needs to go.

Posted by: Justin B at January 23, 2007 11:48 AM

Baucus tries to use the Montessori kindergarten trick by sharply limiting the options and then saying "Now, Dakota, you can do anything you want for work this morning." The difference is, in the Montessori example it is the hearer that is tricked and the speaker who knows the real story (wink, wink). In the Social Security example, my guess is that it's Baucus, the speaker who really thinks those are the only "real" options.

Posted by: Assistant Village Idiot at January 23, 2007 06:18 PM