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Last Edit : 2005.08.05

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A favored and effective corporatist strategy is to suffocate a government program of funding until it can't function.  And then to argue that the fact that it can't function is suitable cause to eliminate the whole program, bureau, department, or even agency. A government that hates governance and maintenance of national wealth (such as education and infrastructure), that actively dismantles our tools of governance and "unfunds" nation building right here in America, is antithetical to the common cause.

Social Security Advisory Board Letter to Appropriations Committee 2004

Weisbrot, co-director of the Center for Economic and Policy Research and co-author of Social Security: The Phony Crisis, said today: "Moderator Bob Shieffer told the candidates in last night's presidential debate that Social Security was 'running out of money.' This is false. According to the Social Security Trustees' Report, the standard source for economists as well as both the Bush administration and Kerry campaign, the program can pay all promised benefits without any changes at all for the next 38 years. Beyond that, it could still pay a benefit larger (in real, inflation-adjusted dollars) than beneficiaries enjoy today -- indefinitely. It is unfortunate that what tens of millions of Americans heard about Social Security last night is an urban legend. If Social Security were a private rather than a public entity, it would actually be able to sue journalists for statements like this and win." Institute for Public Accuracy News