Winter Donation Drive

We're in our 16th year of exposing Washington lies and untangling media deceit and need you now more than ever. Can you spare $20 for 2020? If so, then please donate today and read more about why we need your help.

Read time: 2 minutes

Post Attacks Biden For 'Pandering' On Social Security

Could the Washington Post be any more detached from the people who will bear the brunt of their casual policy "suggestions"? Yes, the Very Serious gang was speaking just the other night over G&Ts, and they straightened out all the country's

[oldembed src="https://www.youtube.com/embed/9-Pltq5Gh1M" width="425" height="225" resize="1" fid="21"]

Could the Washington Post be any more detached from the people who will bear the brunt of their casual policy "suggestions"? Yes, the Very Serious gang was speaking just the other night over G&Ts, and they straightened out all the country's economic problems at the expense of the rest of us. Huzzah!

And get this: They attacked Joe Biden for "pandering" on Social Security. The publication that defines pandering attacks Joe Biden, God bless 'im. Dean Baker had this to say about the whole thing:

The Washington Post once again confounded its critics who insisted that it couldn't get any worse. Yesterday the paper ran an editorial that criticized Vice President Joe Biden for his lack of courage when he committed the administration to a policy of not cutting Social Security. Biden repeatedly told an audience in Southern Virginia that he guaranteed there would be no cuts to Social Security in a second Obama administration.

The paper then laid out its case for cuts to the program and outlined its plan:

"Tweak the inflation calculator and moderately raise the income limit for applying the payroll tax, and you can shore up Social Security with no harm to the safety net."

Did you catch the cuts in that sentence? If not, that is what "tweak the inflation adjustment" means. It means reducing the size of the benefit by 0.3 percent annually. This cut accumulates over time to roughly 3 percent after 10 years, 6 percent after 20 years, and for those who collect benefits long enough, 9 percent after 30 years. Certainly many people might think that a 9 percent cut in benefits for 10 percent of retirees who rely solely on Social Security for their income, or the 30 percent of retirees who rely on it for more than 90 percent of their income, does some harm to the safety net.

The great part of this story is that in an editorial condemning Biden's lack of courage on Social Security, the Post used a euphemism for cuts that probably eluded most readers. After all, cutting benefits for retirees by 0.3 percent a year doesn't sound very nice, tweaking the inflation adjustment is much friendlier.

Winter Donation Drive

For 16 years we have been exposing Washington lies and untangling media deceit. We work 7 days a week, 16 hours a day for our labor of love, but with rising hosting and associated costs, we need your help! Could you donate $20 for 2020? Please consider a one time or recurring donation of whatever amount you can spare. It will be greatly appreciated and help us continue our mission of exposing the real FAKE NEWS!

Via PayPal:
Or mail checks to:
CrooksandLiars.com
PO BOX 66310
Los Angeles, CA 90066

Comments

We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service (revised 3/17/2016) for information on our posting policy.