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Tuesday, February 08, 2005

Deep Thoughts



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"We're going to borrow $758 [b]illion over the next 10 years to set up the personal retirement accounts. We think that's a manageable amount ... Trillions more after that." - Dick Cheney on Fox News

"Their solution to the problem does nothing to solve the problem -- not me saying it, them saying it. However, it does cost trillions of dollars. In fact, it will cost -- by their own estimation -- much more over the next 20 years than it would to keep Social Security going strong for the next 75 years." - Josh Marshall, Talking Points Memo

[D]espite their Republican voting habits, people from big rural farm states are probably more directly in touch with their cradle-to-grave government largesse. This isn't my usual attack on red state welfare -- I would just imagine that people in farm communities are quite aware of their subsidy checks and their expected Social Security and Medicare retirement benefits. While people in the decadent coastal metropolitan enclaves have various types of corporate retirement benefits and 401K plans and whatnot, which reduce the degree to which people imagine they will depend on Social Security and Medicare, I imagine those on the "family farm," to the extent that such a thing still exists, are well aware of the importance of Social Security to them and their recent ancestors... - Atrios

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