Representative Jerrold Nadler, Democrat of New York, said he feared the one-year cut in the Social Security payroll tax, to 4.2 percent from 6.2 percent on income up to $106,800, would weaken Social Security because Republicans would insist on it being made permanent, and Democrats would relent. “We know that politically once you make that tax cut it will be impossible to restore it,” Mr. Nadler said.
Bush could only dream of the job Obama has been doing on public education and Social Security.
The same media figures and pols crowing about the tax cut deal today will be shrilly whining about Social Security's insolvency in a few years.
Heckuva job, Obama.
He really is a Manchurian candidate - for the corporate right-wing.
Where is Frank Sinatra when you need him?