Monday, March 11, 2013

True Aim of Deficit Scare-Mongering: To Gut Social Security and Medicare | Common Dreams

True Aim of Deficit Scare-Mongering: To Gut Social Security and Medicare | Common Dreams
"Attacks on entitlement programs and income supports raise a troubling question. Why are conservatives so intent on cutting them? To be sure, there is the general conservative hostility against government spending, and against those they look down on as “dependent” on the government. Entitlements, however, also place a floor under wages and substantially reduce the pain of unemployment. Pulling this floor out from under American workers would almost certainly cause wages to fall precipitously for most working-class people. A cynic might wonder whether this isn’t, after all, the real goal of conservative deficit hawks and their big-business backers."

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