"America is in the midst of two major changes to its population: We are becoming majority non-white at the same time a record share is going gray. Explore these shifts in our new interactive data essay."
Paul Ryan. Seven-term congressman for Wisconsin's 1st District. Chairman of the powerful House Budget Committee. Architect of the controversial Ryan Budget -- a "Path to Prosperity" [PDF - video - CBO] that would slash trillions from the federal budget, sharply curtail taxes on the wealthy, and transform Medicare into a private voucher system. Proponent (vid) -- and renouncer -- of Ayn Rand 's Objectivism. Social Security beneficiary. Hunter. Weinermobile driver. And as of this morning, the 2012 Republican candidate for Vice President of the United States of America. [more inside]
"We’re not going to say, 'Give it to me and let my grandchildren suffer.' I think they underestimate seniors when they think that way." But 71-year-old Barbara Sullivan cannot imagine asking people to pay higher taxes. And as she considered making do with less, she started to cry." (slnyt) [more inside]
Obama proposes Social Security cuts. Amid ongoing debt talks wherein the Democrats are seeking to raise the debt ceiling to prevent the default of Federal debt, "entitlement reform" has been a hot topic. This morning, Obama has taken the unusual step of proposing even larger spending cuts than Republicans have asked for, mystifying many. Has the Grand Bargain arrived?
The Gray And The Brown - why the baby boom generation's concerns about race may mean that it's stabbing itself in the back as it moves into retirement.
Yesterday President Bush said, "Some in our country think that Social Security is a trust fund -- in other words, there's a pile of money being accumulated. That's just simply not true. The money -- payroll taxes going into the Social Security are spent." Is he advocating that the US default on its Treasury bonds?
I wasn't sure what Move On would do after the election and inauguration, but it appears they are coming out with guns blazing over Social Security. Tomorrow they'll take out a full page ad in the NYT (pdf) and start spreading a new commercial (wmv) that is reminiscent of the "working kids" Bush in 30 seconds ad (I assume they hired the same director).
Congressman dies of rare disease Congressman Bob Matsui, who was recently elected to a 14th term in Congress, has died due to a rare stem cell disease. Matsui, who was one of the leading opponents of President Bush's plan to eliminate Social Security, was the ranking Democrat on the Congressional subcommittee on Social Security.
AARP Says No To Bush ... The AARP is coming out strong against private Social security investment accounts, saying they "will actually make the problem worse, not better." In January they plan to spend $50 million on an ad campaign opposing privatization. Kevin Drum of The Washington Monthly has also been awesome in pointing out that the common wisdom that Social Security is in trouble is just not true.