In Roll Call, Nancy Pelosi gloats about the rank partisanship of the Democrats over Social Security reform.
…Pelosi recalled how Democrats defeated Bushâ€™s Social Security proposal after the 2004 presidential election.
Bush, whom Pelosi called â€œreally a lovely manâ€ despite their disagreements, had discussed allowing individuals to invest their Social Security payroll taxes in personal retirement accounts*, which Democrats dubbed â€œprivatizingâ€ Social Security.
Bushâ€™s proposal was a â€œgift,â€ Pelosi said, adding that the key to Democratsâ€™ success was resisting entreaties to offer their own plan to shore up Social Securityâ€™s finances.
Without a Democratic plan to confuse the issue, the attacks against Bushâ€™s plan had more resonance, Pelosi said.
Got that? Bush tried to fix a huge problem for American taxpayers, sticking his neck out, daring to touch the “third rail” of American politics.
Pelosi’s Democrats gloried in doing nothing to fix Social Security, instead demonizing Bush.
Today the Social Security Trust Fund is going broke, and she’s proud of it!
Remember that next time Obama accuses the GOP of being obstructionist.
* Bush proposed allowing earners to invest a small percentage in personal accounts, not all of it.