The Mudcat Café TM
Thread #62901   Message #1375767
Posted By: GUEST,Isaac Peon de Tallywhacker
10-Jan-05 - 10:16 AM
Thread Name: BS: Popular Views of the Bush Administration
Subject: RE: BS: Popular Views of the Bush Administration
As DougR has placed a request, amidst his scurrilous slurs, for some words from that Belle of Southern Letters, Molly Ivins, some are provided herewith.

I.P de T


Molly Ivins: The Bush Administration II's 'prior-roarities'

By MOLLY IVINS, Creators Syndicate
January 7, 2005

pictureAUSTIN, Texas — In the Texas legislature, they are called "prior-roarities," such a happy coinage. What should come prior?

When the pitter-patter of falling year-end columns comes again, not necessarily next year, but certainly four years from now, I fearlessly forecast a dismal unanimity: that the Bush Administration II suffers from bad and dumb prior-roarities.

Actually, the passage of time is not required for proof — look around. The Bushies are about to launch a $50 million to $100 million dollar propaganda campaign to convince us the Social Security system is in crisis. Actually, it's not. It's quite robust and has astonishingly low administrative costs, less than 1 percent.

According to President Bush's own Commission to "Strengthen Social Security," the administrative costs of keeping track of private accounts will be 10 to 30 times the cost of administering the current system.

The Socialy Security System is in no danger whatsoever of going broke or even of having to pay out less than full compensation for at least 50 years. There are any number of statistical models and premises one can argue about here, but when the administration begins with a premise that requires fixing Social Security based on an extrapolation to infinity, you know you are not dealing with people who argue in good faith.

Even if Social Security were in full-fledged crisis, none of the sensible, cheap, effective ways to fix it would involve the massive trillion-dollar boondoggle this administration contemplates.

Let's get this straight. The Republicans do not want to fix Social Security, they want to kill it. Period. They don't want to "partially privatize" Social Security, they want to end it. What they want is a private pension system like the one their pointy-headed heroes at the University of Chicago dreamed up for Chile, the poster child of why we should not do this.

This same rigid, inflexible, impractical the-market-is-always-best ideology is like a form of mania with these folks. As Paul Krugman patiently points out, "Claims that stocks will always yield high, low-risk returns are just bad economics."

In fact, it's more than passingly reminiscent of another rigid, inflexible, politico-economic orthodoxy: communism. And just as capable of robustly ignoring reality.

And for robustly ignoring reality, you can't hardly beat spending $50 million to $100 million on a propaganda campaign to convince America there's something seriously wrong with Social Security while you ignore the collapse of the American health care system. It is common to begin all discussions of American health care with a complete lie, uttered in this example by President Bush: "We live in a great country that has got the best health care system in the world, and we need to keep it that way."