(Photo credit: SalFalko) |
Look out for your retirement account.
NEW YORK – A report by the Washington-based National Institute on Retirement Security that found a significant racial disparity in retirement savings among working-age households appears to be setting the stage for introducing “income redistribution” concepts into the next round of debate over cutting Social Security benefits.
What appears to be taking shape in Washington is an argument that 401(k) plans are a tax advantage enjoyed disproportionately by the rich. Meanwhile, cuts contemplated to Social Security to reduce future unfunded federal budget liabilities would be disproportionately disadvantageous to the poor.
It's the Law
There’s nothing funnier than watching an ObamaCare apologist describe it as a “law,” usually in a tone of high dudgeon that any treasonous saboteurs would even dare think of repealing it. It should be obvious to even the dimmest left-wing partisan by now that ObamaCare is not a “law,” but of course that doesn’t bother them, because they don’t think their beloved all-wise all-knowing super-government should be bound by laws. The will of our benevolent aristocracy should not be thwarted by the sort of legal speed bumps, tar pits, and bear traps that routinely impose trillions of dollars in cost upon private industry. Not even the dusty old Constitution should be an obstacle when a duly credentialed Great Man or Woman of the Left has a really swell idea that would benefit society.
“I love how you guys just can’t wait to get your teeth into Republicans throwing mud at Republicans on a week when this administration… unilaterally, lawlessly changed every deadline in the ObamaCare law without any legal authority, in a way that is absolutely astonishing – but you won’t hear about this on this show, so try Fox.”
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