Reagan v. Bush

The Rude Pundit

The Rude Pundit wisely counsels us to sic Reagan on George Bush's Social Security PR campaign.

So as we gear up for the battle over Social Security, the greatest tool in the toolbox of the Democratic Party is actually Ronald Reagan. Because, you know, history is a series of repetitions: "As you know, the Social Security System is teetering on the edge of bankruptcy. Over the next five years, the Social Security trust fund could encounter deficits of up to $111 billion, and in the decades ahead its unfunded obligations could run well into the trillions. Unless we in government are willing to act, a sword of Damocles will soon hang over the welfare of millions of our citizens." That's from Reagan's 1981 Letter to Congress, setting up a bipartisan commission to look into solutions for Social Security. Reagan said there were three goals in preserving Social Security: "First, this nation must preserve the integrity of the Social Security trust fund and the basic benefit structure that protects older Americans. Second, we must hold down the tax burden on the workers who support Social Security. Finally, we must eliminate all abuses in the system that can rob the elderly of their rightful legacy."
Very nicely done, RP.