Paul Krugman
@paulkrugman
Amid the desperate attempts by Fox News and its subsidiary, the Republican Party, to insist that Biden's true claims about GOP efforts to cut Medicare and Social Security are false, worth remembering some history 1/
10:49 AM · Feb 11, 2023
Paul Krugman @paulkrugman
3h
Replying to
@paulkrugman
Ronald Reagan tried to make significant cuts in Social Security in 1981, but backed down in the face of a huge public backlash 2/
https://www.nytimes.com/1981/05/13/us/first-major-cuts-in-social-security-proposed-in-detailed-reagan-plan.html
Paul Krugman @paulkrugman
3h
In response the Cato Institute called for a "Leninist" approach (their term), setting the stage to exploit future crises to dismantle Social Security 3/
https://cato.org/sites/cato.org/files/serials/files/cato-journal/1983/11/cj3n2-11.pdf
Paul Krugman @paulkrugman
3h
Cato also created a Project on Social Security Privatization, which drew up plans for that happy event 4/
https://ssa.gov/history/reports/pcsss/Tanner_Testimony.pdf
Paul Krugman @paulkrugman
3h
In 2005 George W. Bush tried to move forward with that plan, although conservatives insisted that calling it "privatization" (which polled badly) was a left-wing smear; meanwhile Cato quietly changed the name of its project 5/
Paul Krugman @paulkrugman
3h
Stepping back a bit, in 1995 Newt Gingrich shut down the government in an attempt to force Bill Clinton to make major cuts in Medicare and Medicaid 6/
history.com
https://www.history.com/news/bill-clinton-government-shutdown-lewinsky-affair
Paul Krugman @paulkrugman
3h
After the Republican takeover of the House in 2010, Paul Ryan pushed a plan to convert Medicare into a voucher system, although as with "privatization" he insisted that calling vouchers vouchers was a left-wing smear 7/
https://khn.org/news/ryan-plan-for-medicare-vouchers-vs-premium-support/
Paul Krugman @paulkrugman
3h
So now we have Rick Scott saying that just because he called for sunsetting Medicare and Social Security he wasn't calling for sunsetting them. Biden used the same words Scott did 8/
Paul Krugman @paulkrugman
3h
Let's also add that if you have absolutely no intention of ever cutting Social Security and Medicare, you don't set up a process where the entire programs have to be reapproved every five years. As Biden might say, c'mon, man 9/
Paul Krugman @paulkrugman
3h
So let's not act as if Biden was engaged in some kind of gotcha. For more than three decades Republicans have been trying to eviscerate SS and Medicare whenever they thought they had a political opportunity to do so 10/