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Social security: Dreaming the impossible dream
Dick McDonald
The left is so busy dissing George W. Bush and Republicans, they let Tom Friedman of the New York Times get away with murder. Take his recent lead in an article designed to illustrate how smart he is and how dumb the rest of us are:
One of the things that I can’t figure out about the Bush team is why an administration that is so focused on projecting U.S. military strength abroad has taken such little interest in America’s economic competitiveness at home — the underlying engine of our strength. At a time when the global economic playing field is being flattened — enabling young Indians and Chinese to collaborate and compete with Americans more than ever before —this administration is off on an ideological jag. It is trying to take apart the New Deal by privatizing Social Security, when what we really need most today is a New Deal to make more Americans employable in 21st-century jobs.
The impossible dream Tom dreams is that everyone is so ill informed and stupid that they believe his illogical misrepresentations of what George Bush is doing and how America is faring in this world.
American Competitiveness
We are so competitive we bank 30 cents out of every dollar spent in the world today. That is every dollar spent wherever in the world it is spent. With 3.5 per cent of the world’s people we generate $12 Trillion of the world’s $40 Trillion GDP. Only an economic moron like Tom Friedman, propagandizing his kool aid groupies, can get away with such a massive lie.
Indian and Chinese Competition
Is Tom so blind that he can’t see that George Bush, like every thinking businessman, has his eye on improving the lot of mankind through democratic institutions and free markets? If that means flattening the playing field, so be it.
Is Tom so selfish that he wants to retain that 30 cents out of every dollar at the expense of the “world peace” Republicans are working for? Of course one must remember, Tom is a big government socialist and abhors the progress the private sector is making building a better and safer world.
Taking Apart the “New Deal”
Tom conveniently forgets to disclose the “New Deal” is 70 years old. That Social Security is a Ponzi scheme in which every retiree is supported by the payroll taxes confiscated from 3.3 current workers which soon will fall to 2 workers. The Social Security “fund” is a bookkeeping fiction and irresponsible Democrats have managed to run up an $11 Trillion unfunded liability. The purported theft of $20 Billion by Saddam Hussein in the Oil for Food Program pales in comparison with the $1.7 Trillion Congress has stolen from Social Security participants.
Reform Social Security
Tom, ever the propagandizing liar shill for the socialist New York Times, fails to inform that if Bush’s plan is fully implemented and 100 per cent of the payroll tax paid into government is privatized, it will be the greatest redistribution of wealth ever accomplished by man.
That the poor will become rich and the ills of government inefficiencies will disappear. If you doubt that claim read www. thenewsocialsecurity. com and familiarize yourself with where America is going. It is going to the “ownership society”.
Making Americans Employable
To do that, we would have to scrub teachers’ unions and the commune mentality of the elite institutions that support the drivel Tom Friedman sells. Things are changing so rapidly, the young need flexibility more than any other trait. And they get that with Playstation.
“Creative destruction” is in our genes. Yesterday I completed a tax return for a master insurance agent. I asked why his printing costs had dropped from $50,000 to $3,000 in one year. It turns out that he started e-mailing the policies. The paperless office is taking shape. American kids will do just fine they live and breathe violent change. They fully expect it.
But Tom, give the world a break. Let foreigners have a piece of the pie. There is enough for everyone. Even Democrats. Focus! A rising tide lifts all boats.
Dick McDonald can be found at
The Right Scale
BrookesNews.Com
Monday 25 April 2005