Mon, Aug 18, 2008 3:43pm ET

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NY Times misrepresents Obama op-ed on Social Security

Summary: In a blog post, New York Times reporter Larry Rohter claimed that in a statement in a September 2007 op-ed that "[i]f we kept the payroll tax exactly the same but applied it to all earnings and not just the first $97,500, we could virtually eliminate the entire Social Security shortfall," Sen. Barack Obama was laying out his plan to address future shortfalls in Social Security. Rohter misrepresented the statement, claiming that Obama has now changed his position. But in the op-ed, Obama did not present removing the payroll tax income cap as his "plan" but, rather, as "[o]ne possible option."
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Posted by anotheramerican

Ya gotta love those options! 

It kind of reminds me of Bill's endorsements.  

Posted by mr. l

You'll have to excuse the NYT's bloggers for their 'hiccups' or 'opinions that are presented as facts even though they aren't' because of the impending catastrophic event about to occur in New york- the Yanks ain't making the playoffs!

Posted by wesley

Ok...I'll bite.

What is Obama's plan? 

Posted by mr. l in reply to wesley

Please refer to barackobama.com/issues/socialsecurity.

Posted by wesley in reply to mr. l

I have.

What is Obama's plan? 

Posted by Limit Corp. Ownership in reply to wesley

Please go back and finish grammar school
LOL

Posted by mr. l in reply to wesley

For more specifics, call him up, check out the internet, etc.  As for the TRUE nuts and bolts, whatever they may end up being, the republicants in congress are going to have to swallow their pride, grab their nuts, and vote for what's best for the country, NOT their ideanonlogical base of voters.

Posted by BlagoBoy in reply to mr. l

MR. L:

Sure, I'll look it up and check the Interent as will reporters who want to do a good job and then when those reporters ask him questions about it he needs to ANSWER.  Not dance around the question and have things both ways, wich he does on EVERY issue.

Posted by captfoster2 in reply to mr. l

Mr L,

"the republicants in congress are going to have to swallow their pride, grab their nuts, and vote for what's best for the country, NOT their ideanonlogical base of voters."

I really do hope that you are not seriously considering holding your breath...... are you?

Posted by anotheramerican in reply to wesley

Wes,

As of this point, we can see by the two answers above, no one knows.  

Posted by BlagoBoy in reply to anotheramerican

His plan doesn't matter.  He's "post-political"  He'll take care of us.  He's a good speaker (when using a teleprompter) and he'll gives us hope and change.

Posted by wesley in reply to anotheramerican

AA,

Obama's plan from his website contains 2 small paragraphs about his plans for social security...pledging to protect it...hot damn, there's something new.

It's nothing more than his many speeches...long on feel good and short on how to get things done.

 -- Obama is committed to ensuring Social Security is solvent and viable for the American people, now and in the future. Obama will be honest with the American people...He will work with members of Congress from both parties...As part of a bipartisan plan that would be phased in over many years. -- BarackObama.com

Just hot air...to be attributed to the long list of "famous last words". 

 

Posted by DeminTX in reply to wesley

As opposed to McCain's, which is to systematically destroy it?The President doesn't need a detailed plan anyhow.  That's the sub-committees will do.  If he tells them to come up with a plan to ensure it's survival then they'll do just that.Under McSame, all the big accounting firms will have their hands in it and you'll see more destruction to this economy when seniors can't afford to eat or pay bills.

Posted by wesley in reply to DeminTX

 -- If he tells them to come up with a plan to ensure it's survival then they'll do just that -- demintx

Let's just skip the election...the sooner we elect Obama the better.

It's obvious he's the right man for the job

Posted by roundhouse in reply to wesley

Whatever, Wes. You dishonest punk.

You wrote, "Obama's plan from his website contains 2 small paragraphs about his plans for social security...pledging to protect it...hot damn, there's something new.

It's nothing more than his many speeches...long on feel good and short on how to get things done.

-- Obama is committed to ensuring Social Security is solvent and viable for the American people, now and in the future. Obama will be honest with the American people...He will work with members of Congress from both parties...As part of a bipartisan plan that would be phased in over many years. -- BarackObama.com"

Here's what Obama's page says, "Obama is committed to ensuring Social Security is solvent and viable for the American people, now and in the future. Obama will be honest with the American people about the long-term solvency of Social Security and the ways we can address the shortfall. He will work with members of Congress from both parties to strengthen Social Security and prevent privatization while protecting middle class families from tax increases or benefit cuts. As part of a bipartisan plan that would be phased in over many years, he would ask those making over $250,000 to contribute a bit more to Social Security to keep it sound.

Despite the many smears of his opponents, Obama does not support uncapping the full payroll tax of 12.4 percent rate. Instead, he is considering plans that would ask those making over $250,000 to pay in the range of 2 to 4 percent more in total (combined employer and employee). This change to Social Security would start a decade or more from now and is similar to the rate increases floated by John McCain’s close adviser Senator Lindsey Graham and that McCain has previously said he “could” support."

I suspect it's Obama's commitment to protect Social Security from those greedy bastards on Wall St. that has your lying ass quacking today. It's so typical of cons like you to lie. So easy for jerks like you act like liberals have no plan unless it's in lock step with your dip-shit con dream of handing our money, our commonwealth, to private interests.

Well, it's called social security, not private security.

Everything is for sale with you cons, it's always profit over people.

Posted by mescal in reply to roundhouse

Well said, RH.

Posted by BottleBlonde in reply to roundhouse

Wow, a poster after my own heart! Terrific smackdown, RoundHouse.

Posted by Kyle_Broflovski in reply to anotheramerican

AA-

And we can see by your response that you, like John McCain, don't know how to use the internet.  I have to assume you know how to read, because you've posted here before, so I'm assuming you're just having trouble cutting and pasting the link. 

Here is some of the good stuff:

Barack Obama would ask those making over $250,000 to pay in the range of 2 to 4 percent more in total (combined employer and employee). This change to Social Security would start a decade or more from now and is similar to the rate increases floated by John McCain’s close adviser Senator Lindsey Graham and that McCain has previously said he “could” support.

Posted by Col. Harlan Sanders in reply to Kyle_Broflovski

No wonder they have to ask everybody else to spoon feed the info to them.

1 point to Wes for giving it a try. 0 for Barney, who just gave up. 

Posted by wesley in reply to Kyle_Broflovski

Obama's plan for social security:

 -- Obama would ask...would start a decade or more from now --

And you left out..."he is considering plans".

I suppose that one could diligently search the web for some meat to go with the thin broth that Obama is serving up...but I'll just stick with his web site to see if he offers up something real. 

Posted by steeve in reply to wesley

Obama can't fix what's not broken.

Social Security will pay 80% of benefits in 50 years. Not quite 100%, but we'll get there. You don't think the government is capable enough to have its programs ironclad generations out, do you?

Posted by wesley in reply to steeve

Nope

Posted by anotheramerican in reply to steeve

Steve,

80% is called insolvency. 

 

Posted by roundhouse in reply to anotheramerican

So? What's your point?

Posted by anotheramerican in reply to roundhouse

It's unacceptable.

Posted by roundhouse in reply to anotheramerican

Why?

Posted by anotheramerican in reply to roundhouse

I can't believe you asked that. 

For one thing, it's lying to the American retirees over the amount they were promised at retirement. Are you okay with that? It's another way of saying the government is defaulting. People lose homes when they default on their promises to pay.  

You are a liberal, try this on for size. Lets say McCain promises to cut Medicaid promises by 20%. How would you react to that news?  What if McCain promised to cut welfare payments by 20%?   Unacceptable or are you cool with it.  Now just change the name to Obama and the Democrats and make it SS and there you have it. 

People complain now about SS. How do you think they'll react if they only get 80% of it? ...and then 70%... and then 60%...  

Posted by roundhouse in reply to anotheramerican

Whatever. It's totally dishonest to look at the situation as someone cutting anything. I can't believe you tried that. We are experiencing a short-fall, the idea of a person, a president, making actual cuts is ridiculous.

Governments are not insolvent, they can go into default. But all this requires, as in the business world, refinancing or restructuring keep the whole thing healthy.

My contention is that the problem with SS can be fixed. The system has been adjusted in the past, many times. We simply need to adjust it again. You can keep buying the crisis hype from the private accounts crowd, you'll just end up fighting to enrich wall St. bankers instead of providing a safety net for retirees.

Posted by anotheramerican in reply to roundhouse

You can believe those talking points if you want.

Social Security savings accounts are a fraud. There is no money being saved. It is being spent as it comes in.

Of course they can cook the books again and again to make it sound like it is solvent. The other options that Obama keeps obfuscating on, is increasing the amount that is paid in.  It's the old "tax the rich" class warfare, socialistic arguments all over again. 

What you leave out is that if people were given the option of taking a part of their contributions and investing in the market in a way that spread the risk, there would be no insolvency crisis looming and the retirees would have far, far more than they are promised by the government in SS. 

Why not give the power to the people. Let them decide where their "forced" retirement contributions are held. If you want to give your money to the government, go ahead. If I don't why can't I take my own money and invest it as I see fit?   Lets move away from a method that constantly requires greater and greater contributions for less and less benefit and give people the option of taking ownership of their own retirement savings and participate in the growth and wealth that is only created in the private sector.

Posted by roundhouse in reply to anotheramerican

Nice, Mr. urbanity resorts to calling me a socialist, a class warrior. You realize you tip the weakness of your hand when you jump so eagerly on such diversionary tactics, don't you? I mean, don't get me wrong, name calling is fine by me. This is politics not pat-a-cake. Just know that unless you can provide evidence for those labels, it's little more than emotional appeals for others to ignore the point at hand.

But you're operating under fundamental myths of the market, anyway. So your name calling has no merit from jump.

There are always losers in the strongest of markets, so this privates accounts biz simply introduces an unnecessary risk for seniors. Most folks who are already investing know damn little of what they're doing anyway, then to force even less informed people into that maelstrom, especially the unregulated market we have, is begging for more sub-prime style swindles to be perpetrated on the most vulnerable among us. I can't get with that.

Lastly, the CBO reports that the social security trust fund will be in surplus until 2019, so I really have no idea what the hell you cons are griping about.

Posted by roundhouse in reply to anotheramerican

And oh, yeah. Obama is not obfuscating anything. His plan for SS is in plain english on his website. He would do the sensible thing and raise the cap and ask the wealthiest 3% of us to pay more, 2 to 4% more.

Posted by BottleBlonde in reply to anotheramerican

I call bullsh!t on AA's comments that "Social Security savings accounts are a fraud. There is no money being saved. It is being spent as it comes in."

Social Security is not an investment account, and so there's no problem wtih the fact that it's not a savings account!

How can you be a breathing adult who's visited this site repeatedly and not understand that it's not a savings account that has money sitting in it?

It's been pay as you go forever. They built up some surplus since the mid 80's to cover the baby boom generation, but it's still mostly a pay as you go type of plan where people working today pay for retired people.

How can you explain getting such a fundamental thing 100% wrong, AA?

Posted by Col. Harlan Sanders in reply to roundhouse

Roundhouse, I'm not sure if AA's being dishonest here. I think he may actually be confused about the projections of 80% (based on the current situation) are a proposed "cut" to 80% benefits.

Posted by roundhouse in reply to Col. Harlan Sanders

"Lets say McCain promises to cut Medicaid promises by 20%."

I don't know man, it sounds fairly dishonest to me. For one thing nobody is promising cuts, period. What is being promised is a rescue mission for Social Security.

You and I may disagree on this, I don't think AA is naive or even dumb. I think he is very cunning, I think most of the cons here are very cunning. And I think it's a mistake to dismiss them as stupid.

He's trying to inject language that inhibits our ability to consider the whole truth of the issue. He's a salesman. He does it knowingly and that disgusts me. It's not honest.

Posted by BottleBlonde in reply to wesley

I have.

What is Obama's plan? 

 

  • - wesley / Monday August 18, 2008 4:18:32 PM EDT

It doesn't matter what his plan is, just like we don't have to come up with solutions to problems when your pal Tommy demands them.

The issue here is that someone in the media didn't portray an accurate picture, and that inaccurate picture furthers the conservative agenda.

Posted by wesley in reply to BottleBlonde

 -- It doesn't matter what his plan is -- bottleblonde

Thanks for being honest.

That's what a lot of Obama supporters say when they're pressed to give reasons for supporting him for president.

He's for uh...uh...change...you know...like...uh...hope.

That could be why his poll numbers have flattened out...those undecided voters could be waiting for Obama to provide something more tangible. 

Posted by BottleBlonde in reply to wesley

-- It doesn't matter what his plan is -- bottleblonde

Thanks for being honest.

That's what a lot of Obama supporters say when they're pressed to give reasons for supporting him for president.

He's for uh...uh...change...you know...like...uh...hope.

That could be why his poll numbers have flattened out...those undecided voters could be waiting for Obama to provide something more tangible. 

 

  • - wesley / Tuesday August 19, 2008 8:09:19 AM EDT

Like RoundHouse said earlier in this thread, you dishonest punk!

I didn't say that Obama didn't have a plan. He does. I didn't say that I couldn't delineate that plan. I can.

I said that his plan doesn't matter, because the issue is that facts were ignored, and information was unreliable, and accurate information was not disseminated by the media. And that failure to present accurate information forwards the conservative agenda.

I like that name, RoundHouse. Let's call Wesley the dishonest punk until he proves that he's not one.

We know what Grampy's plan is...

Privatize it, so they can continue the destruction of the middle class, and put even more money into the Enrons and World Coms, and Bear Stearns and Fannie and Freddie.  Do the Wall Street shuffle.

You know the drill.

Posted by BlagoBoy

Can you tell MMFA is a Clinton operation?

The parsing of words is somewhere beyond absurd or riduculous. 

"one possible option"  is not his "plan"?  

WOW

Posted by Limit Corp. Ownership in reply to BlagoBoy

Grampy doesn't give a crap about social security...

An elitist like Grampy, he owns 8 homes. And they aint 2-bedroom summer homes in Nebraska.

Grampy has got it all covered. 

Posted by Col. Harlan Sanders in reply to BlagoBoy

Wow. So you think suggesting one possible option, and then providing another possible option, constitutes backpedaling on a plan? I hope you have a reliable weatherman on your local station.

Posted by Kyle_Broflovski in reply to BlagoBoy

John McCain once said that one possible way to save energy is to turn of your lights a few minutes early.  Are we to deduce, by your logic, that McCain's entire energy plan consists of turning out the lights early?

That's the kind of stupid distortion the RNC likes to make, like when they ridiculed the tire gauge suggestion, just because it came from Public Enemy #1, Barack Obama.

Posted by anotheramerican in reply to Kyle_Broflovski

Kyle,

Go ahead and make fun of McCain for his turn off the lights. I'll still chuckle over Obama's tire gauge idea... oh and his tune ups... which haven't been done since electronic ignition. Yeah right.

Both "turning off the juice when not in use", (my Dad drummed into us kids, in the 50's and 60's,)  and checking tire inflation, are good ideas and simple to do. Will they solve the energy crisis? No. will everyone go out and check their tires monthly? No.  They are simply pablum. 

Lets get serious. It's going to take a lot more than inflating tires and turning off lights to solve the energy crisis.

ps. On the plus side, my On-Star from good old GM sends me a monthly report telling me what my tire inflation rate is, along with other diagnostics. Right now my tires are about two pounds of pressure light and need rotating. So everyone, if you want to solve the energy crisis and help the American economy - Buy GM and On-Star.  :-) 

Posted by mary59

Social Security saved many seniors from dire poverty.  It's old age insurance, which all workers pay into, so that everyone that works will have something.  Disability allows mentally and physically handicapped people to have the ability to live with some dignity.  Obama obviously knows that the system is sound and works, and that the best fix for the future when it will eventually be paying out more than it currently takes in is to lift the cap.  There are other options also.  The main point is that it is solvent and will need a future fix.

See what privatization has done for <a href="http://c.hileno.com/2008/03/chile-privatized-social-security-reform.html">Chile's social security system </a>

Posted by mary59 in reply to mary59

http://c.hileno.com/2008/03/chile-privatized-social-security-reform.html

Sorry, can't get the link to work.

 

Posted by Col. Harlan Sanders in reply to

Yeah, that was worth copying and pasting from the other thread, BVD.Wacky syntax, typos and all. Dad's gonna give you the "special spank" when he comes home and finds the liquor cabinet jimmied open.

Posted by eweston8542983

BCVD brings to mind a bit of dogeral from Walt Kelly.

Ahem...kof.kof.

OOOhh Fearless Fred the footpad set fire to his moma's bed!

Posted by KATHLENEC9402

Obama wants to lift the cap on Social Security which is A fair plan.

Why should those making more money and who will collect more in

Social Security benefits not have to pay in above this low cut off?

Mccain wants to privatize Social Security. Big surprise. He has probably

already picked out who he wants to give this perk to.

Was amazed when the man was surprised that todays workers

contribute to retirees SS income. Wow, talk about being totally

out of touch with what goes on in this country!!

Posted by BottleBlonde in reply to KATHLENEC9402

Actually there's a limit to what Social Security will pay out, so for most high earners won't get much additional benefit even though they have to pay more into the system.

They are capable of paying more, and will be hurt less by paying more, and I believe that people who earn a lot of money should carry a higher burden, even if they won't directly benefit from it. We as a nation will benefit from Social Security giving beneficiaries 100% of their entitled payouts each month.

Posted by laissezfairesucks

Does ANYONE really believe ANYTHING the Times prints anymore? After the lies of Judith Miller...sheeesh!