Bush Cites His Failed Attempt At Privatizing Social Security As A Success

Up is down and left is right in the Bush Administration. Even when George Bush isn't using outright doublespeak, what he says makes absolutely no sense at all. Two of his ever-lasting cheerleaders, Fred Barnes and William "The Bloody" Kristol went to interview him and extolled his greatness, even if the examples of it were disastrous failures.

From ThinkProgress:

Speaking of Bush’s legacy, Barnes reports that the president cited his push to privatize Social Security as his biggest domestic policy accomplishment:

On domestic policy, Bush was asked if he made progress in some areas for which he hasn’t and probably won’t get credit. Topping his list was his unsuccessful drive in 2005 to reform Social Security. Bush said his effort showed it’s politically safe to campaign on changing Social Security and then actually seek to change it.

He also said it was important to have raised private investment accounts as an attractive option in reforming Social Security.

It seems odd that Bush cited an unsuccessful effort as his biggest domestic policy achievement, but understandable given that he doesn’t have much else to consider. But not only was Bush’s drive to privatize Social Security an utter failure, the concept is also widely unpopular with the American public and if enacted, it would have had disastrous consequences for Americans’ retirement funds.

Billions upon billions, even trillions of dollars could have been lost had Bush won that legislative battle. Highlighting that episode is even stranger because it marked a turning point in his Presidency. It was only a few short months after being re-elected and his popularity plunged when he tried to privatize the third rail of American politics. His response to Hurricane Katrina did him in, but this was what started his long decline.

Chambliss Lies About His Record On Social Security

As I type, voters are heading to the polls down in Georgia to decide whether Chambliss returns to Washington or Jim Martin replaces him to change one corrupted seat in the Senate. Last night, in a bid to woo Georgians that want to keep social security as it is, he lied about his pro-privatization record, contradicting a statement he made this July.

I'd Love To See Obama Supporters Defend Barack Over The Third Rail

If any liberal has followed politics in America in the last few years, they can tell you that times were down and out until George Bush screwed with the unscrewable. The third rail is something you never touch on a train track and absolutely stay away from when a government program is considered as such.

When the President and his minions tried to privatize social security, they began to lose and lose big. It was George's first defeat and now it is one of many, especially with a Democratic majority in the Congress. Although Bush was doing spectacular damage to our nation from January of 2001, it was the social security debate that pulled the wool from the country's collective eyes.

So if any Obama supporters can tell me why Barack is buying into the right-wing hype that social security is a growing problem that must be addressed with increasing taxes for the slightly upper middle class (something wingers will pound us for), please let me know. If you are shocked that your candidate would do such a thing and the first thing that comes to mind is how to spin this so you can justify your support for him....please do not do that, just take a step back and realize that there are eight candidates in the race and that Barack isn't the only anti-Hillary.

We all know what the real problem is behind those increasing social security costs and Paul Krugman can tell you why.