Late Night is for Night Owls

About to head to bed here in a bit, but thought I’d share this beautiful manufacturing job by TPTB:

04.2012 Social Security is rushing even faster toward insolvency, driven by retiring baby boomers, a weak economy and politicians’ reluctance to take painful action to fix the huge retirement and disability program.

The trust funds that support Social Security will run dry in 2033 — three years earlier than previously projected — the government said Monday.

There was no change in the year that Medicare’s hospital insurance fund is projected to run out of money. It’s still 2024.

I kept that last bit in there because it’s relevant to what I’m about to remind you of:

09.2011 WASHINGTON — The centerpiece of President Obama’s job-creation plan, a proposal to further reduce Social Security taxes, is emblematic of a package of modest measures that some economists describe as helpful but not sufficient to lift the economy from its malaise.

In his speech on Thursday night, Mr. Obama asked Congress to cut the amount that workers must contribute toward Social Security benefits, extending an existing measure, and to reduce, for the first time, the matching payments that employers are required to make.

The cuts, which would deprive the government of about $240 billion in revenues next year, are the largest items in the president’s $447 billion job-creation plan, which includes payments to unemployed workers, incentives for companies that hire workers and increased federal spending on infrastructure.

Bolding mine. We discussed this at the time. If I recall correctly, the argument went like this: “Oh lookey! Obama delivering on a Grover Norquist/GOP promise to slowly kill Social Security.” The opposition was, like, “Awesome. Eleventy-dimensional chess!” You tell me who was right. #SawThisComing

Moral of the story? Every year Obama is in office, we lose another year of Social Security. We can’t afford 4 more years.

PS: The reason the Medicare date didn’t change is because those taxes weren’t cut, if that wasn’t obvious enough.

This is an open thread.

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40 Responses to Late Night is for Night Owls

  1. The sky must be falling. A Democrat shaves 3 years off SS, more Mexicans are leaving the US than coming in, and the scientist who invented the Gaia theory of the earth explicitly to promote climate change has admitted to being alarmist (the real wonder here is that MSNBC reported it!). What a day!

  2. DandyTiger says:

    Krugman gets some much needed skewering:

    In his column, Krugman describes a slightly awkward performance by Candidate Romney last week. Romney spoke at a closed drywall factory in Ohio, criticizing “the failure of this President’s policies with regards to getting the economy going again.”

    Ha! This drywall factory closed during the tenure of President Bush, not under President Obama! “Many reporters” noted this point, Krugman said.

    Uh-oh! Romney explicitly said that the factory closed in 2008; George Bush was president then, as many people know. Here’s his argument, and it may be a very weak one: The factory would have reopened by now if Obama’s policies had worked.

    Krugman’s lame shill effort is pretty weak. I don’t think his heart is in it like it used to be. Maybe he needs another air force one plane ride. Maybe he needs a dog steak.

  3. WMCB says:

    Thank you fucking Al and fucking Holder and fucking Obama:

    MOBILE, Alabama —
    Mobile police need your help to catch a mob that beat Matthew Owens so badly that he’s in critical condition.

    According to police, Owens fussed at some kids playing basketball in the middle of Delmar Drive about 8:30 Saturday night. They say the kids left and a group of adults returned, armed with everything but the kitchen sink.

    Police tell News 5 the suspects used chairs, pipes and paint cans to beat Owens.

    Owens’ sister, Ashley Parker, saw the attack. “It was the scariest thing I have ever witnessed.” Parker says 20 people, all African American, attacked her brother on the front porch of his home, using “brass buckles, paint cans and anything they could get their hands on.”

    Police will only say “multiple people” are involved.

    What Parker says happened next could make the fallout from the brutal beating even worse. As the attackers walked away, leaving Owen bleeding on the ground, Parker says one of them said “Now thats justice for Trayvon.” Trayvon Martin is the unarmed teenager police say was shot and killed February 26 by neighborhood watch captain George Zimmerman in Samford, Florida.

    Police canvassed the area, but did not find any suspects. They’re asking anyone with information to call them at 251-208-7211, Crime Stoppers at 251-208-7000, or text a tip to 274637 and include the keyword CRIME 411.

    http://www2.wkrg.com/news/2012/apr/23/man-beaten-mob-critical-condition-ar-3659891/

  4. WMCB says:

    Well, Obama announced today that the war on terrorism is OVER.

    So that means we can disband the TSA now, right? … Right?

    • On their hands – a dead star
      The sycophantic slags all say :
      “I knew him first, and I knew him well”

      Re-issue ! Re-package ! Re-package !
      Re-evaluate the songs
      Double-pack with a photograph
      Extra Track (and a tacky badge)

      Sounds about right. 😉

  5. DeniseVB says:

    I remember when GWB floated the idea of privatizing social security and there was outrage! Now it seems Obama’s doing the same thing by bankrupting the plan and forcing people to choose private retirement plans.

    Sneaky little devil ain’t he?

    Now I hear disability claims are way up because people whose unemployment benefits have run out are “disabled not having a job”. True story.

    • yttik says:

      Obamanomics have probably created a lot of genuine disability. The stress of not being able to get a job, losing your home, damages people’s health. I would expect to see more heart attacks, depression, etc.

      • votermom says:

        PTSD from the anxiety.

        • zaladonis says:

          I have PTSD from 2008. Where do I pick up my check?

        • leslie says:

          What votermom and zal said.
          I just started collecting widow’s benefits today. I should’ve started 6 years ago. true story.

      • Lulu says:

        One of the really big problems is that the unemployed no longer have health insurance. Minor conditions go untreated or undiagnosed and blow up into major illnesses with devastating results. Minor depression goes untreated and worsens, hypertention turns into strokes and heart attacks, diabetes goes undetected until someone looses a limb or looses sight, etc. It is a nightmare and often middle aged and older workers are targeted for layoff at the very time these health problems start showing up. Social Security disability applications and appeals always skyrocket during bad times. The most vulnerable in health always are the first laid off and have the most trouble finding another job.

    • A’yup. Any liberal or progressive should be a self-respecting human being and vote AGAINST this fucking ribbed Trojan. Remember when Billy Crystal used to do his Reagan 40 Mule Team Borax butt rape routine in the 1980s?

  6. Oh shit! Remember Parmley, the NC Democratic Party Chairman who had to step down amid allegations that he sexually harassed a male staffer? His ex-girlfriend is out now saying she believes he infected her with AIDS. NC is going to blow the eff up before the Democratic Convention if this keeps up. WOW.

  7. WMCB says:

    Interesting discussion of Mitt Romney’s good works and humility. On CBS of all places.

    http://www.cbsnews.com/video/watch/?id=7405692n

  8. DeniseVB says:

    Seems Senator Obama failed to show up to vote on the college loan bill that he’s pimping to college students today.

    http://www.politico.com/politico44/2012/04/as-senator-obama-missed-votes-on-student-loan-bill-121386.html

    Yeah, he cares about young people … not. He cares about being re-elected !

  9. HELENK says:

    just because I love history and wish more cities would do this

    http://www.nbcnewyork.com/news/local/New-York-City-Photo-Database-History-148661485.html

  10. Rangoon78 says:

    All in a day’s work

    Obama Pardons Turkey, hugs teacher from “failing school” 

    ‘Wonderful spirit’: Burbank educator honored as National Teacher of the Year

    The other 364 days:
    President Obama: Fire failing teachers – Kendra Marr – POLITICO.com

    “You’ve got to have radical change, and radical change is something that’s in the interest of students,” he said. “We’ve got to be able to identify teachers who are doing well. … And, ultimately, if some teachers aren’t doing a good job, they’ve got to go.” 

    “In any school system in any state, whether the most affluent district or not, you have families in crisis right now,” Mieliwocki said. “Everyone is worried about money, jobs, the economic future. I am seeing it in my classroom. I see the needs are so great — health care, hunger, transportation, clothing, parents losing jobs. It’s all hands on deck right now to get through this.”

    At the same time, a nationwide shift promoted by both Republicans and the Obama administration toward evaluating teachers based on student performance has led some teachers to worry that their careers can be abruptly ended by poor test scores.

    Test data should be just one aspect of a multi-dimensional evaluation process, Mieliwocki said.

    “I am responsible for my students’ abilities and what they can learn and we test that knowledge once in a school year and I need that knowledge to help me improve as a teacher,” she said. “But if you only look at test scores, you will miss so much more that is directly responsible for the growth of young people. Please make sure that you’re looking at all of it.”

    An annual survey of teachers by MetLife released in March found teacher job satisfaction has dropped 15 percentage points since 2009

    Luther Burbank Middle – Burbank – California Schools Guide – Los Angeles Times
    No Child Left Behind (AYP) 
     Missed six of 25 federal targets for 2011 

     Missed six of 25 federal targets for 2010  Missed two of 25 federal targets for 2009  Missed four of 25 federal targets for 2008  Missed one of 21 federal targets for 2007 
    In 2009, Luther Burbank Middle School entered Program Improvement* after failing to meet State targets in several subgroups in math. As a result, Luther Burbank Middle School students were offered the choice of attending another school in the District with space available. In 2010, Luther entered Year II of Program Improvement after failing to meet State targets in math again. In Year II of Program Improvement, Luther students who meet the eligibility criteria are offered free tutoring from a Supplemental Educational Services vendor outside of the school day. In addition, Luther has put into place several math intervention classes during the school day to support struggling math students.

    *Program Improvement – Title I, Part A-Accountability (CA Dept of Education)

    In California, PI is the formal designation for Title I-funded schools and LEAs that fail to make AYP for two consecutive years.
    http://www.cde.ca.gov/ta/ac/ti/programimprov.asp

    http://www.politico.com/news/stories/0910/42758.html

    http://www.burbank.k12.ca.us/index.aspx?page=772

    http://www.washingtonpost.com/national/education/teacher-of-the-year-to-beleaguered-educators-stand-tall/2012/04/23/gIQAlXJqcT_story.html

    http://projects.latimes.com/schools/school/burbank/luther-burbank-middle/

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