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Video: President Obama Delivers a Statement on Fiscal Cliff Deal

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No Malarkey!1/02/2013 7:36:06 am PST

re: #325 Joanne

Would you prefer Social Security continue to be starved of funding? Because that is the dream of the GOP so they can say it is unsustainable and thus to be permanently removed as the cancerous growth that they view it as?

Social security isn’t exactly “starved”. There is a massive trust fund to keep paying benefits in full after payroll taxes start falling short in 20 years. Raising taxes on working people right now is bad economics because that reduces demand for goods and services at a time when millions of Americans are out of work. I wouldn’t oppose raising it again once we get back to full employment.