Phony Fun Facts

Molly Ivins on Social Security

The Bushies don't want to mend it, they want to end it – and they are quite upfront about it.

This is not some leftist conspiracy theory: Grover Norquist of The Club for Growth has been open about it for years. What we have here is a happy convergence of ideology (the Market Can Solve All Problems) and greed. The greed is from the financial industry, which stands to pick up an incalculable sum in profits – and, of course, the financial industry contributes generously to Guess Who. Just the Bush plan of partial privatization would cost about $1.5 trillion in transition costs over 10 years, and Bush wants to borrow that money.

Next week, the White House will launch a giant public relations campaign, just as it did with the campaign to sell us on the Iraq war, with a lot of phony information to convince us all this lunacy is good for us. Social Security is of particular concern to women, since we live longer and have fewer earnings to rely on in retirement.

It's kind of hard not to be stunned by the irresponsibility of this scheme. To just blithely borrow the money to destroy a successful social program is, well, loony, bizarre and irresponsible.