So says this Pittsburgh Tribune Review Editorial
The National Committee to Preserve Social Security and Medicare opposes instead of proposes. The liberal advocacy group, founded in 1982 by James Roosevelt, FDR's scion, mirrors today's Democratic Party. Former Congresswoman Barbara B. Kennelly, president and CEO of the committee, recently was appointed to the Social Security Advisory Board by fellow liberal Democrat and House Minority Leader Nancy Pelosi. The committee placed a full-page advertisement about "The State of Social Security" in USA Today shortly before the president's State of the Union address. Advocacy was limited to denigrating personal retirement accounts, which would help save the retirement pyramid scheme from its inevitable bankruptcy. "Private accounts," "privatization" or "privatizing" were mentioned five times in the four paragraphs of copy. But there wasn't a word about how to "preserve" anything. The group's fuzzy math is not limited to opposing bottom-line solutions like personal retirement accounts. Depending on the press release posted on its Web site, its "millions of members and supporters" total 4 million or 4.6 million. It did not disclose that at least 75 percent do not pay dues. But the Social Security advocacy group did admit it matches up to 6 percent of the contributions employees make to their respective 401(k) retirement plans. Speaking of private accounts.
