From the Hyde Park Declaration in 2000:
“[a]n ever-growing share of the federal budget today consists of automatic transfers from working Americans to retirees. Moreover, the costs of the big entitlements for the elderly -- Social Security and Medicare -- are growing at rates that will eventually bankrupt them”.
“We can’t just spend our way out of the problem.”
Democrats should “create Retirement Savings Accounts to enable low-income Americans to save for their own retirement.”
John Kerry in 2005:
“Not me. Not my party. Not ever.”
Flip. Flop…. Flip. Flop.
