The keen antennae of Matt Margolis at Blogs for Bush have detected the following from a recent visit by new DNC Chair Howard Dean to Cornell University. From The Cornell Daily:
Dean pointed out that, while he would not endorse this, if Social Security were left alone for 30 years, its benefits would be reduced to 80 percent of what it is now. He acknowledged that while there were indeed problems with the program, turning to Wall Street was not the answer.
Now Dean still opposes the President’s plan and wants to paint it with the false brush of “privatization,” but he has essentially acknowledged the Democratic argument on Social Security is deeply flawed: we can’t expect the program to keep functioning according to the status quo.
Uh, Mr. Dean, a follow-up question, please?
There’s more. Not only is their argument flawed, they voted for it before they voted against it. See why over at ItsComeDown2This.