Dean Baker says we need to celebrate the final defeat of the gimlet-eyed granny starvers -- our political foes who were not so long ago determined to cut and/or "privatize" social security and medicare.
This latest attempt by the owning class to sabotage the social safety net was led from the outset by one Pete Peterson, who "
But the deficit got smaller, the economy slowly and painfully has begun to stir, and when news media yielded to public pressure and began to emphasize that social security has nothing to do with the deficit, and the noses of the deficit-hysteria crowd grew longer. Then came Reinhartd-Rogoff, and it was checkmate, lights out.
Along with the current intestine discord among Republicans and the objects of universal ridicule it has spawned, this is something we need to at least breathe a sigh of relief for. I'd bet that even a good number of ex-teabaggers in the picture, considering the demographic are relieved and grateful.