Most Democrats don't realize Obama wants to cut social security, Medicare, and Medicaid

Yes, your Democratic President, Barack Obama, is committed to cutting social security, Medicare, and Medicaid even though these are “entitlements”, meaning you already funded these employee medical and retirement benefits from weekly paycheck withdrawals over your entire adult life.  Sad, isn’t it, that the middle class is not entitled to its own employee benefits money.

By the way, social security and Medicare are referred to as “entitlements” because you are entitled to this money.  Yes, this is actually your money, funds that you and your employer have been contributing at a rate of 15.3% of your payroll earnings over the past 40 to 50 years of your working adult life, to be held in trust by the Social Security Administration.  Of course, the purpose of social security and Medicare is to provide a modest, meager pension income and major medical insurance coverage following your retirement, after slaving away for most of your entire life so you could have just a little bit of security in the few remaining years of your life.

You don’t believe that President Obama intends to cut social security, Medicare, and Medicaid after the election?!  Have you read Bob Woodward’s new book, “The Price of Politics”?  It’s all there, in black and white, how President Obama has confessed to being a “blue dog” Democrat (a "blue dog Democrat" is a "conservative" and not a "progressive" Democrat), has stated repeatedly his commitment to cut entitlements, and is determined to drag along other Democrats to agree to the cuts to social security, Medicare, and Medicaid, ever since the year 2009 when he took office as President. 

Most Democrats are unwilling to believe that President Obama will cut social security and Medicare, in spite of all the evidence to the contrary, including the highlighting of the Bowles-Simpson deal by Clinton and Obama at the recent Democratic convention.  Bowles Simpson will raise the retirement age to 69, reduce the COLA coefficient, and hollow out benefits for middle and upper middle earners so that their maximum benefit is merely 1.5 times the poverty income level of $10,000 annually. 

Obama’s game plan is to raise the retirement age up by three years, so instead of retiring at age 66, you would only be eligible to retire at 69 years of age.  If the retirement age is raised to 69 years of age, that is like the federal government robbing you of $65,000 of your own money!  That's right:  you don’t get three years of retirement monies.  Wow.  A supposedly Democratic President shafting labor.  Where is the outcry from Democratic members of Congress?  They all know this is about to occur after the election.

For more evidence of President Obama’s betrayal of the American working and middle classes, please see, “Cenk Uygur says President Obama will definitely cut the entitlements of Social Security, Medicare, and Medicaid.”

Let your Democratic leaders, and President Obama, know how you feel about their intentions to cut social security, Medicare, and Medicaid, and tell them BEFORE the election, and make them promise to vote against any cuts to our retirement and medical benefits!  Tell them to raise taxes on the wealthy and corporations, instead of proposing more tax cuts for the corporations!

The Barefoot Accountant