October 10, 2007

Unh huh, right, yeah....

Clinton to propose universal 401K plan - First Read - msnbc.com:

From NBC’s Athena Jones
Clinton will lay out a proposal to provide a universal 401K plan for everyone, at a speech today in Webster City, Iowa. Her staff is calling it the second-biggest policy rollout of the campaign in terms of cost and the number of people it would cover.

Under the plan, everyone would have access to a 401K and would be able to get matching funds from the government. It is part of Clinton's effort to increase retirement security by promoting savings and investment. Clinton's policy advisors will explain the plan in detail after the speech...

SO, the ordinary worker is going to put money in 401-K's. To his or her great advantage, obviously. How, may I ask, is this different from what Bush wanted to have them do with some of their Social Security money? Hmm? I'll just sit here and wait while all the 100%-fake liberals who bombarded me with 100%-fake outrage over how Bush was trying to "destroy Social Security" explain the discrepancy...

But this is a good chance to explain the difference between principled and unprincipled politics. Principled = If Hillary were elected president, and were to propose this, and if seemed like a good plan to me (I don't have any opinion yet) I would say that Republicans should support it. Or if she were to revive Bush's Social Security plan, and call it her own, I would be just as much a supporter of the plan as I was in 2005. (In the same way, Congressional Republicans supported Bill Clinton on NAFTA and Welfare Reform.)

Unprincipled = all those prosperous liberals who have their own retirement funds in IRA's or 401-K's, but who, out of pure partisan venom, did everything they could to block a Republican plan that would give that very same advantage to ordinary Americans. To the workers they claim—filthy liars that they are—to care about so much more than greedy capitalist Republicans.

Posted by John Weidner at October 10, 2007 5:35 PM
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