Progress

"Politicians recognize that cutting Social Security, Medicare, and Medicaid would be hazardous to their career health. But if both sides agreed with the proposition, they could diffuse responsibility by holding hands and plunging the austerity blade in together. The middle class would get screwed but not know who to blame.

"President Biden’s jujitsu this week at the State of the Union address, effectively taking cuts to Social Security and Medicare off the table in future negotiations around the debt limit, reveals how this dynamic has been ended. The deficit hawks have lost nearly all their friends in the Democratic Party, a significant sea change that makes a grand bargain to damage retirement security far less likely."
Glad to see the Democratic Party is finally cutting loose the dull-witted austerians. https://prospect.org/economy/2023-02-10-democrats-budget-deficit-hawks/

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