Bachmann appears to oppose Social Security and Medicare

In a move that must have given the Minnesota DFL a hard-on, Bachmann has said some things suggesting she’d like to end Medicare and Social Security altogether. These comments come from a conservative political conference. She’s talking about the national debt, specifically Glenn Beck’s claim that there’s $107 trillion in unfunded Medicare and Social Security liabilities. It’s unclear what that phrase means, but no matter:

Is the country too big to fail? No, the country can fail. We can, we’re not invincible. And we’re so close now to being at that point because the thing is, as Glenn Beck said last night, it is true. The $107 trillion that he put on the board. We’re $14 trillion in debt, but that doesn’t include the unfunded massive liabilities. That’s $107 trillion, and that’s for Social Security and Medicare and all the rest. You add up all those unfunded net liabilities, and all the traps that could go wrong we’re on the hook for, and what it means is what we have to do is a reorganization of all of that, Social Security and all. We have to do it simply because we can’t let the contract remain as they are because the older people are going to lose. So, what you have to do, is keep faith with the people that are already in the system, that don’t have any other options, we have to keep faith with them. But basically what we have to do is wean everybody else off. And wean everybody off because we have to take those unfunded net liabilities off our bank sheet, we can’t do it.

If we are reading this right, she’s saying to keep people who are already getting Social Security and Medicare in the system, but to end it for everyone else and let the system die as people age out of it. Lack of support for those systems is generally considered political suicide (cf. Michael Steele last fall), so we are greatly enjoying watching the Reed and Clark campaigns make hay out of it.

(As it happens, CNBC reported Feb. 8 that Social Security actually has a surplus, although that won’t last forever. But PolitiFact says Beck has a lousy record when it comes to telling the truth.)

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