Paul Krugman does a fantastic job of explaining how the President's latest attempt at killing Social Security as we know it is really a kick to the gut of the middle class. While the middle class would face double digit percentage cuts, the average millionaire would see a one percent cut.
Why do Republicans hate the middle class so much? Is it because they think somebody who is making $57,000 a year (the acutal median income) is poor? Is it because as the Lt Governor of Maryland said over the weekend that people making $300,000 are the middle class? Or is it that they just don't care?
Monday, May 02, 2005
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