In fact, a June 13 report by the Media Research Center found that, “Social Security coverage on the five major networks has been overwhelmingly against personal accounts by a margin of 2 to 1. Four of the five gave more air time to the liberal position (against) than to explaining economic realities.”
The economic reality of doing nothing is economic destruction. The only question is when.
Similarly, I predict that the Democrats will use the same “do-nothing” attack against changing the obese tax code when the President’s Tax Panel issues its report. No matter what the Tax Panel recommends, the Democrats will make their usual cries of, “it’s a tax cut for the rich.” That’s Democratic code again for “let’s keep the economic frog in hot water and turn up the heat for the good of the Party and the next election.”
The Democrats in Congress try to create the perception that they are the political party that best represents the poor. There is some truth to that claim. They want everybody to be poor when they retire in the future by doing nothing today.
The combination of do-nothing Democrats and a divided Republican majority is a losing combination for the American public. Our economy is now back on solid ground and growing steadily since it was rocked by the terrorist attacks on September 11, 2001. The economy’s resiliency is a testament to the optimism and pride Americans have shown in their nation since the attacks. But resiliency, optimism and pride can’t sustain forever the effects of an insolvent Social Security system and a tax code which robs hard-working Americans of their dreams.
We have a unique opportunity in this presidential term to save America’s economic future by restructuring the Social Security system and replacing the out-of-date tax code. Congress has turned up the heat on our economic frog’s legs long enough. Let’s turn up the heat on Congress and demand that our elected representatives save the frog.
Herman Cain
Herman Cain is the National Chairman of the Media Research Center’s Business & Media Institute. He is the former president and CEO of Godfather’s Pizza, Inc., and currently is CEO and president of T.H.E. New Voice, Inc., a business and leadership consulting company.
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