Matthew Yglesias writes:
TPMCafe || Crisis Averted: Remember the Social Security crisis? Isn't it a bit, um, interesting that the president suddeny stopped thinking it was critical to do something about the program once it became clear that his preferred changes weren't going to be adopted?... What happened to all the media hecklers? You know the ones. The ones slamming the Democrats for "irresponsibly" refusing to negotiate with Bush unless he took privatization off the table. That was, supposedy, irresponsible because of the looming crisis. Well, if it ever existed it's got to still be looming. So isn't it irresponsible of the administration to have suddenly dropped the topic? Shouldn't they give up on privatization and appoint a real bipartisan commission to come up with small-scale adjustments?
Funny how not only Bush, but huge swathes of the press, suddenly lose interest in this purported crisis if it can't be "solved" in a way that redistributes wealth upward. I'm just saying.