Democratic Resolution on Social Security
by Michael Bersin, Sat Jan 22, 2005 at 05:46:46 AM EST
A member of the Democratic Club of Johnson County, Missouri proposed the following resolution on Social Security to the membership of the club at its regular monthly meeting on Friday evening, January 21, 2005.
WHEREAS Social Security is the most successful domestic program in American history, having provided a guaranteed retirement safety net for millions of Americans since 1935, and
WHEREAS current Congressional Budget Office projections report the trust fund will remain solvent through 2052, afterwards covering 81% of promised benefits, with no change to the program, while transition costs alone for abandoning Social Security in favor of private accounts are estimated at 2 trillion dollars, and
WHEREAS the so-called "crisis" in Social Security is a manufactured scare tactic intended to bolster President Bush's plans to replace Social Security with an unstable market-based system,
BE IT RESOLVED that the Democratic Club of Johnson County, Missouri, opposes any effort to phase out and/or replace Social Security, in whole or in part, in favor of a private accounts-based system, and
RESOLVED that the Democratic Club of Johnson County, Missouri, will not support financially any Democratic candidate who expresses support, advocates for, or votes for such a plan.
Upon passage of this resolution, the Chair of the Democratic Club will send the resolution to appropriate members of Congress, the state Democratic party, and appropriate media outlets in our area, including the Kansas City press.
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