by Nathan Rudy On Friday, March 4th President Bush will
come to the 7th Congressional District for a "town meeting" on Social
Security with Congressman Mike Ferguson. The meeting, at the Westfield
Armory, is being called a "discussion" but it is simply another
orchestrated event for the President's supporters. Tickets for this "public" opportunity to discuss retirement security with President Bush are being handed out by only three entities: The White House; Rep. Ferguson's office; and the Union County Chamber of Commerce and Somerset County Business Partnership. The
White House and Rep. Ferguson support of President Bush's Social
Security proposal, and so does the United States Chamber of Commerce
which accredits both county business organizations. The national
Chamber is a prime funding source for the Alliance for Worker Retirement Security, a business coalition which was formed to back private investment of Social Security dollars.
With only supporters of the President's plan distributing tickets, the
likelihood of any opposing views attending the "town hall" is pretty
darn low. But they do not want opposing views in the audience. The
President has been orchestrating events such as these all over the
country with hand-picked audiences to reflect his own positions and
make it appear the public supports private accounts. However,
anyone who attended Rep. Ferguson's town meetings last Saturday knows
this is not the case. In open meetings in Bernardsville and Flemington
the Congressman was directly challenged on his support for this plan,
and on his weak grasp of the reality that Social Security faces.
I was amazed to hear Rep. Ferguson announce firmly and with resolve,
"There are fewer people in the workforce today than there were 20 years
ago." He repeated the claim twice. But it is simply untrue. The Department of Labor
says that in 1985 there were about 115 million people in the workforce,
and in 2005 there are 148 million. That's a 33 million person, 28
percent increase that Rep. Ferguson didn't know about. Rep.
Ferguson also announced with authority that by the end of the 21st
Century the Social Security shortfall would reach $75 trillion dollars.
He used that stunning number to demonstrate that the President's plan
to add $1 or $2 trillion to the deficit for private accounts was small
potatoes. But the Social Security Administration's trustees report
from 2004 says the shortfall will be just $3.7 trillion, more than $70
trillion less than Rep. Ferguson's assertion. When told by a member of
the audience had bad data, Rep. Ferguson stubbornly insisted, "That's
not the information I have." These are the basic facts of the
entire issue: how many workers will pay into the system or retire, and
how much debt do we need to make up. Yet Rep. Ferguson misstated both
in public meetings intended to educate the public on the issues facing
Social Security. If he believes these numbers, his position on
Social Security is based on bad information. If he doesn't, then he is
intentionally misleading the public for partisan gain. We
cannot address the issue of Social Security with misinformation and
misstatements of fact. It is only with an engaged, educated populace
that a proper, measured and financially prudent solution will be made. If Friday is anything like last Saturday, President Bush and Rep. Ferguson will not be leading us into that direction. [Download a flyer of this essay in Word for Windows]
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