Brokaw, a multi-millionaire in his own right, sought to challenge the two candidates by repeatedly suggesting that they “admit” that all Americans were responsible for the economic crisis and therefore all should be compelled to make sacrifices.
McCain flatly declared that future retirees would face reductions in their Social Security benefits, saying “We are not going to be able to provide the same benefit for present-day workers that present-day retirees have today.”
Obama was more cautious, noting that it would difficult to convince struggling middle-income and low-income families that they needed to make more sacrifices, but concluding, “And that’s why I think it’s important for the president to set a tone that says all of us are going to contribute, all of us are going to make sacrifices, and it means that, yes, we may have to cut some spending.” Significantly, he did not criticize McCain’s call for cuts in future Social Security benefits.
In their common dismissal of the significance of the financial catastrophe, it is hard to know where deliberate deception ends and self-delusion begins. Both candidates are firm believers in the mythology of the “free market,” and, despite paying lip service to the seriousness of the crisis, did everything possible to cover up the catastrophic implications for the jobs and living standards of the vast majority of the American people.
Tell me why the masses should have to pay for the fuck-ups by the elites. Hell, if there were any justice at all, these crooks would be spending time in jail for fraud.
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