Yuval Levy of the right wing American Enterprise Institute has written a op ed piece for the New York Times that starts out with a beautifully phrased defense of Social Security and Medicare as “an act of intergenerational gratitude and generosity” that he regards as laudable and necessary but then ends by endorsing a plan to end Social Security as we have known it and substituting a universal benefit set just above the poverty line. He doesn’t even suggest the possibility of survivor and disability benefits. The right wing never discusses survivor and disability benefits. They don’t fit into their Social Security “reform” schemes. Levy goes on about how a universal benefit set just above the poverty line plan lifts a few seniors out of poverty. He doesn’t mention that this plan would mean a dramatic cut in benefits for most. His idea for a voluntary defined contribution plan on top of his version of “Social Security” hardly changes things. At best, that’s a retirement crap shoot compared with the actual “security” in Social Security not to mention that a vast number, probably most, workers wouldn’t make the voluntary contributions.
In its own way this may be the most disgusting piece of right wing anti-Social Security propaganda I’ve ever seen. He must think that we’re all fools. This idiotic plan would destroy Social Security and lead to riots in the streets. Levy can dress up his rhetoric with paeans about intergenerational obligations all he wants but his hostility to the very concept of Social Security is obvious. The plan is simple. Transform “Social Security” into something that is widely despised, then end it. That’s the aim of every right wing plan for Social Security “reform.”