Scrap the Cap” – Rapping Seniors Demolish Billionaire Social Security Alarmist Pete Peterson’s Phony Contest With A Fabulous Web Video – Yes, Sometimes The Good Guys Really Do Win
Oh, the sweet irony. Pete Peterson is the conservative billionaire who is a major financier in the effort to dismantle, cut and privatize Social Security, Medicare and Medicaid. Recently he and his foundation held a contest asking folks to submit videos on why it is important to “fix” the national debt of which, he and his foundation falsely claim, Social Security is a major contributor.
Sometimes the best-laid plans for a propaganda campaign can go awry. The winner of the $500 grand prize determined by popular vote on the website came from the completely opposite side of Peterson’s cut Social Security argument.
The “Just Scrap the Cap” winning video features rapping seniors rhyming their way to the conclusion that the way to shore up Social Security’s long-term finances isn’t through cuts or privatization but by scrapping the payroll tax cap on Social Security. That means billionaires like Peterson and rich CEOs would pay the same Social Security tax that low- to upper-middle-income workers do. Currently, any income above the $113,700 cap is exempt from the Social Security tax.
Peterson’s check went to Robby Stern of Social Security Works, the group that produced the video. Stern signed it over to Social Security Works and said:
We will use the $500 to finance our education efforts and our Scrap the Cap campaign. We want to save Social Security from Peterson and his band of wealthy supporters.
This year’s big media narrative has been the confirmation saga of Neera Tanden, Biden’s nominee for director of the Office of Management and Budget. At New York I wrote about how over-heated the talk surrounding Tanden has become.
Okay, folks, this is getting ridiculous. When a vote in the Senate Homeland Security and Governmental Affairs Committee on the nomination of Neera Tanden was postponed earlier this week, you would have thought it presented an existential threat to the Biden presidency. “Scrutiny over Tanden’s selection has continued to build as the story over her uneven reception on Capitol Hill stretched through the week,” said one Washington Post story. Politico Playbook suggested that if Tanden didn’t recover, the brouhaha “has the potential to be what Biden might call a BFD.” There’sbeen all sorts of unintentionally funny speculation about whether the White House is playing some sort of “three-dimensional chess” in its handling of the confirmation, disguising a nefarious plan B or C.
Perhaps it reflects the law of supply and demand, which requires the inflation of any bit of trouble for Biden into a crisis. After all, his Cabinet nominees have been approved by the Senate with a minimum of 56 votes; the second-lowest level of support was 64 votes. One nominee who was the subject of all sorts of initial shrieking, Tom Vilsack, was confirmed with 92 Senate votes. Meanwhile, Congress is on track to approve the largest package of legislation moved by any president since at least the Reagan budget of 1981, with a lot of the work on it being conducted quietly in both chambers. Maybe if the bill hits some sort of roadblock, or if Republican fury at HHS nominee Xavier Becerra (whose confirmation has predictably become the big fundraising and mobilization vehicle for the GOP’s very loud anti-abortion constituency) reaches a certain decibel level, Tanden can get out of the spotlight for a bit.
But what’s really unfair — and beyond that, surreal — is the extent to which this confirmation is being treated as more important than all the others combined, or indeed, as a make-or-break moment for a presidency that has barely begun. It’s not. If Tanden cannot get confirmed, the Biden administration won’t miss a beat, and I am reasonably sure she will still have a distinguished future in public affairs (though perhaps one without much of a social-media presence). And if she is confirmed, we’ll all forget about the brouhaha and begin focusing on how she does the job, which she is, by all accounts, qualified to perform.
