Wednesday, December 07, 2011

Ballance in the Washington Post part way too many.

Facts have a known liberal bias. Therefore, a ballanced political reporter must not mention facts which undermine arguments made by politicians, at least not if the politicians are Republicans

In this article Rosilind Helderman twice mentions the claim made by conservative Republicans that the payroll tax holiday undermines social securities finances. She never mentions that it has no effect on the social security trust fund. The change is that instead of the Social Security Administration collecting taxes and using the money to buy Treasury securities, the Treasury gives the same securities to the Social Security Administration.

I remember this and found proof here in the second url returned by my first google search. This is not an obscure fact. It makes nonsense of the following from the article:

What might normally be a no-brainer for most congressional Republicans is being resisted by many tea-party-conscious members who oppose what they consider a short-term gimmick that would worsen the federal deficit and siphon money from Social Security.


Many conservatives argue the tax cut will undermine Social Security — which is funded through payroll taxes paid by workers and employers —

To prevent Social Security from losing tax revenue, Congress mandated that revenues be transferred from the general fund to the Social Security trust funds to make up for the tax reduction. This is provided for in section 601 of the Tax Relief Act, which reads in part, "There are hereby appropriated to the Federal Old-Age and Survivors Trust Fund and the Federal Disability Insurance Trust Fund established under section 201 of the Social Security Act (42 U.S.C. 401) amounts equal to the reduction in revenues to the Treasury by reason of the application of subsection (a). Amounts appropriated by the preceding sentence shall be transferred from the general fund at such times and in such manner as to replicate to the extent possible the transfers which would have occurred to such Trust Fund had such amendments not been enacted."

Now the Conservative Republicans might (and have) argued that the trust fund is meaningless. In that case, a payroll tax can't undermine the finances of Social Security. Also the when the trust fund reaches zero, nothing will change, so it is nonsense to call that bankruptcy of Social Security.

Also, furthermore and besides, dog bites man and Mitch McConnell lies (in the same article).

“I think most Americans, most Republicans, are very reluctant to raise taxes on anyone during this economic crisis that we find ourselves in,” Senate Minority Leader Mitch McConnell (R-Ky.) saidTuesday.

The polls prove that this claim is false. Also note how he equates Americans and Republicans. Again, the inconvenient massive polling data can't be mentioned, because it is unprofessional to note facts which contradict politicians' claims. I really don't know if Democrats are offered the same courtesy of hiding their lies. They don't lie as often.

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