I don’t think we should cut Social Security benefits. But if we are going to cut Social Security benefits, I think it doesn’t make sense to do what the Obama administration has done and make “No current beneficiaries should see their basic benefits reduced” one of the bargaining points.

In essence, by first separating the domestic budget into “discretionary” and “entitlement” portions and then dividing the entitlement programs up into “what today’s old people get” versus “what tomorrow’s old people will get” the political class has created a large and vociferously right-wing class of people who are completely immune from the impact of their own calls for fiscal austerity. In my view, that reality is the biggest driver of our current political dysfunction.

Progressives don’t need to indulge the premises of this “welfare state for me but not for thee” brand of conservatism that’s taken over the country.

Yglesias >> Lucky Duckies