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May 16, 2008

Rabbi Hillel Goldberg: Torah talk 'lost in translation'?

Diana West: Israel is not a freedom franchise, Mr. President

Caroline B. Glick: Understanding Hizbullah's power play

JWisdom: Real estate and real living by Rabbi Sroy Levitansky

May 15, 2008

Jonathan Tobin: Finding a Reason to Do Nothing

Oline H. Cogdill: Jesse Kellerman paints art world tale in brilliant strokes in 'The Genius'

JWisdom: Blake Nordstrom Speaking! by Sara Yoheved Rigler

May 14, 2008

The Jewish Ethicist by Rabbi Dr. Asher Meir: Snitching to the IRS

The Kosher Gourmet by Jill Wendholt Silva: Spring greens with fennel and herbs

JWisdom: A Righteous Gentile by Rabbi Mordechai Becher

May 13, 2008

Jonathan Mark: For pro-Israel voters, Obama's middle name should be the least of their concerns

Frank J. Gaffney, Jr.: The Leaker Shield Act

JWisdom: Why You & I Never Die: A Jewish View of Immortality, Part II by Rabbi David Aaron

May 12, 2008

Chosen Words: A newsletter for personal and spiritual growth gleaned from classic biblical and other sources that will help you enhance your day to day life. Likely the most constructive three minutes you will spend today

Mark Steyn: Israel's 'doom' could also be Europe's

JWisdom: Holocaust in the Perspective of Faith by Rabbi Nosson Scherman: When Faith Meets Fate, Part One

May 9, 2008

Rabbi Abraham J. Twerski: Reverence, Yes; Worship, No

Mona Charen: Did Israel Drive Out the Arabs 60 Years Ago?

JWisdom: Ultimate opportunities by Rabbi Sroy Levitansky

May 8, 2008

Rabbi Nathan Lopes Cardozo: Israel at 3,500+

Jonathan Tobin: Still Fighting the Same War

Steven Plaut: How ‘nakba’ proves the fiction of a Palestinian Nation

JWisdom: Taking Israel for Granted? by Rabbi Mordechai Becher

May 7, 2008

Rabbi Hillel Goldberg: Israel is irrelevant to the Israeli-Palestinian conflict

Dion Nissenbaum: Latest Olmert scandal could derail efforts to force Israel's compromises

JWisdom: My Inner Ventriloquist by Sara Yoheved Rigler

May 6, 2008

Caroline B. Glick: Anti-Zionism at 60

The Kosher Gourmet By Ethel G. Hofman: In honor of Israel's 60th anniversary, the former president of the International Association of Culinary Professionals, whose members included the likes of Julia Child, is back with a smorgasbord featuring the taste and essence of the Jewish homeland

JWisdom: Holocaust in the Perspective of Faith by Rabbi Nosson Scherman: Jewish Deer in Nazi Headlights

May 5, 2008

The Jewish Ethicist by Rabbi Dr. Asher Meir: Busy work

Jonathan Mark: Remarkable half-century old Mike Wallace interview with Abba Eban puts current anti-Israel sentiment into perspective

May 2, 2008

Rabbi Berel Wein: Rote religiosity

Caroline B. Glick: Whitewashing Hamas

JWisdom: Parent trap?

May 1, 2008

David Zwiebel: Faith communities can learn from Orthodox Jews in stimulating private philanthropy for religious education

George Friedman and Peter Zeihan of Stratfor: The Shift Toward an Israeli-Syrian Agreement

JWisdom: It's time to wake up by Rebbetzin Esther Jungreis

April 30, 2008

Jonathan Tobin: Pennsylvania's Democratic slugfest may leave some Jewish votes up for grabs

The Kosher Gourmet by Linda Gassenheimer: Fresh herbs, sauteed veal and tiny creamer potatoes makes a light spring dinner

JWisdom: How to Build a Mentch by Rabbi Mordechai Becher

April 29, 2008

Daniel Pipes: Barack Obama's Muslim Childhood

Joel Brinkley: On human rights, the U.N. once again strikes out

JWisdom: Holocaust in the Perspective of Faith by Rabbi Nosson Scherman: When The Truth is Unbelievable

April 28, 2008

The Jewish Ethicist by Rabbi Dr. Asher Meir: Q: I'm often stuck in the doctor's waiting room for hours! Doesn't he owe me something for my wasted time?

Steven Emerson: New U.S. government policy advises agencies to avoid using some of the very same words that make up terror groups' names

JWisdom: Why You & I Never Die: A Jewish View of Immortality, Part I by Rabbi David Aaron

April 25, 2008

Rabbi Mitchell Wohlberg: Schadenfreude isn't kosher for Passover --- or at any other time

Rabbi Berel Wein: The secret of how the data bank of memory is transferred from one generation to the next

JWisdom: Stepping Up to A Higher Spiritual Life by Rabbi Lawrence Kelemen, Part III

April 24, 2008

Rabbi Nathan Lopes Cardozo: The successful failure

Fred Burton and Scott Stewart of Stratfor: Placing the terrorist threat to the food supply in perspective

JWisdom: Stepping Up to A Higher Spiritual Life by Rabbi Lawrence Kelemen, Part II

April 23, 2008

Connie Ogle: An intricate game of a novel

Jonathan Tobin: Making Sense of the 'J Street' Jive

JWisdom: Stepping Up to A Higher Spiritual Life by Rabbi Lawrence Kelemen

April 22, 2008

Jonathan Rosenblum: Why Israel's 'Leaven law' matters

Caroline B. Glick: Obama the Savior

April 18, 2008

Rabbi Harvey Belovski: Multimedia tool of antiquity

Caroline B. Glick: Revealed Truths vs. revealed lies

JWisdom: More than miracles by Rabbi Sroy Levitansky

April 17, 2008

Rabbi Avi Shafran: Deconstructing Dayeinu

Rabbi Elazar Meisels: Is innovation at the Seder a slap at tradition?

JWisdom: Discovering Your Divine Mission, Part III by Rabbi David Aaron

April 16, 2008

Jonathan Tobin: A Prayer for Sderot's Children

Ethel G. Hofman: Sumptuous Seder

JWisdom: The Divine is in the details by Rabbi Mordechai Becher

April 15, 2008

Rabbi Dovid Zauderer: Let Charlton Heston Go!

Frank J. Gaffney, Jr.: Jimma, tyranny's enabler

JWisdom: Relationships: Beyond Mars & Venus, Part IV by Dr. Lisa Aiken

April 14, 2008

The Jewish Ethicist by Rabbi Dr. Asher Meir: The Snitching Supervisor

Jonathan Tobin: Forget the Fun and Games!

JWisdom: Sincerity is Valued Most by Rabbi Abraham J. Twerski, M.D.

April 11, 2008

Rabbi David Gutterman: A Mystery in the Middle East

Caroline B. Glick: Why Ahmadinejad smiles

JWisdom: Elevated illness by Rabbi Sroy Levitansky

April 10, 2008

Stratfor Intelligence Briefing by George Friedman: A Mystery in the Middle East

The Kosher Gourmet By Steve Petusevsky: The spring elegance of asparagus

JWisdom: Holocaust in the Perspective of Faith by Rabbi Nosson Scherman: The Power of Rational Lies

April 9, 2008

Michael Feldberg: An all but forgotten Colonial doctor who put his Jewish values before his life

Jordan "Gorf" Gorfinkel's "Everything's Relative" gets philosophical

JWisdom: Four Rabbis in Bnei Brak by Rabbi Mordechai Becher

April 8, 2008

Caroline Glick: Covering for the enemy

Elliot B. Gertel: 'House' goes Hasidic

JWisdom: Relationships: Beyond Mars & Venus, Part III by Dr. Lisa Aiken

April 7, 2008

The Jewish Ethicist by Rabbi Dr. Asher Meir: Q: I have a translating business. Recently someone asked me to translate some financial documents that are clearly forged. Should I agree?

Jonathan Rosenblum : Israel is unwittingly helping to fuel the international campaign of delegitimization against it

JWisdom: Matzah and leaven as a life philosophy by Rabbi Abraham J. Twerski, M.D.

April 4, 2008

Rabbi Abraham J. Twerski: The Mystery of Suffering

Caroline B. Glick: Fear of democracy

JWisdom: Dirty Jews by Rabbi Sroy Levitansky

April 3, 2008

Rabbi Y. Y. Rubinstein: Parents --- and the children who would be them

The Kosher Gourmet by Kathy Manweiler: Tempted by restaurant dressings? Don't be. Here are recipes that can be made at home, healthier!

JWisdom: The importance of retaining a 'slave mentality' by Rabbi Mordechai Becher

April 2, 2008

Mitch Albom: Child abuse, disguised as faith

Jonathan Tobin: Unreasonable Accommodations

JWisdom: Holocaust in the Perspective of Faith with Rabbi Nosson Scherman: Eliminating Jewish Influence over Germans

March 22, 2007

J-Rhythms with Avraham Rosenblum: JWR's cutting-edge music program showcasing performers -- singers, song writers, musicians, and bands -- who learn and live the Torah lifestyle (OUR NEWEST IGODCAST !)

Oct. 29, 2003
Mortimer B. Zuckerman: Graffiti On History's Walls (MUST-READ!)

Jewish World Review May 16, 2005 / 7 Iyar, 5765

GOP, Bush should fold on Social Security reforms

By Robert Robb

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http://www.JewishWorldReview.com | It's pretty obvious that President Bush's proposal for personal retirement accounts as part of Social Security isn't going anywhere.

Democrats have united in opposition; a critical mass of Republicans are squeamish; and public support has gone down, not up, as Bush has barnstormed the country in support of his idea.

There can be debates and recriminations about the reasons for this. It begins with Bush failing to run in 2004 on a specific enough Social Security plan for which to claim a mandate, and ends with Democratic deceptions about the realistic alternatives to personal retirement accounts.

But the political reality is that personal retirement accounts are highly unlikely to be passed by this Congress.

Substantively and strategically, the best move for Republicans now is to abandon efforts to reform Social Security.

Substantively, that's because the only reform worth pursuing is personal retirement accounts.

The current Social Security financing mechanism — in which today's workers pay taxes to fund retirement benefits for today's retirees — doesn't make sense given the current and anticipated future demographic trends in the country.

When Social Security was first adopted, there were over 40 workers for each beneficiary. In the 1950s, there were over 15. Today, there are 3.5, on the way to 2.

Simply put, there will be too few workers to pay retirement benefits at a cost that isn't unfair or doesn't do damage to the economy.

Instead, the country needs to switch to a system in which individual workers save for their own retirement over the course of their working careers. In fact, the real problem with Bush's proposal was that the personal retirement accounts were too small — they wouldn't allow enough replacement retirement income to be built up soon enough.

There are lots of knotty issues involved in making the transition from a pay-as-you-go financing mechanism to a true savings system. But it's the only reform that fits demographic reality.

Establishing personal retirement accounts is the primary reason Social Security reform is so urgent. They need awhile to build up replacement retirement income.

If they aren't going to be enacted, then there isn't an urgency to Social Security reform. Payroll taxes are projected to be sufficient to pay benefits through 2016. Cutting benefits today would ease the future financing problem, but it's hard to argue that it has to be done now rather than sometime between now and the ultimate day of reckoning. Raising taxes now would just increase what the general treasury owes the Social Security trust fund. Other than abstractly making Social Security's books tidier, there's no reason to raise taxes until the proceeds are actually going to be used to pay benefits.

There will, however, be a day of reckoning coming, regarding both Social Security and Medicare. The cost of these two retirement programs is projected to increase from 7 percent of Gross Domestic Product today to 20 percent over the next 75 years.

The financial pinch is already appearing. Payroll taxes were insufficient to pay hospitalization bills under Medicare last year. This year, they are expected to be insufficient to pay disability obligations under Social Security.

Right now, Social Security tax surpluses are being used to reduce what the federal government borrows. But those surpluses are projected to peak in 2008, and then decline steadily until a deficit appears in 2017.

So, it won't be that long until the costs of Social Security inaction become manifest: the need to reduce federal spending elsewhere, cut benefits, increase borrowing, or raise taxes.

At that point, the Democratic deception that there's nothing to worry about until Social Security reserves are exhausted four decades from now will be exposed. Declining Social Security surpluses will begin to cause a financial pinch even before the general treasury is called upon to somehow redeem over $5 trillion of Social Security IOUs.

That's why, strategically, it's better for Republicans to let Social Security simmer. As the true problem and choices become more obvious, political support for personal retirement accounts will undoubtedly swell.

Moreover, Democrats will no longer be able to duck the problem. Forced to confront the real choices, the Democratic preference for higher taxes will become manifest. And Republicans usually benefit when Democrats are clearly the party of higher taxes.

It's regrettable that it has come to this. It would have been preferable if Bush had run on a proposal specific enough about the knotty transitional issues to truly claim a mandate. And it would be preferable if Democrats would constructively engage the real choices involved, rather than denying the dimensions and timing of the problem and conducting a scorched earth opposition campaign to anything Bush proposes.

But that's the political reality of the moment. And given that, Republicans would be wise to fold on Social Security reform for now, and wait for financial reality to deal them a stronger hand.

Every weekday JewishWorldReview.com publishes what many in in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.

JWR contributor Robert Robb is a columnist for The Arizona Republic. Comment by clicking here.

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© 2005, The Arizona Republic

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