Donate Today!

EMAIL SIGN UP!

 

Progressive Community

The press releases posted here have been submitted by

America's Progressive Community

For further information or to comment on this press release, please contact the organization directly.

FOR IMMEDIATE RELEASE
June 17, 2011
3:00 PM

AARP: Lobbying Group for Seniors or Insurance Company?

WASHINGTON - June 17 - The Wall Street Journal reports today: “AARP, the powerful lobbying group for older Americans, is dropping its longstanding opposition to cutting Social Security benefits, a move that could rock Washington’s debate over how to revamp the nation’s entitlement programs.”

DOUG HENWOOD, dhenwood at panix.com
Editor of Left Business Observer, Henwood said today: “The news that AARP will now support cuts to Social Security reads like a sign that this former lobby for the interest of older Americans has now transformed itself completely into an insurance company. Surely they can’t be persuaded by the merits of the arguments, since the alleged Social Security crisis is a phantom that can’t survive a serious round of fact-checking.” See Henwood’s pieces on Social Security here.

MAX RICHTMAN, PAMELA TAINTER CAUSEY, causeyp at ncpssm.org
Richtman is the executive vice president and acting CEO of the National Committee to Preserve Social Security; Causey is communications director for the group. [A previous version of this release incorrectly stated that Barbara Kennelly is the group's president.]

DEAN BAKER, via Alan Barber, barber at cepr.net
Available for a limited number of interviews, Baker is author of Plunder and Blunder: The Rise and Fall of the Bubble Economy and co-director of the Center for Economic and Policy Research. He said today: “AARP has consistently exercised poor judgment in pushing the interests of senior citizens. Back in the mid-90s’ debate over changing the cost of living adjustment for Social Security, AARP’s policy director John Rother publicly asserted that the consumer price index overstated the true rate of inflation by 0.5 percentage points, implying that a reduction in the annual adjustment of this amount would be acceptable.

“Fortunately, people with more knowledge of the index carried the day. The only change to the adjustment came from changes in the CPI itself, which lowered the measured rate of inflation by 0.2-0.3 percentage points.

“It doesn’t appear that the judgments of Mr. Rother or the AARP have improved over the last 15 years.” Baker also co-wrote the book Social Security: The Phony Crisis and regularly blogs at “Beat the Press.”

VIRGINIA RENO, vreno at nasi.org
Vice president for income security policy for the National Academy of Social Insurance, Reno just wrote “Case Against Cutting Social Security” for IPA’s blog.

###

A nationwide consortium, the Institute for Public Accuracy (IPA) represents an unprecedented effort to bring other voices to the mass-media table often dominated by a few major think tanks. IPA works to broaden public discourse in mainstream media, while building communication with alternative media outlets and grassroots activists.



Comments are closed

1 Comment so far

Show All

Comments

Note: Disqus 2012 is best viewed on an up to date browser. Click here for information. Instructions for how to sign up to comment can be viewed here. Our Comment Policy can be viewed here. Please follow the guidelines. Note to Readers: Spam Filter May Capture Legitimate Comments...