Commentary
Few things have worked better over the decades for Democrats in attracting the votes of those of modest means than declaring that Republicans are trying to throw Grandma out into the snow to die. And President Joe Biden’s speech on Tuesday night continued the tradition.
Go back four decades to when President Ronald Reagan and the Democrats’ House Speaker Tip O’Neill agreed to a compromise that promised long-term solvency for the Social Security system “sufficient to pay scheduled benefits in full through 2057,” which included rendering half of the value of Social Security benefits subject to taxation, accelerating payroll tax increases, and raising the age for full retirement at a point long down the road….