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September 25, 2008

Democrats' Social Security attack

With the economy in crisis, Democrats are increasingly attacking Republican candidates for supporting President Bush’s past proposal allowing workers to invest Social Security retirement funds in the marketplace.

The latest is an ad from the Democratic Senatorial Campaign Committee against Sen. Gordon Smith (R-Ore.), who is facing a tough re-election bid against Democrat Jeff Merkley.

“Gordon Smith wanted to privatize my Social Security,” says one man in the ad. “I would be on very insecure grounds as far as my retirement is concerned.”

Another woman says: “If Gordon Smith and George Bush had gotten their own way, we’d be in hot water.”

The Democratic Congressional Campaign Committee is also up with an ad against Louisiana state senator Bill Cassidy, accusing him of “wanting to privatize Social Security” and “let Wall Street gamble with your retirement.” Cassidy is challenging Rep. Don Cazayoux (D-La.).

Indeed, with candidates not wanting to make the bailout a campaign issue right now, Social Security has become the means by which Democrats are attacking Republicans on the faltering economy. Expect Democrats to unleash a lot more of these Social Security ads in the days to come.

UPDATE:  For your perusal, my colleague Ryan Grim took a look at the questionable accuracy of some of these ads in the Crypt.