CEPR - Bat Boy Lives! As Do Myths About Social Security:
"The fact that a major Democratic presidential candidate could attack the front-runner in 2007, for not proposing a solution to a problem that is so relatively small and uncertain and nearly four decades away, is testimony to the power and durability of well-financed right-wing propaganda -- especially when there is no matching effort on the other side. The right spent more than two decades, and millions of dollars, discrediting Social Security with nothing more than verbal and accounting tricks - they never even bothered to make their own projections to compete with Social Security's Trustees. Some of the money that altered public opinion came straight from Wall Street financial firms who stood to make a fortune from privatization. These efforts should be regarded as one of the most successful disinformation campaigns in modern history. "
I had a previous link regarding Obama's Social Security errors but Mark Weisbrot makes it clear. This has been a thorn in the Heritage Foundation and Federalist Society's sides for decades. They had near complete control of government and were going to make sure SS was killed. This is why the trillions being spent on the war and the billions of dollars in tax cuts don't matter to them: they want government destroyed. They want it bankrupt.