Passed 6/6/2011
WHEREAS Social Security is the most successful domestic program in American history, having provided a guaranteed retirement safety net for millions of Americans since 1935, insuring that no American worker need retire into poverty, and
WHEREAS Republicans, Wall Street interests, corporate media reporters and, unfortunately, some Democrats have wildly exaggerated a possible projected shortfall in the ability of Social Security to pay full benefits starting several decades from now by labeling it a “crisis” and falsely implying it contributes to the budget deficit, and
WHEREAS Social Security is funded 100% by worker and employer contributions, and many options exist to ensure Social Security can pay full benefits indefinitely — including raising the cap on taxable income — that have been ignored by policymakers attempting to cut hard-earned benefits for future retirees,
THEREFORE BE IT RESOLVED that the Democratic Party of the San Fernando Valley (DPSFV) opposes any legislation, plan, or recommendations, that will in any way harm the benefits, structure, or traditional role of Social Security, including but not limited to privatization of Social Security accounts, increasing the retirement age, means testing of benefits, or indexing benefits to a measure other than wages, and
THEREFORE BE IT FURTHER RESOLVED that the Democratic Party of the San Fernando Valley will not endorse or support financially any Democratic candidate who expresses support, advocates for, or votes for such a plan.