The world is in safe hands
This is an actual quote by George Bush, in
February 2005 at Tampa in Texas, when asked how his plan to fix social security
would work.
Q: How is the new plan going to fix [the]
problem?
THE PRESIDENT: Because the --
all which is on the table begins to address the big cost drivers. For example,
how benefits are calculate, for example, is on the table; whether or not
benefits rise based upon wage increases or price increases. There's a series of
parts of the formula that are being considered. And when you couple that, those
different cost drivers, affecting those -- changing those with personal
accounts, the idea is to get what has been promised more likely to be -- or
closer delivered to what has been
promised.
Does that make any sense to
you? It's kind of muddled .... There is a reform that would help solve the red
if that were put into effect. In other words, how fast benefits grow, how fast
the promised benefits grow, if those -- if that growth is affected, it will help
on the red.
Okay, better? I'll keep
working on it. (Laughter.)
Posted: Thu - September 21, 2006 at 04:58 PM
