Saturday, March 05, 2005

Express Train To Disaster

TomPaine.com - Express Train To Disaster Discussing social security, President Bush stated:
"Because the all which is on the table begins to address the big cost drivers. For example, how the 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?"

As the article in Tompaine.com by David Corn concluded: "That hardly sounds convincing. Did Republicans at that point realize they were on an express train with a conductor who doesn't understand how the damn thing works? More importantly, will this train jump the rails? Slow down? Run out of steam? Or is Bush (with his nine-year-old assistant) dead-set on crashing it into the station? I doubt anyone knows. Maybe not even the man in charge."

The Bush plan to tinker with social security gets low ratings from most Americans. Face it, most of us don't want this program eliminated, gutted or severely altered.

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