Bush's plan would hurt small businesses, Democrats say (Kerry & Dorgan)

[sabra]

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http://www.ledger-enquirer.com/mld/ledgerenquirer/news/politics/11903936.htm

Bush's plan would hurt small businesses, Democrats say

BY JEREMY BORDEN

Knight Ridder/Tribune News Service


WASHINGTON - (KRT) - Two leading Democratic senators said Wednesday that President Bush's Social Security plan would be devastating to small businesses.

At a Capitol Hill news conference, Sens. John Kerry of Massachusetts and Byron Dorgan of North Dakota presented a report saying the plan hasn't accounted for the affect on small businesses - which Kerry and others said would be paralyzing.

The report concludes that small businesses - those with 500 employees or fewer, would suffer crippling costs as a result of the president's proposal to implement individual, privatized accounts to pay for Social Security.

Bush has said the Social Security system will begin running a deficit in 2018. Democrats have disputed that claim, however.

The report, titled "President Bush's Social Security Privatization Plan: Benefit Cuts, Red Tape, and Increased Costs for Small Businesses," says that if the president's plan were implemented, small businesses would be forced to:

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[Democrats_win]

1. Thats the kind of sound-bite we needed in 2004

[blm]

2. Kerry brought this up alot during the campaign. The media let the GOP spin

machine get away with attacking Kerry for accusing Bush on the changes to Social Security. Mehlman and Gillespie said Kerry will say ANYTHING to scare the American people and never answered the real charges. The media refused to question the Bush campaign further on it, letting the whole SS issue drop.

[ohtransplant]

3. There's a lot going on right now

so something like this has the potential to be drowned out.

The point is Kerry has been, and continues to be a friend of small business. Small business people should discover this fact. Good to see him taking it to them.

* and his merry band of thugs favor only the big guys. You know - the kind that can afford lobbyists, and big non-compete government contracts.

[flordehinojos]

4. a rich man who oppresses the poor, is like a devastating rain that leaves

no food.

Proverbs 28:3 fully describes the bush boy and his administration!

[FLSurfer]

5. Not sure how this would change anything

but the KJ version says "A poor man that oppresseth the poor...
I also like others in Proverbs 28

28:6 Better is the poor that walketh in his uprightness, than he that is perverse in his ways, though he be rich.

28:9 He that turneth away his ear from hearing the law, even his prayer shall be abomination.

[Demeter]

6. Are There Any Small Businesses Left?

Or is this just talk about businesses between 10 and 500 employees?