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Bush clarifies his position on the solvency of Social Security

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BurtWorm Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-07-05 01:28 PM
Original message
Bush clarifies his position on the solvency of Social Security
Edited on Mon Feb-07-05 01:28 PM by BurtWorm
"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. Look, there's a series of things that cause the -- like, for example, benefits are calculated based upon the increase of wages, as opposed to the increase of prices. Some have suggested that we calculate -- the benefits will rise based upon inflation, as opposed to wage increases. 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."

http://www.whitehouse.gov/news/releases/2005/02/20050204-13.html
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BlueEyedSon Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-07-05 01:28 PM
Response to Original message
1. Clear as mud, as usual!
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fryguy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-07-05 01:31 PM
Response to Original message
2. egads! its almost as if HE doesn't even know what's he's talking about...
....oh wait....HE DOESN"T!
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sam sarrha Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-07-05 02:10 PM
Response to Reply #2
8. link
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leftofthedial Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-07-05 02:21 PM
Response to Reply #2
9. bingo
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liveoaktx Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-07-05 01:34 PM
Response to Original message
3. Vid clip from Olbermann last week
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cthrumatrix Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-07-05 01:47 PM
Response to Reply #3
4. who in the hell would trust this wackjob
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rkc3 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-07-05 02:10 PM
Response to Reply #4
7. Maybe Alzheimer's patients and bush's fellow criminals who aren't
affected by this plan trust this asshole.
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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-07-05 01:51 PM
Response to Original message
5. Sounds like the MoFo is backtracking to me???
Did a few Repubs tell him he was going this battle alone???
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BurtWorm Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-07-05 02:00 PM
Response to Reply #5
6. Sounds like he's bullshitting to me
Edited on Mon Feb-07-05 02:01 PM by BurtWorm
Like he doesn't know the first thing of what he's talking about and is trying to gauge what to say from the reaction of his listeners.
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