WouldBeCitizen
Registered Users (C)
I do not have a least doubt that this guy is going to destroy SS. He has destroyed everything he touched so far. God help America(s). I just do not know why he cannot get out calmly, doing his 4 years, doing nothing - like the other presidents. This is a new Bushism as of today...
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"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."-Explaining his plan to save Social Security, Tampa, Fla., Feb. 4, 2005
Source:Slate
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"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."-Explaining his plan to save Social Security, Tampa, Fla., Feb. 4, 2005
Source:Slate
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