| President Bush, kicking off his post-election campaign to partially privatize Social Security, promised today that he would not raise the Social Security payroll tax in order to pay for his proposal.
He reiterated, as well, that he will propose no changes in Social Security for those who are currently retired or for those nearing retirement and that participation in any privatization scheme would be "voluntary even for younger workers." Bush did not specify where the money would come from to finance the transition to partial privatization. The sum required, by some estimates, may be as high as $2 trillion over a decade. ..snip.. Bush did not propose another way today. "I will not prejudge any solution," he said. But, he added, "we will not raise payroll taxes to solve this problem." |
Well this should be entertaining. He's not going to prejudice any solution, except for the one that makes the most sense. And we're not going to change anything, except the things he wants to change. And we're not going to worry about how much it costs, because... Hmm.... because costs are something to be borne by our grandkids, not us! Why be fiscally disciplined when its just so much easier not to be! (repeat after me - it is not 'fiscally conservative.' It's 'fiscally responsible.' Conservatives have until further notice forfeited the right to that title through their own mismanagement of the surplus handed to them by a 'liberal')
Anyone want to place bets on how long the fiscally responsible members of his party will go along with the madness? GW couldn't even keeps the troops in line on Intel reform.
You wanted the gov't, now you got it. Best be ready George. When you overreach - and you will, no doubt - we in the reality-based community will be right there, waiting and ready to tell the world. I'm ready. Are you?
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