 Quote:
Just heard Bush at his news conference, when asked if he would be satisfied with a bill *from Congress that saved Social Security, but did not have Private Accounts.
Bush's answer was basically 'No' - So do all you neocons understand now that his main focus is not Saving Social Security? - His main focus is Private Accounts which is a step in eliminating Social Security.
I would not let this Fox in the Hen House. Let's wait for the next Democratic President to Save Social Security. It is a Democratic Program and should be saved by a Democrat!
|
CT
I agree that President Bush is not the one to solve the problem with Social Security. Note I said problem, not crises. There is a long term income/expenditure unbalance that will need to be addressed. I can be addressed on either or both sides of the equation. His private accounts idea does not address either side of the equation.
I disagree that this program is a Democratic or a Republican program. I believe that it is an American program, and should be handled by Americans. Do not trust the present Administration and Congress to address the long term funding problem. Private accounts will not do so.
OTOH, if we keep Social Security as a core, the private accout idea, funded by non Social Security money (read voluntary contributions) is a good idea. Can't President Bush say IRA, 401k, etc. For lower income workers, could be incentivized with a tax credit similar to the low income tax credit.
Just my two cents worth.
Uncledrz
|