I know not what course others may take, but as for me, give me liberty or give me death.

January 7, 2005

It’s Not A Crisis

by @ 1:29 pm. Filed under General

What I know about the Social Security situation:

  1. There was a big adjustment made in 1982 which made Social Security viable for at least the next 75 years.
  2. Bush’s proposal will cut benefits.
  3. Bush’s real intention is to scrap the program.

Social Security- Love it or hate it, Democrat/Republican/Whatever- when someone lies to your face it should give you pause. George W. Bush is lying to your face.

…And why the hell not? It worked when they wanted to invade Iraq even though every sensible person knew it wasn’t necessary. When it turned out to be a mistake those who knew this would happen were marginalized. So… no consequences.

Plus it’s just so much easier to lie- you’re not bound by any reality. Tell people they’re threatened, they’ll vote you in for another four years.

Right this minute Bush’s people are predicting worst-case scenarios which assume that not only social security, but the entire economy will crash in a few years. Bush’s numbers assume the US Government won’t be able to make good on treasury bonds issued for the Social Security trust fund. No explanation is given for why this would happen, or how privatizing parts of Social Security would avoid such a disaster.

If the government stops paying off Treasury bonds Social Security will be the least of our concerns.

If you believe Social Security is in crisis, I’ve got some weapons of mass destruction in Iraq I could sell you… real cheap.

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