Quote:
|
Originally Posted by theking
To the best of my knowledge the President has yet to come up with a plan to cover the predicted shortfall...of funds that will become critical in forty years or so.
It is my understanding that privatizing a portion of SS...actually will remove two trillion dollars from SS and does zero...nada...to resolve the short fall of available funds...that will become critical in forty years or so and in fact the two trillion dollars removed from SS will increase the short fall problem.
There are only a hand full of ways to resolve the short fall of funds that will become critical in forty years or so and to the best of my knowledge the President has not offered up a plan with any real solutions to this problem...just as the Democrats have not at this point...but I do think that most Democrats are against privatization.
|
WORD!!
If Bush can say everything is on the table except for raising taxes, why can't the democrats say everything is on the table except for private accounts?
Bush agrees to drop private accounts, or at the very least have them in addition to regular social security, and the dems will come to the table and hammer out a deal.
If he won't drop the private accounts then there's no point in proposing a plan that will be rejected by Bush and the congress he has in his back pocket.