PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: Kenneth E. Phillipps who wrote (546522)	2/29/2004 11:21:42 AM
From: GROUND ZERO™	Read Replies (1) of 769670

First of all, there's no need to panic... Greenspan only suggested that we reduce the annual SS cost of living increases to fall in line with the actual cost of inflation... don't forget, he warned us about "irrational exuberance" when we were irrationally exuberant, and no one listened, but he was right then... and he's right again now with SS, but everyone thinks he suggested we'll run out of money... well sure, we'll run out of money if the annual SS cost of living increases aren't properly adjusted... also, SS was first issued 50 years ago when the life expectancy was 65, today it's 77 and older, so an adjustment has to be made there also... no need to freak and panic, as the demohacks like to do, just listen to what Greenspan suggested and act accordingly... GZ

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