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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: gregor_us who wrote (31443)2/25/2004 6:18:54 PM
From: KLP  Read Replies (1) | Respond to of 793671
 
by Alan Greenspan, who said calmly that SS benefits should be cut to pay for the exploding deficits--which he himself signed off on.

I listened to the entire Greenspan testimony on MSNBC this AM. Greenspan was VERY careful in his discussion...and said he hoped he wouldn't see any one sentence headlines saying 'greenspan wants to cut SS'..... He specifically mentioned the COLA's (built in increases by cost of living percentages) and FUTURE retirees....NOT touching any of the current retirees, NOR any of the soon to be retirees.....He definitely mentioned having the future retirees needing enough time to make appropriate adjustments in their planning.

I suggest any who question the testimony be among the first folks to look up the Transcript of his testimony.



To: gregor_us who wrote (31443)2/25/2004 7:46:06 PM
From: KyrosL  Respond to of 793671
 
I think you are right on target. Bush still can be saved by a surge of new jobs. It's way overdue and likely to occur in the next few months, IMO. If jobs don't materialize, Kerry doesn't stumble, and all continue quiet on the terrorist and war front, Bush is toast.