SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (239696)7/1/2005 5:38:41 PM
From: Skywatcher  Read Replies (2) | Respond to of 1585099
 
so nice to have such a great mind in charge
Explaining his change to social security!
THIS IS NOT A JOKE. THIS IS EXACTLY WHAT HE SAID

President Bush explains his Social Security Reform
Proposal

WOMAN IN AUDIENCE: I don't really understand. How is
it the new (Social Security) plan going to fix the
problem?

Verbatim Bush response:

PRESIDENT BUSH: "Because the -- all which is on the
table begins to address the big cost drivers.
For example, how benefits are calculated, for
example, is on the table. Whether or not benefits rise
based upon wage increases or price
increases. There's a series of parts of the formula
that are being considered. And when you couple
that, those different cost drivers, affecting those --
changing those with personal accounts, the idea
is to get what has been promised more likely to be --
or closer delivered to that has been promised.

Does that make any sense to you? It's kind of
muddled. Look, there's a series of things that cause
the --like, for example, benefits are calculated
based upon the increase of wages,
as opposed to the increase of prices. Some have
suggested that we calculate -- the benefits will
rise based upon inflation, supposed to wage
increases. There is a reform that would help solve the
red if that were put into effect. In other words,
how fast benefits grow, how fast the promised
benefits grow, if those -- if that growth is affected,
it will help on the red."

Please forward this to others so they can understand
as well.