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Politics : Sioux Nation -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (51893)	12/8/2005 5:07:38 PM
From: T L Comiskey	Read Replies (1) \| Respond to of 362151

Subject: Explanation of the Presidents new social security plan. > > > President Bush explains his Social Security Reform Proposal > > >WOMAN IN AUDIENCE: "I don't really understand. How is it the new plan going >to fix the problem?" > >Verbatim 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." > >Forward this to others so they too can understand... > > > _____