Re: are ya's for bush's ssi plan
On March 23, 2005, in it's annual report, trustees for Social Security announced that the system will go into the red in 2017. That's in 12 years. Fed Chairman Alan Greenspan warned that the day of reckoning is even sooner, telling the Senate Banking Committee in February: "The demographics are inexorable, and call for action before the leading edge of baby boomer retirement becomes evident in 2008." The Social Security trustees forecast that the so called "trust fund" will be completely depleted in 2024. Over the next 75 years, reports The Washinton Post, "the projected shortfall is $3.7 trillion." Democrats know all this, and they used to say so out loud:<br /><br />"What should we do with this surplus? I have a simple four-word answer: Save Social Security first." President Clinton, State of the Union Jan. 27, 1998<br /><br />"This fiscal crisis in Social Security affects ever generation." President Clinton, Georgetown University, Feb. 9, 1998<br /><br />"Senators Daniel Patrick Moynihan (D NY) and Robert Kerry (D, NE) have introduced "The Social Security Solvency Act of 1998," which would cut the Social Security payroll tax by 2% and allow workers to invest the tax cut in personal savings accounts." PBS NewsHour, Aug. 5, 1998<br /><br />"Social Security faces a serious fiscal crisis....Save Social Security first!" VP Al Gore, with **** Gephart, Ted Kennedy, Barbara Boxer and other Democrats at Social Security Rally on the Capitol steps, Sept. 25, 1998<br /><br />"I propose that we use a little over 11 percent of the surplus to establish universal savings accounts - USA accounts - to give all Americans the means to save. With these new accounts, Americans can invest as they choose, and recieve funds to match a portion of their savings, with extra help for those least able to save." President Bill Clinton, State Of The Union, Jan. 21, 1999<br /><br /> Well, that was then. This is now. <br />Remeber, these people all know what Greenspan and the trustees for Social Security said. Read on:<br /><br /><br />"We have no crisis." Sen. Harry Reid (D, NV) on ABC's This Week With George Stephanopoulis, Jan 16, 2005.<br /><br />"It seems this Administration tries to make a crisis on any political problem. We've got a crisis in Social Security, in the funding and financing which we don't." Sen Ted Kennedy (D, MA) on CBS's Face The Nation, Jan 16, 2005.<br /><br />" Now we have a crisis in terms of the funding of Social Security that is non-existant....All you have to do is raise the payroll tax on that and that would solve the problem that you'd have, other kinds of ways of dealing with it." Sen Ted Kennedy, (D, MA) Face The Nation, Jan 16, 2005.<br /><br />"Just as the President cried wolf to scare the nation into war with Iraq, he's trumping up a phony Social Security crisis in order to sell his private accounts." Rep. Lynn Woolsey (D, CA), quoted in The San Fransico Chroncile, Feb 3, 2005.<br /><br />"Social Security is not in crisis. It's not bankrupt, and is not collapsing." Sen John Kerry, (D, MA) at a "Fix It Don't Nix It" rally at New York's Pace University with Hillary Clinton, March 4, 2005.<br /><br />"The so-called Social Security crisis exists in one place: the minds of Republicans. In reality, the program is on solid ground for decades to come." Sen Harry Reid (D, NV) Knight Rider, March 23, 2005.<br /><br />Ok, so Social Security was in crisis up until Bush was elected, but it's fine. Dang, President Bush fixed it already? Comments of particular interest are Ted Kennedy and Lynn Wolf saying this Administration tries to make everything a crisis. Anyone remember the "school lunch crisis?" How about the "teen violence crisis" that gave "midnight basket ball." The "too few police crisis" where Clinton promised 100,000 new cops that never materialized. During the Clinton Administration, everything was a crisis. Remember the "Ozone crisis," "global warming crisis" or any of the others? No, I'm certain that you democrats don't. Aslo of interest is Kennedy's comment "All you have to do is raise the payroll tax on that" Now there's a novel approach to fiscal responsibility, need more money, just go take some more from people who can't do a damn thing about it! How in the hell does this Socialist keep getting elected? If I were from Massachusetts, I would be ashamed to admit it. Heck, after reading the above, If I were a democrat, I'd be ashamed to admit that too!<br /><br />The best cure for Social Security is to abolish it. It should have been written with a sunset clause in the first place. The government doesn't owe me a retirement, nor do they owe me health care. Anyone who feels that they are entitled to such things by the government, please feel free to immigrate to Cuba, China or North Korea. All the government owes me is the right to life, liberty and the pursuit of happiness.
