Whatever Does the President Mean

| Be the First to Comment | Share this: Bookmark and Share

When he takes to these fits of babbling??

THE PRESIDENT: Because the -- all which is on the table begins to address the big cost drivers. For example, how benefits are calculate, 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 what 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, as opposed 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.

And let's see.  He said his drug benefit program for seniors would cost $400 billion when the republicans passed it last year.  Now, oops, got the math wrong.  Looks more like $1.2 trillion.

Am I really supposed to believe him when he says Social Security is in trouble?  He can't seem to talk.  He can't seem to add.  Um, how did he keep this job?

Leave a comment

Me
Click above to see me morph.

Pick a Theme

CSSmbca CSSsummer CSSfall CSSwinter CSSspring CSShills

About this Page About this Entry

This page contains a single entry by Tim Tyson published on February 9, 2005 10:30 PM.

Random Thoughts was the previous entry in this blog.

North Korea is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.

December 2010

Sun Mon Tue Wed Thu Fri Sat
      1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31  

Want to Chat?

Presently, I'm...


Click the green dot if you would
like to chat with me on AIM.

Translate my Blog

Change Congress

Change Congress

I believe we need to return government to "of the people, by the people, and for the people"—not a radically new idea, really.

I invite you to explore Larry Lessig's Change Congress initiative.

Here is the orginal post about this banner.

Visitors to timtyson.us

Tools Used on timtyson.us

mediaboxAdvanced
mediaboxAdvanced

Apture

Creative Commons License
This blog is licensed under a Creative Commons License.
One click subscription through your Bloglines account
Subscribe with Bloglines

One click subscription through your NewsGator account
Subscribe in NewsGator Online

To subscribe to audio podcasts of each post, click the Talkr icon below.
Link to Podcast (RSS feed) for this blog