Wednesday, February 16, 2005

THE WORST/ DUMBEST PRESIDENT EVER

CAN THE LEADER OF THE "FREE WORLD" REALLY BE THIS STUPID?

APPARENTLY SO.

BET.com Staff

Posted Feb. 16, 2005 -- Last week, at a forum in Tampa, Fla., a woman asked President George Bush how allowing citizens to set up private accounts would keep Social Security out of the red.
Following is the president's response -- verbatim.


"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."

Huh?

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