Wednesday, February 02, 2005


Says no to payroll tax increase, because God forbid the wealthy donors have to pay into the system. Insisting the system be fixed permanantly, and yes, "voluntary personal retirement accounts." Let's parse language, shall we?
Bush says "part" of that money be set aside. That investment will accumlate more money than Social Security can. This, of course, assumes no stock market crashes, no economy tanking, etc.
Says there will be all sorts of controls, such as no hidden fees, conservative mix of stocks and bonds, insurance for crashes as retirement nears.
Yes, there was ownership being touted right there....Wow, for an ownership society, sounds like a lot of government control.


Post a Comment

<< Home