LAT: Some Find Strong Pulse in Social Security

[reprehensor]

Previously posted in LBN

Some Find Strong Pulse in Social Security

By Joel Havemann, Times Staff Writer

WASHINGTON — Even before settling on a proposal to privatize part of Social Security, President Bush is mounting an aggressive campaign to convince the public of something that many Democrats and economists say is mistaken: that the massive government retirement system is hurtling toward disaster.

Three times in the past week, Bush has created or used public relations events to promote his view that Social Security is facing a dire financial threat and needs major repairs. Most recently, Bush said in his Saturday radio address that "the system is headed towards bankruptcy down the road. If we do not act soon, Social Security will not be there for our children and grandchildren."

The issue will also be central to a White House conference scheduled for Wednesday and Thursday meant to draw attention to Bush's economic agenda for the next four years.

The public relations campaign shows that even before Congress and the public debate various plans to overhaul the hugely popular program, a major battle over Social Security is underway.

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[Geek_Girl]

1. I hope we win

I read that it will cot 2-3 trillion to implement his privatization plan. I think this one will tank the economy.

[opihimoimoi]

2. Des[ite his MBA, shrub has not shown one scintilla of evidence

he retained what was taught. If there ever was a dufus President, this man is it.

What books has he read and understand regarsding this financial aspect. What kind of background does he have re retirement systems and how they work? The answer is Nada.

[asjr]

3. The college gave him that MBA just to get

rid of him. He thinks MBA stands for More Bad Ass.

[opihimoimoi]

4. LOL, you got that RIGHT