REMINDER re bush's SS "plan" and his bullshit. Always his bullshit.

[LynnTheDem]

The "plan" bush tried to sneak through via his "cut milk from American kids, we need more guns" budget;
http://www.msnbc.msn.com/id/11235990/site/newsweek/from/RSS

bush LIED in 1978 when he said SS would be bankrupt by 1988 if it wasn't privatized.
http://www.bushfiles.com/bushfiles/midland.html

And in 2001:

Commission Impossible:
Why Bush is abandoning Social Security reform

So when Bush became the latest Republican to back away from the commission, its critics were ecstatic. For months they had warned that conservative-style reform would require either unpopular tax increases or equally unpopular cuts in benefits.

Now it looked like the White House had come to the same conclusion.
http://www.prospect.org/print-friendly/print/V12/22/confessore-n.html

Then in 2002:

Social Security In The 2002 Elections:
Candidates Won By Renouncing Privatization

A special Republican Campaign Committee task force instructed candidates there was no way to win votes with the Bush Social Security plan.
http://www.tompaine.com/feature.cfm/ID/6717

Report Predicts Deep Benefit Cuts Under Bush Social Security Plan
http://www.mediatransparency.org/aroundthewebblurb.php?aroundTheWebBlurbID=58

2004:

bush; Inventing a "crisis"

Projections in a recent report by the Congressional Budget Office say that the trust fund will run out in 2052. The system won't become "bankrupt" at that point; even after the trust fund is gone, Social Security revenues will cover 81 percent of the promised benefits.

The report finds that extending the life of the trust fund into the 22nd century, with no change in benefits, would require additional revenues equal to only 0.54 percent of G.D.P.

That's less than 3 percent of federal spending - less than we're currently spending in Iraq. And it's only about one-quarter of the revenue lost each year because of President Bush's tax cuts - roughly equal to the fraction of those cuts that goes to people with incomes over $500,000 a year.
http://query.nytimes.com/gst/abstract.html?res=F70E11F73F550C748CDDAB0994DC404482

bush's temporary TAX CUTS for the rich, if made permanent, will cost THREE TO FIVE TIMES GREATER than the amount of Social Security over the next 75 years.
http://www.thedubyareport.com/socsec1.html

Cost of the 2001/2003 tax cuts, if made permanent; $11.6 trillion

Cost of the new Rx Drug Benefit; $8.1 trillion

Combined cost of Rx drugs and permanent tax cuts; $19.7 trillion

Shortfall, Social Security Trust Fund; $3.7 trillion

http://www.cbpp.org/1-4-05socsec.htm

And if we DO NOTHING WHATSOEVER, (don't even bother coming up with alternative plans to bush's bullshit) then retirees will still get 81% from 2052 onwards...With bush's "plan", you'll only get 75% from 2042 onwards.
http://www.truthout.org/docs_04/120804X.shtml

So, as always, doing bush's plan IS WORSE than doing nothing at all.

Gee, what a surprise.

[louis-t]

1. "bush LIED in 1978 "

Why are repugs always so wrong/

[bananas]

3. Did he lie, or was it a massive intelligence failure? nt

[LynnTheDem]

4. Hey it's BUSH...same thing.

:rofl:

[OldLeftieLawyer]

2. Everything he proposes is bullshit,

save for his tax breaks. They seem to get passed every time.

I keep waiting for a leader to emerge from my Party and start lambasting this sonofabitch and what he's pulling, but the silence is wearing me out.