President Bush is interviewed in the subscription only WSJ and makes the following statement (via
CSMonitor):
"The issue really is about younger workers, and most younger workers believe they're not going to see a dime unless something is done," said Bush in an interview in the Wall Street Journal on Tuesday.
Bush can't say this so he puts the words in "younger workers" mouths. But he is lying and knows it or is a fool. With no changes Social Security will pay 80% of current benefits indefinitely. "Not going to see a dime" is fear mongering by a man who lacks the courage to make his true intentions known, the intent to destroy Social Security.
If this is Bush's opening salvo in his battle to destroy Social Security he needs to be called on the statement
"most younger workers believe they're not going to see a dime unless something is done". It's a lie.
From The Daily Howler The system isn't going "bankrupt." To hype the alleged Social Security crisis, pundits have said, for years and years, that the program will be going "bankrupt" in the future. (According to Krugman, the CBO now puts that date at the year 2052, when the SS trust fund runs out.) But understand: Even when the trust fund expires, the system will not go "bankrupt:"
KRUGMAN (12/7/04): 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.
Even when the trust fund expires, payroll taxes will still be providing lots of revenue--enough to pay four-fifths of promised benefits. This is not what most people think of when they hear the word "bankrupt."
It disgusts me that a sitting President intentionally misleads our nation on a matter so important. Bush's statement about nothing being there in the future is BLATANTLY FALSE. How can we call him on it?
