President G.W Bush explains the new Medicare Drug Bill

TOO STUPID TO BE PRESIDENT


Hey, folks, confused about the Bush plan for Social Security?

Well, help is on the way! Here - in his own words - the President explained his new Social Security plan in Tampa, Florida on the 2/04/05 where he was halfway through a 60-day barnstorming tour.

President Bush

"Because the-- all which is on the table begins to address the big cost drivers. For example, how benefits are calculate, for example, in on the table; whether or not benefits raised 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-- 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-- like, foe 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 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 the growth is affected..."

"... it will help on the red."


Still confused? Well so are we!




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This page was last updated Mon May 8 05:27:44 2006 Pacific time