[Mb-hair] the Prez explains...maybe something for the civics list...

[Barbara Siomos]

Michael and Dagmar....

I read it three times and I agree it does NOT make sense... but... maybe that is the point...  HE  does not make sense.

pace,
barbara

-----Original Message-----
From: Michael Butler
Sent: Thu, 14 Apr 2005 16:18:49 -0700
To: HAIR List
Subject: Re: [Mb-hair] the Prez explains...maybe something for the civics list...

Read it 3X still doesn't mak sense.
Send it to mb-civic at islandlists.com.
Any problem, let me know
XO Michael
> 
> 
> Hi Michael,
> thought this was interesting, but don't know how to send it to the civics
> list
> 
> Hugs
> Dagmar
> pretty dismal, isn't it?
> 
> 
> The President Clears It All Up.
> Where the President explains the virtues of his Social Security plan,
> Tampa, FL, Feb. 4, 2005.
> 
> This is the record verbatim:
> Woman in audience: "I don't really understand. How is it the new
> [Social Security] plan is going to fix that problem?"
> 
> President Bush:
> "Because the -- all which is on the table begins to address the big cost
> drivers. For example, how benefits are calculated, for example, is on the
> table. Whether or not benefits rise 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 to be -- or closer delivered to that has
> been promised. Does that make any sense to you? It's kind of muddled.
> Look, there's a series of things that cause the -- like, for 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 a 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 that growth is affected, it will help on the red."
> 
> 
> 
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