Thursday, November 04, 2004
The GOP Can Fix Social Security
Expect Lots of Hollerin'
If there is one thing that the GOP should make a priority, it's fixing social security. President Bush had this as a top priority before 9/11, but it got pushed aside for good reason. But now, we're facing the baby boomer retirement, a much smaller retiree to worker ratio and huge and growing costs. John Kerry supported transferring general fund revenues to fund the deficit, a robbing Peter to pay Paul proposition. Bush's plan has huge up front costs, but it's bold and doesn't ignore the problems we're facing on the pension front. I'm optimistic.
We'll look at this issue more in the days and weeks ahead.
2nd-Term Agenda Will Need Means
http://www.washingtonpost.com/wp-dyn/articles/A23665-2004Nov3.html
If there is one thing that the GOP should make a priority, it's fixing social security. President Bush had this as a top priority before 9/11, but it got pushed aside for good reason. But now, we're facing the baby boomer retirement, a much smaller retiree to worker ratio and huge and growing costs. John Kerry supported transferring general fund revenues to fund the deficit, a robbing Peter to pay Paul proposition. Bush's plan has huge up front costs, but it's bold and doesn't ignore the problems we're facing on the pension front. I'm optimistic.
We'll look at this issue more in the days and weeks ahead.
2nd-Term Agenda Will Need Means
http://www.washingtonpost.com/wp-dyn/articles/A23665-2004Nov3.html
