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Bush (in Fargo): Social Security Math 'Doesn't Work' [View All]

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Rose Siding Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-03-05 09:03 PM
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Bush (in Fargo): Social Security Math 'Doesn't Work'
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FARGO, N.D. (Reuters) - President Bush warned on Thursday that retirement benefits for younger workers were at risk as he brought his campaign to revamp Social Security to the American heartland and sought the public's help in winning over skeptical members of Congress.

``The problem comes for younger folks ... The math doesn't work,'' Bush said of the retirement system he holds is ``headed toward bankruptcy.''
...
At the Fargo, North Dakota, forum Bush went to lengths to try to soothe the fears of senior citizens that their retirement benefits might be jeopardized by his plan. He has pledged that those 55 and over would be shielded from any changes to the current Social Security system.

``If you're retired or near retirement, you don't have a thing to worry about,'' the president said. ``The truth of the matter is, you're going to get your checks.''

http://www.nytimes.com/reuters/politics/politics-bush.html?oref=login

Will this repub mantra of 'We've got ours, who cares about anyone else' work with our parents and grandparents? Isn't that what he's telling them? Won't they realize that they have 'theirs' because someone else fought to institute the program on their behalf?
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