Bush is real threat to Social Security (Ivins)

Austin, Texas --The Bushies are about to launch a $50 million to $100 million dollar propaganda campaign to convince us the Social Security system is in crisis. Actually, it's not. It's quite robust and has astonishingly low administrative costs, less than 1 percent.
According to President Bush's own Commission to "Strengthen Social Security," the administrative costs of keeping track of private accounts will be 10 to 30 times the cost of administering the current system.

The Social Security System is in no danger whatsoever of going broke or even of having to pay out less than full compensation for at least 50 years. There are any number of statistical models and premises one can argue about here, but when the administration begins with a premise that requires fixing Social Security based on an extrapolation to infinity, you know you are not dealing with people who argue in good faith.

Let's get this straight. The Republicans do not want to fix Social Security, they want to kill it. Period. They don't want to "partially privatize" Social Security, they want to end it. <snip>

http://springfield.news-leader.com/opinions/today/0111-Bushisreal-271703.html