WASHINGTON - After nearly 60 days on the road pitching Social Security President Bush is offering a new plan to fix its finances by cutting benefits of more prosperous future retirees. Democrats still aren't buying it.I want the scenario where Democrats would buy it. But wait, there isn't one. The scenario looks like this: Dem President with Dem controlled congress and tax increases. However if Dems ran the show, Social Security wouldn't even be on the radar screen.
... That would mean lower Social Security payments for future middle- and upper-income retirees than they are currently guaranteed a fact Bush himself did not mention in his 60-minute session with reporters.BUSTED! Bushy thought he could get by without anyone realizing that!
Bush's plan immediately drew renewed ire from Democrats.
Bush would "gut benefits for middle-class families," House Democratic Leader Nancy Pelosi and Senate Democratic Leader Harry Reid said in a joint statement.
It drew more ire?!? Did not see that coming. I had my money on Pelosi dropping trou and running around the D.C. mall screaming lines from the movie Nell. I'd like to see the actual amount "gutted." Probably very little. And here's the real kicker - don't middle and upper income people rely less on SS as an income source in retirement? By definition they make more money and do more with their money than rely solely on the pittance that is a SS check.
Dems on SS reform are a joke. If something affects lower income people, then they're against it because they're for the poor. If it benefits the poor and reduces payments to middle and upper, then they're against it because they're for the middle (sorry poor folk... different day.) SS reform benefits everyone because it keeps a system in place. However, this draws ire.
Lots of ire.
The president appeared at ease in the East Room of the White House as he fielded questions from reporters after a 7-minute opening statement. At times, he twisted the toe of his shoe on the carpeted riser.WTF? Twisted the toe of his shoe? STOP THE F'ING PRESSES!! He must be lying about something! Or have to pee really bad!
He pledged to encourage oil-producing nations to maximize production and promised to protect U.S. consumers. "There will be no price gouging at gas pumps in America," Bush said.
He spoke on the same day the world's largest publicly traded oil company, Exxon Mobil Corp., announced that its profit for the first three months of the year had risen 44 percent to $7.86 billion from the corresponding quarter a year ago.
DING DING DING! The ol' "big oil is price gouging" meme is about to break out again. Apparently Deb Riechmann felt that Bush's statement and Exxon's earnings were related. Either that or she's also a business news reporter and got her stories jacked up.
Someone explain to me why Exxon's earnings are relevant here. Anyone. I'm hanging my hat on Deb being part of the 85+% left voting bloc of today's main stream press corp. Good work, Deb, you partisan hack.
Outside of the MSM and their faux polling, SS reform is desired by the people that pay into it.
More here, here and WILLisms.com is all over reform.

