Well, after a few days off enjoying the weather and paying attention to matters of the home, I came across this quote from the Chimp, discussing Social Security (I think)...
THE PRESIDENT: Because the -- all which is on the table begins to address the big cost drivers. For example, how benefits are calculate, 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 what 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.
Okay, better? I'll keep working on it.
Be afraid, be very afraid.
Monday, February 07, 2005
Subscribe to:
Post Comments (Atom)
1 comment:
Did he really speak in just this way? If so, that is *very* scary. The leader of the free world and he can't compose a sentence. Now I see why he brought Karen Hughes out of hiding.
momwriter
Post a Comment