Kucinich on 2005 Social Security Trustees Report: Poor Economy Cause of Ne

[lovuian]

http://feeds.bignewsnetwork.com/redir.php?jid=ea58f4c3474ce56d&cat=3a8a80d6f705f8cc

Kucinich on 2005 Social Security Trustees Report: Poor Economy Cause of New Trust Fund Depletion Date

WASHINGTON -- March 23 --In response to the release today of the 2005 Social Security Trustees' Report, which estimated that Social Security Trust Fund would be depleted in 2041, rather than 2042 as projected by last year's trustees report, Congressman Dennis J. Kucinich said:
"A poor economy in 2004 was the reason the Trustees, who are all political appointees of the President, changed their projection of the future date of depletion of the Social Security trust fund. Near term economic assumptions they had made, including real wages and employment for 2004, turned out to be wrong, as the actual performance of the economy was weaker in 2004 than they had guessed it would be.

"This is a stunning concession from one part of the Administration about the White House's poor leadership of the economy

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Dennis the Menace!!! lov ya!!!

[BrklynLiberal]

1. Not to mention the fact that W and his cronies have been looting the

trust fund mercilessly.

[The Sushi Bandit]

2. Love Dennis!!!

[lovuian]

4. Me too!!!

:bounce:

[bettyellen]

3. .