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Bush Launches Preemptive Attack on Social Security

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flvegan Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-30-05 11:06 AM
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Bush Launches Preemptive Attack on Social Security
ST. LOUIS, MO—At an appearance at the St. Louis Convention Center Sunday evening, President Bush declared the "grave and pressing need" for a preemptive attack on the Social Security program.

"My fellow citizens, at this hour, brave administration and congressional forces are in the early stages of an all-out attack on Social Security, with the ultimate goal of bringing down the oppressive legacy of the New Deal, and big government itself," Bush said. "Through bold and decisive action, we will liberate our grandparents and our grandchildren from the threats of the system established by Franklin D. Roosevelt to provide retirement compensation for America's workers."

According to the Social Security and Medicare Boards of Trustees, if Social Security revenue and payouts remain unchanged, the nation's largest entitlement program will be unable to pay full benefits in 2041.

"The Social Security system is a dangerous, financially unsustainable program," Bush said. "If we allow it to continue unchecked, we will need to resort to benefit cuts, tax increases, or massive borrowing in 36 short years. I call upon the combined forces of my administration and Congress to destroy this program and the threat that it presents to our way of life."
<snip>

More at The Onion, of course: http://www.theonion.com/news/index.php?issue=4113&n=1
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napi21 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-30-05 11:20 AM
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1. WOW! He's finally admiting he wants to destroy the whole program!
I'm a bit surprised at that. I'm also glad he said this stuff, because if he thought the people didn't like his plan before, after this speech, they'll not only hate his plan, THEY'LL HATE HIM TOO!
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flvegan Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-30-05 11:49 AM
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2. It's from The Onion. It's satire (hence the Lounge post).
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