Ways And Means Chairman Shows Signs Of Jumping Ship
There's a whole list of comments I could make that are painfully ironic. The article I'm gonna cite is here:
Link
Smart man. Witness the political self-preservation method here, folks. Thomas knows Bush is the quintessenal lame duck, there's nothing the man needs to do for reelection now and so Bush is trying to get his pet projects passed, no matter how unpouplar they may be now or later. Fact is, I'd be itchy too if I was a Republican running for office in 2006. No offense, George, but if people wanted their personal retirement account or could afford it, they'd probably set up a portfolio or IRA of their own, and not magically trust the government to do it for them, and that's what the current Social Security revamping idea is like.
Fact is, in the good old days, what you'd do to keep your social programs alive is...are you ready for this?...raise taxes a little and more money would flow in, helping to pay off the shortfall. Now, the plus of raising the payroll tax ceiling is those of us who don't get to make our first 90,000 in a year wouldn't have to pay any more than we already do.
You know, it's nice to see once in a while someone making a little bit of sense. Revamping to pay Social Security needs to be done, yes, but we don't have to play the stock market to do it. Hopefully saner revisions and cooler heads will prevail...or maybe an excitable head showing common sense.
Waiting For The Other Shoe To Drop, the AWM/wolf dragon
Sol