--- In FairfieldLife@yahoogroups.com, johnlasher20002000 <[EMAIL PROTECTED]> wrote: > THIS IS NOT A JOKE. THIS IS EXACTLY WHAT HE SAID > > Subject: President Bush explains his Social Security Reform Proposal: > > WOMAN IN AUDIENCE: I don't really understand. How is it the new plan is > going to fix the problem? > > Verbatim response: > > PRESIDENT BUSH: "Because the -- all which is on the table begins to > address the big cost drivers. For example, how benefits are calculated, > 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 that 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, supposed > 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."
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