Do you believe George W. Bush when he says Social Security is broken?

[wittycow880]

He does have a point, but it's not as dire as he claims.

[univee]

It's broken if you factor in the 120 Billion a year he needs for his war that lasts forever. That's for sure.

Otherwise I bet those books can be juggled.

They relieved Silverado of an equal shortfall without too much difficulty when the Bush boys embezzled that money years ago, didn't they?

[vt500ascott2]

Let me make a small point here that is not known by most people. The mathematics that dictates social security will only be able to provide 75% or so of benefits by 2039 is based upon the assumption that the average life expectancy in 2039 will be ONE HUNDRED AND FIFTY. That's right, that's ONE FIVE ZERO.

Beyond laughable, huh?

[sfavorite711]

As the baby boomers retire there are not enough people to support them - doesn't matter who the president is. The baby boomers would have had to give birth to 3 children for each of them - that is six children per family to support the current system.

http://en.wikipedia.org/wiki/Baby_boomer

http://www.socialsecurity.org/pubs/artic...17-96.html

[wolf]

Yes.
Why don't you understand it?
It's quite simple.
Bush tried to save it, and the Democrats stopped him.
DEMOCRATS CAN NOT ALLOW FOR SOCIAL SECURITY TO BE IN GOOD SHAPE.

(Don't feel bad. When I was your age, I didn't know anything from squat.)

[CHARITY G]

Yes - if it was solvent he would have raided it to pay for the war.

[Zero1]

I believe Bush is a puppet for the owners of the Federal Reserve just like Hillary will be when she is elected by the parrots we call voters.

Social Security is a farce for starters. It was never meant as a retirement program but since 1969 Congress has been stealing (they call it borrowing) money from the SS Trust Fund to pay for pork projects without having to constantly raise taxes (which makes it easier to get reelected) and they haven't been paying back the Trust Fund like they said they would - yes, Republicans and Democrats are responsible for bankrupting Social Security but millions of Americans are still naive enough to vote for them.

[coragryph]

I don't believe it because Bush said it.

I believe it because every independent analysis for the past decade (at least) has also said it.

[rhymingron]

I would say it isn't broken, but does need some attention. The first thing to do would be to quit allowing congress to get their sticky fingers on it. There are many other things that I think should be done to bolster it, but I won't go into all of them here.

[Allen A]

yep!