Sunday, December 26, 2004

Bush Doesn't Need a Pension, Why Should You?

"President Bush is on a mission to radically change a program that for generations has helped keep elderly Americans out of poverty.

He claims his proposal to partially privatize the Social Security system is intended to strengthen it.

But Mr. Bush appears to be following the playbook of libertarian and conservative ideologues who have for years plotted to gradually dismantle the retirement system.

We wish instead that the president had the same moderate instincts his father displayed in 1990 when he was pushed by Democrats to reduce the payroll deduction. The first President Bush said, wisely: 'The last thing we need to do is mess around with Social Security.'"

Story