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From WMDs to Social Security: More Bush Stories [View All]

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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-02-07 07:45 AM
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From WMDs to Social Security: More Bush Stories
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from Truthout:



From WMDs to Social Security: More Bush Stories
By Dean Baker
t r u t h o u t | Perspective

Monday 01 October 2007

You remember George W. Bush, the guy who tricked the country into a never-ending war in Iraq with stories about Saddam Hussein's weapons of mass destruction and links to Osama bin Laden. Well, he still has 16 months left in the White House and he's determined to do yet more damage with his famous "Bush stories" before he leaves town.

The latest Bush story is the cry that Social Security is going bankrupt and will impose an unbearable burden on our children and grandchildren. Of course, this is not the first time President Bush has gone after Social Security. Immediately after the 2004 election, he tried to use his new political capital to privatize Social Security. As a result of a massive nationwide organizing campaign, the privatization drive soon hit a dead end.

But Bush is not through with Social Security. In an apparent effort to lay the groundwork for a future president to privatize and/or cut the program, the Treasury Department is circulating a new set of Bush stories designed to convince the public the Social Security program must be changed.

The main thrust of these Bush stories is the old massive burden line. The first point highlighted in Bush Social Security Story I is that the program faces a $13.6 trillion shortfall. That should make everyone really scared. ......(more)

The complete piece is at: http://www.truthout.org/docs_2006/100107E.shtml



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