NOW I understand it!

From The White House News Releases I finally get an answer I can relate to. This Social Security thing has been on my mind, both in terms of how it’s going to work for me and more importantly, my children. I just needed it clarfied.Yesterday Bush was explaining it to some of his Florida constituency and now that I own a home in Florida, well… from His lips to my ears:

Q — I don’t really understand how is it the new plan is going to fix that problem?

THE PRESIDENT: Because the — all which is on the table begins to address the big cost drivers. For example, how benefits are calculate, 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 what 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, as opposed 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.

Okay, better?

Definitely, much. Thanks. In other world news: Buzz, over at Buzzstuff.net has this alarming report .

Don’t blame me- I’m just giving you the quick version of all the news that’s fit to read…

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2 responses to “NOW I understand it!

  1. And the president continued: Muddled? No, it’s quite clear, like, you know, we’ve got to fix the red. Now don’t glaze over on me. The red’s the problem, unless–you know, red states, those are good. It’s that other red, that baby boom red that we’ve got to fix. Now I’m interested in ideas, even Democrat ideas, that is–blue ideas. Mix blue with red and what do you get? Green! Green money in personal accounts! Accounts that will grow like green plants, much faster than the red plants in the Social Security trust fund. So that’s what I’m doing here today, planting some green accounts in your red minds (and even in blue minds, if the crowd screening wasn’t so good). I’m looking for a few good ideas, you see, and I don’t care if they’re blue, green, yellow, orange, or even red ideas, so long as they fix the red and give you and your grandkids some green. You know, today I think I’ve explained this better than ever before! Goodbye, and God bless red America!

  2. Thank you, Tom, for further elucidating the issue. I feel ever more secure. Anything to offer on the nukleer threat?

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