The New York Pravda once again proves itself a marvelous tool for the Carlyle Group to disinform the public. Looks like others noticed this as well.
Front page:
President Bush called Thursday night for cutting Social Security benefits for future retirees to put the system on sound financial footing, and he proposed doing so in a way that would demand the most sacrifice from higher-income people while insulating low-income workers.
Unless, of course those higher-income people have a high enough income not to rely on Social Security.
The only low-income workers that are insulated by the Bu$hCo plan are unemployed.
His plan would cut benefits and not guarantee returns.
Why, there might be a problem in 20 years or so with the current system.
And maybe in fact we should boost benefits while continuing to guarantee income.
How to do that?
Raise the taxes in a progressive fashion.
There's no reason why someone like me shouldn't pay more taxes than someone earning just above or below the poverty level.
Eliminate expeditionary wars like what we're doing in Iraq.
That would solve the problem nicely.
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