The Babe Theory Of Political Movements.
Mar. 21, 2005 11:50 AM
Iran's Sham Election In Houston.
June 20, 2005 5:36 AM
Yes, Kanye, Bush Does Care.
Oct. 31, 2005 12:41 AM
Health Care vs. Wealth Care.
Nov. 23, 2005 3:28 PM
Americans Voting With Their Feet.
Nov. 30, 2005 1:33 PM
Idea Majorities Matter.
May 12, 2006 6:15 PM
Twilight Zone Economics.
Oct. 17, 2006 12:30 AM
The "Shrinking" Middle Class.
Dec. 13, 2006 1:01 PM
From Ashes, GOP Opportunities.
Dec. 18, 2006 6:37 PM
Battle Between Entitlements & Pork.
Dec. 21, 2006 12:31 PM
Let Economic Freedom Reign.
Dec. 22, 2006 10:22 PM
Biggest Health Care Moment In Decades.
July 25, 2007 4:32 PM
Unions Antithetical to Liberty.
May 28, 2008 11:12 PM
Right To Work States Rock.
June 9, 2008 12:25 PM
Social Security Reform Thursday.
March 13, 2008
Caption Contest: Enter Today!
Due: July 29, 2008
The Carnival Of Classiness.
Mar. 14, 2006
Quotational Therapy: Obama.
Apr. 4, 2008
Mainstream Melee: Wolfowitz.
May 19, 2007
Pundit Roundtable: Leaks.
July 9, 2006
A WILLisms.com(ic), by Ken McCracken
July 14, 2006
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Social Security Reform Thursday: Week Fifty-Eight -- Private Accounts and Presidential Proposals
Thursdays are good days for reform, because they fall between Wednesdays and Fridays. And reform is a long-haul process, not a fleeting event. So we're going to keep plugging along with the case for reform, even as the issue goes off the political radar screen.
That's why WILLisms.com offers a chart or graph, every Thursday, pertinent to Social Security reform.
This week's topic:
Testimony of James Roosevelt, Jr., Associate Commissioner for Retirement Policy at the Social Security Administration.
In school I was always taught that before solving a math problem, you need to define the terms. Once you know what the issues and problems are, you can come up with a solution. From James Roosevelt, Jr.'s Testimony to the House Ways and Means Committee:
So we all understand the problem, right? Let's come up with a solution, there Jimbo:
Three weeks ago, in his State of the Union address, [the] President... proposed historic steps to ensure the solvency of Social Security. When putting together his framework for a solution to the long-range Social Security solvency problem facing our country, [the]President... wanted to increase national savings to reduce burdens on future generations, and reduce publicly held debt. His plan, therefore, draws on the approach taken by Canada and Sweden and State and local pension systems in this country to diversify the fund portfolio. Through the provision of Universal Savings Accounts (USA accounts), the President's framework draws on the experience of countries that have added individual retirement accounts as a voluntary supplement to social insurance protection.
I like it. Makes sense right? President Bush proposed this and Harry Reid had this to say about Social Security Privatization:
But maybe most of all, the Bush plan isn't really Social Security reform. It's more like Social Security roulette. Democrats are all for giving Americans more of a say and more choices when it comes to their retirement savings. But that doesn't mean taking Social Security's guarantee and gambling with it. And that's coming from a senator who represents Las Vegas.
Funny thing was that this was not President Bush's Commissioner for Social Security or Bush's plan, but rather that of PRESIDENT BILL CLINTON IN 1999. Regardless of party and regardless of politics, it seems that now the Democrats have not only poo-poo'ed the solutions they themselves advocated for, but went one step further and denied the problems that they themselves testified would bankrupt the country in 1999. Were they lying about the problem in 1999 to be overly dramatic or are they lying now about the fact that no problem exists?
I guess if they can blame Bush for the Intel that Clinton provided on WMD's and get away with it, why not call Bush a liar on Social Security too.
THEY ARE GAMBLING WITH MY KIDS' FUTURE over petty politics.
It's time for reform.
The clock is ticking.
Previous Reform Thursday graphics can be seen here:
-Week One (Costs Exceed Revenues).
Tune into WILLisms.com each Thursday for more important graphical data supporting Social Security reform.
Posted by Justin B. · 20 July 2006 12:01 AM
Awesome as usual...
Posted by: Zsa Zsa at July 21, 2006 09:39 PM
Justin B...Are you going to do reform Thursday while Will is working hard for our country?
Posted by: Zsa Zsa at July 23, 2006 05:12 PM
I believe that I am. At least I am going to try. Trying to pick up as much slack as possible.
Posted by: Justin B at July 24, 2006 06:37 PM