Thursday, February 03, 2005

State of the Union

President Bush delivered his State of the Union Address last night, and during a portion of the speech dealing with his proposed plan for Social Security Reform, the President was booed when he declared that the system would be giving out more than it takes in in 2018, and if something isn't done to deal with the projected shortfall right away, the system would be bankrupt by mid-century.

These numbers are a reality, and anyone who favours either party who has studied the numbers is aware of this. During the Clinton Administration, many Democrats such as the late New York Senator Daniel Patrick Moynihan were warning of the system's collapse if action is not taken.

It seems that the Democratic Party, now devoid of issues and unable to connect with Middle America, has no choice but to engage not merely in scare tactics, but in the deliberate propogation of untruths. The Democrat side of the aisle shouted "no" in unison when the President was delivering the bad news. Saying "no" does not make the problem go away, nor does it change the nature of the situation.

Regardless of your opinion of how we as a nation need to deal with the developing Social Security crisis, we cannot deal with it effectively if we fail to admit that a problem exists.

Notice to Democrats: "Houston, we have a problem!"

1 Comments:

At Friday, February 04, 2005 2:21:00 AM, Anonymous Anonymous said...

You're absolutely right, David.

Democrats point to Social Security solvent in the long term and many politicians are making an argument, "Leave it alone until it becomes a problem".

You can't get passed the numbers. Our population growth isn't keeping up with medical technology. People are living longer and something has to be done.

 

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