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Republican Debate last night 03/07/11..what a crock!
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 876106" data-attributes="member: 12570"><p>I am about halfway through "Decision Points", the George W. Bush memoirs, and he discusses his efforts to fix Social Security, which were misinterpreted as an attempt to privatize SS. The plan that he favored was crafted by Robert Pozen (D) and used progressive indexing, which set benefits to grow fastest for the poorest and slowest for the wealthiest, with a sliding scale for everyone in between. By changing the benefit growth formula, the plan would wipe out the vast majority of the SS shortfall. In additon, everyone would have the opportunity to earn higher returns through personal retirement accounts.</p><p></p><p>BTW, this has been a good read thus far. There is a lot more to GWB than the image created by the media.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 876106, member: 12570"] I am about halfway through "Decision Points", the George W. Bush memoirs, and he discusses his efforts to fix Social Security, which were misinterpreted as an attempt to privatize SS. The plan that he favored was crafted by Robert Pozen (D) and used progressive indexing, which set benefits to grow fastest for the poorest and slowest for the wealthiest, with a sliding scale for everyone in between. By changing the benefit growth formula, the plan would wipe out the vast majority of the SS shortfall. In additon, everyone would have the opportunity to earn higher returns through personal retirement accounts. BTW, this has been a good read thus far. There is a lot more to GWB than the image created by the media. [/QUOTE]
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Republican Debate last night 03/07/11..what a crock!
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