Social in-security

Bush had one of his staged, Republican only town meetings recently to discuss his plans to rape social security and turn it into a forced 401k. When asked to explain how his plan would help save the oldest and most effective social system in the world he said that....well, allow me to let George explain it to you in his own words:

"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? I'll keep working on it." —President Bush, Tampa, Florida, Feb. 4, 2005

If you really want to give yourself a treat, download the audio clip here.

Thanks George, that clears it up for us. We'll try to ask "more simpler" questions in the future, while you fire the staff member who shows you all the smart reporters' questions before they're asked.