Monday, February 14, 2005


"Bush Vows Veto of any Cutback in Drug Benefits" - New York Times

Why should we believe this? In four years, President Bush didn't veto one bill. And he misled us on the cost of the prescription drug plan, Iraq, the environment, and compassionate conservatism.

The President's big issue is now Social Security and the private accounts, which he now calls "personal" accounts. He misleads us by claiming a "crisis" and falsely claiming an impending bankruptcy.

It is clear that Social Security needs improvement at some point. But Mr. Bush claims that any tax increase is "off the table". If Congress steps up with logical steps such as raising the retirement age by one year, taxing compensation over $90,000, or repeal of those sacred tax cuts, we'll see.