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Thursday, March 17, 2005

Bush on Privatization

USA Today's Judy Keen has this to say about the President's comments on privatization yesterday.

He also said twice that the personal investment accounts he wants to create for workers under 55 won't "permanently fix" the retirement system.

"Personal accounts do not solve the issue," Bush said at a White House news conference. "But personal accounts will make sure that individuals get a better deal with whatever emerges as a Social Security solution."

A Washington Post/ABC News poll taken March 10-13 found that 35% of Americans approve of his handling of the issue.
The President has 35% support on the issue right now and the mainstream media seems to believe that it's the Democrats who will be hurt by this issue?

Bush explained it all perfectly yesterday. In his estimation, there are problems with Social Security that need to be solved immediately. The centerpiece of his plan, private accounts, in his own words do not solve the issue. Does this man have any credibility on any issue?
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