Friday, September 16, 2005

Another Sign of a Lame Duck

The Presidents flawed and absurd ideas on social security restructuring may be dead.

National Republican Congressional Committee Chairman Thomas M. Reynolds will recommend to the House Republican leadership that the party drop its effort to restructure Social Security, at least for this year, House Republican aides confirmed yesterday.


What is so sad is how simple it is to address the pending shortfall, just remove the wage cap, and we may not have a shortfall at all. Of course, if they did this the rich would actually have to pay the same percentage of earnings as the very poor, and we can't have that.

The excuse will be the hurricane and having to appoint 2 new justices to the supreme court, but in reality, it is the decline of the president that has triggered this stepdown.

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