Bloomberg columnist attacks Bush on Social Security

It really shows how right-wing President Bush is when you find the financial press coming to the defence of America’s welfare programs.

Jan. 21 (Bloomberg) — President George W. Bush’s assertions that Social Security faces a crisis and is “flat bust, bankrupt” are patently false.

Bush and other administration officials are greatly exaggerating potential problems facing the program to push through changes that would undermine the most successful social insurance program in the nation’s history.


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