George W. Bush Quotes
If you're a poor worker - this is for new workers coming into the workplace - your benefits will increase at the current rate of increase. If you're a wealthier worker, your benefits would increase at the rate of inflation. And those changes would affect positively the unfunded liabilities inherent in Social Security.
Bush, George W. "President's Press Conference." The White House, 28 Apr. 2005.
This is one of the rare occasions where the person appointed to lead a major governmental program, publicy trashed the program and told citizens that they would never receive the benefits that they had already paid for. She was a partisan political appointment who had no real credentials, preparation or previous experience and her statement was so overtly political that few took the statement seriously although there were well known problems that Congress could fix as soon as they have the political will to do so. In the 15 years since this statement not a single worker has failed to obtain any benefits to which he/she was entitled. To see why such a statement can never be made with any certainty, see {619986} which explains the essence of Social Security.
This was before the Republican Party moved so far to the right. Eisenhower not only supported Social Security where each generation was paid for by the next generation, but he was adamant that the benefits were too low and should be increased. See {623075} for the extent that the Republican party deviated from its roots and traditions,
George Walker Bush is an American politician and businessman who served as the 43rd president of the United States from 2001 to 2009. A member of the Republican Party, Bush previously served as the 46th governor of Texas from 1995 to 2000. He was born into the Bush family; his father, George H. W. Bush, was the 41st president of the United States from 1989 to 1993.