Blog PoliAnna

3/23/2005

Bush’s BS tour: can you call it a lie?

Bush’s permanent campaign stopped in Albuquerque, where he unleashed this howler:

For younger workers, he delivered a grim message: By 2027, Social Security will be $200 billion in the hole.

False. Inaccurate. Not true.

As we’ve explained many times, under a pessimistic projection of economic growth, Social Security will begin drawing on its trust fund in 2018 or 2020, and that fund is expected to last through 2042 or 2052.

Is Bush not aware of that fact that, since 1983, workers have been paying extra in payroll taxes to accumulate trillions of dollars for this exact situation?

Bush and McCain… both recalled 1983, when McCain said President Reagan worked with Democrats to increase the retirement age and raise taxes as a means to extend the life of Social Security.

Oh, I guess he is aware. What do you call it when you say something false while knowing the truth? There’s a word for that ….

— ezra
10:57 am

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