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more on i Bush explains Medicare
From: David Farber <dave () farber net>
Date: Sat, 14 Jan 2006 11:15:28 -0500
Begin forwarded message: From: Richard Wiggins <richard.wiggins () gmail com> Date: January 14, 2006 10:40:48 AM EST To: David Farber <dave () farber net> Cc: i-p () umich edu, inventor () rentaninventor com Subject: Re: [IP] i Bush explains Medicare Dave,The quoted Bush remarks did not concern Medicare. According to the Web site of Congressman Jim McDermott of Washington, Bush was speaking about his plan to privatize Social Security:
http://www.house.gov/mcdermott/sp050413.shtmlA number of experts have in fact proposed that the cost of living increases for Social Security be tied to wages insted of inflation. That has nothing to do with the Medicare drug bill -- although that program is at least as bewildering as Bush's remarks.
/richPS -- Garry Trudeau quoted Bush's words in Doonesbury, and Congressman McDermott read the cited words into the Congressional Record. http://recap.fednet.net/archive/Buildasx.asp? sProxy=80_hflr041205_019.wmv&sTime=00:03:16.0&eTime=00:04:39&duration=00 :01:23.0&UserName=repmcdewa&sLocation=&sExpire=1
On 1/14/06, David Farber <dave () farber net> wrote: Begin forwarded message: From: George <inventor () rentaninventor com > Date: January 13, 2006 6:23:05 PM EST To: dave () farber net Subject: FW: Bush explains Medicare Reply-To: inventor () pobox com Dave -- this is the clearest explanation of our Medicare Drug Bill that I have ever heard our president say. I'm relieved to now have the answers I've been seeking. George Margolin An American Inventor BUSH EXPLAINS MEDICARE DRUG BILL - - Verbatim Quote submitted on 2005 WOMAN IN AUDIENCE: "I don't really understand. How is it the new plan going to fix the problem?" Verbatim Response (Bush) "Because the - - all which is on the table begins to address the big cost drivers. For example, how benefits are calculated, for example, is on the table. Whether or not benefits rise based upon wage increases or price increases. There's a series of parts of the formula that are being considered. And when you couple that, those different cost drivers, affecting those - - changing those with personal accounts, the idea is to get what has been promised more likely to be - - or closer delivered to that has been promised. Does that make any sense to you? It's kind of muddled. Look, there's a series of things that cause the - - like, for example, benefits are calculated based upon the increase of wages, as opposed to the increase of prices. Some have suggested that we calculate - - the benefits will rise based upon inflation, supposed to wage increased. There is a reform that would help solve the red if that were put into effect. In other words, how fast benefits grow, how fast the promised benefits grow, if those - - if that growth is affected, it will help on the red." ------------------------------------- You are subscribed as galler () umich edu To manage your subscription, go to http://v2.listbox.com/member/?listname=ipArchives at: http://www.interesting-people.org/archives/interesting- people/
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