Wednesday, January 12, 2005

We Gathered Wool, Not Intelligence

Led by Charles P. Blahous, Special Assistant to the President for Economic Policy, the U.S. force that claimed Social Security was sure to fail -- cited by President Bush as justification for privatization of Social Security and billions more dollars added to the national debt -- has admitted that social security was actually a good thing, U.S. officials said on Wednesday.

"I felt like we would find that the cost of keeping Social Security solvent today would be $10.4 trillion ... like many -- many here in the United States, many around the world," Bush told ABC's Barbara Walters, according to excerpts from an interview airing on Friday. "After all, that's what I've been telling them to think."

Bush said "we need to find out what went wrong in the intelligence gathering," and that the scuttling of the program that helped kept many elderly from poverty was "absolutely" worth it.

(Sort of from Reuters. From the future.)


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