I am concerned for many of the older folks on the site, and the many who are approaching that age.
In the 1980s, President Reagan said there is more money in Social Security than we will ever need, and more than we can ever spend. He then proceeded to push his party's Congress to raid the kitty. Three years after he left office, politicians were telling us that there isn't enough money to keep Social Security running, and people shouldn't think the government owes them a pension in their old age (forgetting, apparently, that these are the people who put the money in for their old age, which they had promised to safe-keep).
Now Mr. Bush has stated that one of his first orders of business for the new term will be to "fix" Social Security. As he has already spent $7,453,889,966,696.69 than the United states doesn't have, we must assume that he will not be fixing it by returning the money he has borrowed from us and our children, but rather by taking more away from our retirees and near-retirees, who have been paying into it all of their lives. Retirement will be delayed yet further, and benefits will be shaved closer.
He would also like to have us invest our theoretical Social Security money in the stock market, as he figures that would bolster stock values. He doesn't say who will bail all the seniors out when the market goes sour again and they lose their homes and their food budgets.
Not that it will affect him, or any members of Congress, who have their own retirement program, separate from Social Security.
Well, I guess we all should have just worked harder and made more money. We should have been wealthy actors like Mr. Reagan, or sons of oil barons like Mr. Bush. It's our own fault that we invested in the stock market when it went bust. Of course, that did happen during the tenures of Mr. Reagan and the senior Mr. Bush, didn't it?
What were all those retired people in Florida thinking as they cast their ballots?
The debt, from basically zero when he took office, is larger than it has ever been in the history of the nation. It is $25,292.04 for each man, woman and child in the United States, and increases by $1,67 billion dollars every day.
To put it in perspective, this administration has effectively mortgaged every home owned in the United states for about $100,000 each since it has controlled the purse strings. Your home, too. And mine.
I didn't care for Mr. Kerry, either, but what are we to live on when Mr. Bush is done?
I want Bill Clinton back.