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I realize this is a bit old, but in the context of my post yesterday on "What would Gandhi do?"... I googled around and apparently this aired on Air America and a number of other places, but I can't find an audio or video file, just references to it. (If anyone has a link to the video or audio, let me know so I can update this post.)

President Bush explaining his Social Security plan - Tampa, Florida - Feb. 4, 2005

Woman in audience: I don't really understand. How is it the new [Social Security] plan is going to fix that problem?

President 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 what 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, as opposed to wage increases. 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.

I wonder if President Bush also feels he can't say exactly what he means when he knows that his words will end up on the Internet...

originally via Markoff

UPDATE: Transcript on Whitehouse site. Thanks Rod.


Joi: Is this what you're looking for?

"I wonder if President Bush also feels he can't say exactly what he means when he knows that his words will end up on the Internet..."

Oh, god. I wish that that were true. That would indicate a heretofore unheard of level of brain activity and critical reflection by the man with his finger on the trigger... and the world would be a better place.

[Cool video Mikhail]

The text is here.

Scroll down to the Q & A section.

He's trying to make it legal for Credit Card companies to recoup costs from debtors by taking their Social Security payments.

It feels great to have someone who is worse than I am around.

Glad to see the crybabies of Air America are going strong.

And Jason, I wish you and your ilk could show more intelligence and maturity than just the name calling I hear.

I haven't heard an intelligent thing from the Democrats in ages. It's always blah blah blah about what's wrong instead of solutions to fix the problem.

At least GWB has the guts to get stuff done.

Chomper: So you *understand* what George Bush said in the reply posted here?

Can you please explain how the new Social Security plan will solve the problem?

Chomper - You're right. The Democrats have made and continue to perpetrate many stupid mistakes, but are you suggesting that this makes the administration correct in everything they do by default? It's frustrating that a smart guy like you isn't shooting straight, intellectually. You should really abandon your partisanship in favor of critical and clear thinking all around.

Here's a littany of Bushisms that clearly outline these plans you speak of, Chomper.

Mike B. Thanks for not attacking me outright. I am thinking clearly and feel that GW Bush does not get a fair shake and a lot of FUD gets spread around.

With that said, to answer CH's question, can we agree that Social Security is a train wreck waiting to happen? If so, what have the Dems suggested we do to fix it? Right now, I don't see ANY value in the government taking my money to use at it's will. You realize that your money is almost not guaranteed not to be there?

With that said, I don't think everything this administration does everything right, just as I think the Clinton administration got somethings right, I think the GWB administration gets things wrong.

Here in NYC, it amazes me to see the kneejerk reaction when you say Bush and the incredible misinformation campaign being waged.

All in all, I'm asking for alternatives to issues that people say Bush is wrong on. I don't see that enough.

Chomper - Well, I'm sorry for insinuating that you're not a clear thinker. You obviously are.

Is Social Security a train wreck waiting to happen? I don't really know, to be honest. I'm not well-versed enough in the details of the issue to say. However, I have serious problems with the way Bush frames the debate.

In 2042, SS will be bankrupt.

Most people I know will be dead by 2042. Very young people I know don't have a time horizon long enough to worry about such a far-flung date, lest they be paranoid to a clinical degree. Heck, why doesn't Bush just warn us of an extra-terrestrial attack in the year 2372? What is going on? What is he *really* talking about? With the citation of the year 2042, it almost seems as if GWB has unwittingly said that the cause is actually irrelevant.

Further investigation shows that private financial institutions stand to gain in a big way from the privatization of Social Security. Scrutiny also shows that the private individual faces a greater degree of uncertainty with regard to retirement if Social Security is privatized.

He has lied to us before. It's our duty to assume that he will do it again.

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Joi Ito has a post that demonstrates how well our president can explain his plan to reform SocSec. Read More