Elaine Chao stumps for SS: "That is why President Bush is working hard"

[Bush_Eats_Beef]

It's HARD! It's HARD WORK, I tells ya!

:spray:



http://releases.usnewswire.com/GetRelease.asp?id=51815

U.S. Labor Secretary Elaine L. Chao Visits Salt Lake City to Highlight 70th Anniversary of Social Security and Need For Reform

8/17/2005 5:12:00 PM

To: National Desk, Labor Reporter

Contact: Stephanie Cathcart of U.S. Department of Labor, 202-693-4676; Web: http: www.dol.gov

SALT LAKE CITY, Aug. 17 /U.S. Newswire/ -- In remarks today to workers and community leaders in Salt Lake City, U.S. Secretary of Labor Elaine L. Chao hailed the Social Security system's 70th anniversary and the need to strengthen it for the future. Secretary Chao, a member of the Social Security and Medicare Board of Trustees and Chairman of the Pension Benefit Guaranty Corporation, outlined the President's reform plan.

"Social Security has given generations of seniors a better quality of life and future retirees deserve no less from the system they pay into," said Chao. "That is why President Bush is working hard to ensure that decades from now Americans can still celebrate Social Security for enabling seniors to live with dignity."

Chao noted that the current system is making promises that will be unaffordable for taxpayers in the future to keep. In the coming decades, population trends will undermine Social Security and by 2041, when the current system is expected to be bankrupt, there will be only two workers supporting each retiree through the Social Security payroll tax. In 1950, there were 16 workers paying Social Security taxes for every person receiving benefits. In 2017, benefits paid out will begin exceeding payroll taxes coming in.

[Arkana]

1. Yes, "strengthen" it.

Nobody's buying this trash. What makes them think that someone else trying to sell it is going to improve sales figures?

[flpoljunkie]

2. Someone tell Chao that there are only 3 workers per recipient NOW and

we are running surpluses that Dubya promptly blows on tax cuts for the rich.

Shame on the Bush administration and Elaine Chao--wife of the creepy Senate whip Mitch McConnell who is also a shameles huckster for Dubya's plan to destroy Social Security.

[Warren DeMontague]

3. She's pro-life!

More unwanted babies born to poor women means a bigger cheap labor pool..

Hey, everybody wins!

[HughBeaumont]

4. Just a few reasons Elaine Chao is one of the WORST

people to be in the position of Labor Secretary. Heavily GOP and corporate-connected, staunchly pro-offshore outsourcing, distinguished fellow with the Heritage Foundation, pretty much a PNAC/Snow/Greenscam parrot . .. I don't know, isn't this woman supposed to be overseeing the needs of, what's that group, oh yeah . . . THE LABOR OF THIS COUNTRY?

[Democrat 4 Ever]

5. And she is married to Mitch McConnell - shows she has absolutely

no common sense or morality at all! Business as usual for those two.

[sakabatou]

6. A good ida might be to roll-back the tax cuts