Thursday, May 05, 2005

States the Obvious

But it's nice to have someone on TV actually say what you know to be true.

CNN report on Buffett appearing on Lou Dobbs Tonight

….Buffett noted that the ballooning trade and budget deficits should be rectified before the President attempts to tackle Social Security reform. He also noted that he didn't understand why the President was spending so much time dealing with a problem so far down the road when the current budget deficit is four times the potential Social Security shortfall. ….

….Buffett would also increase taxes on the rich to pump cash into Social Security.

There is no reasonable explanation for Bush's attack on Social Security.

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