Because the — all which is on the table begins to address the big cost drivers. For example, how benefits are calculate, 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. (4 February 2005)
George W. Bush
» George W. Bush - all quotes »
Capitalism is being attacked not because it is inefficient or misgoverned but because it is cynical. And indeed a society based on the assertion that private vices become public benefits cannot endure, no matter how impeccable its logic, no matter how great its benefits.
Peter F. Drucker
When all benefits are promised by the state, nobody need feel grateful for them.
Ted Malloch
Benefits conferred awaken love in some minds, as surely as benefits received in others.
George MacDonald
Tyranny is abhorrent, freedom benefits all, whereas violence benefits no one for long.
Mark Kingwell
Meantime I say to both sides of industry, 'Please don't support us with general expressions of good will and kind words, and then undermine us through unjustified wage increases or price increases. Either back us or sack us.'
James Callaghan
Bush, George W.
Bush, Jeb
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