Bush said that SS will run out of money by 1988 if we don't privatize

[jfern]

According to Gary Ott, who was then a reporter for the Plainview Daily Herald, Bush stopped by the paper's little office "maybe five or six times . He'd sit down at my desk; he was a fun guy. He was very outgoing, very friendly, and we would argue politics since I was a liberal. We'd argue over Carter policies." Bush criticized energy policy, federal land use policy, subsidized housing, and the Occupational Safety and Health Administration ("a misuse of power," he said), and he warned that Social Security would go bust in ten years unless people were given a chance to invest the money themselves.

http://www.texasobserver.org/showArticle.asp?ArticleID=1175

[keithjx]

1. Snort... oh wait, you're serious....

I thought you were being funny. Just more evidence that this has been on the agenda for ages (or generations).
KJ

[jswordy]

2. I thought it was a gaffe too...

...but yeah, I have heard this before. He's been saying it was gonna go broke for a coupla decades. I guess he finally convinced himself, or something.

[cosmicaug]

3. To be fair...

To be fair, things were changed in the system between then and 1988.

[Zynx]

4. Yeah. Reagan raised the payroll tax big time.

[jfern]

5. So? Just leave that point out.

Force the Republicans to say, "but Reagan saved SS by not privatizing it". I'm sure that will help the privatization cause.