Tuesday, April 05, 2005

Bush visits the social security trust fund


You mean that cabinat is the entire social security trust fund? Yup.
All 1.6 trillian? Yup.

I guess some people never realized that they were speaking literally when they said lockbox.


[Hat tip: Donald Luskin]

2 comments:

Anonymous said...

I'm not at all one of those rabid Bush haters, but i swear, every photograph of him makes me laugh... he looks funny, and the photos always seem so stilted... brings some joy to my day

Adam Scavone said...

NYTimes op-ed on this very photo-op today. it's here:

http://www.nytimes.com/2005/04/07/opinion/07thu3.html?oref=login

They get at the IOU vs. "real assets" debate as well (comma) reiterating what Josh was saying in that other thread. Democrats only seem to have a problem with debt when it's not debt specifically created and controlled by them.