March 23, 2005
OK, OK...I admit, you sold me. Now I see the urgency.
You in the corner, with your long hair and nose rings, lobbying against privatization! There's no time to waste. Put your pickets and placards down. Hasten, you. Right this very moment, let us all clasp our hands together: the end is nigh. One whopping year "nigher", if you will: take note of the Bush Administration's latest round of hysterical claptrap regarding the crisis-laden government program that is Social Security, by way of Trustees Foresee an Earlier Insolvency for Social Security, from the New York Times, March 23, 2005: Beginning in 2017, not 2018 as previously projected, the revenue from Social Security payroll taxes will be less than the benefits the government will be paying out, Treasury Secretary John W. Snow said, forcing the government to dip into reserves.
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