Jeff Gannon Blog

Monday, February 07, 2005

Unfiltered and Unvarnised Social Security Report by Jeff Gannon (not REALLY Jeff Gannon)

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.

5 Comments:

  • That's what I like about this president. He's just like one of us!

    By Blogger Tomato, at 12:06 AM  

  • Those liberal elites want everyone to be a silver tongue just like them.

    By Blogger Tomato, at 12:07 AM  

  • Yes, The President is great. But that was my report.

    By Blogger J. Gannon, at 11:38 AM  

  • In my opinion this requires a little varnishing, just a little, mind you.

    By Blogger identitytheft, at 10:19 PM  

  • Well Hello Mr. Jeff Gannon who's not really Jeff Gannon who wasn't really Jeff Gannon.

    I'm guessing that the reason you created the blog under the name of Jeff Gannon after the whole big reporter snafu was to be creative and to get alot more people reading your blog than would have under whatever your "real" name is.

    So how's that working for you?

    By Blogger Lisa Renee, at 1:09 AM  

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