[IP] more on i Bush explains Medicare
Begin forwarded message:
From: Richard Wiggins <richard.wiggins@xxxxxxxxx>
Date: January 14, 2006 10:40:48 AM EST
To: David Farber <dave@xxxxxxxxxx>
Cc: i-p@xxxxxxxxx, inventor@xxxxxxxxxxxxxxxxxx
Subject: Re: [IP] i Bush explains Medicare
Dave,
The quoted Bush remarks did not concern Medicare. According to the
Web site of Congressman Jim McDermott of Washington, Bush was
speaking about his plan to privatize Social Security:
http://www.house.gov/mcdermott/sp050413.shtml
A number of experts have in fact proposed that the cost of living
increases for Social Security be tied to wages insted of inflation.
That has nothing to do with the Medicare drug bill -- although that
program is at least as bewildering as Bush's remarks.
/rich
PS -- Garry Trudeau quoted Bush's words in Doonesbury, and
Congressman McDermott read the cited words into the Congressional
Record. http://recap.fednet.net/archive/Buildasx.asp?
sProxy=80_hflr041205_019.wmv&sTime=00:03:16.0&eTime=00:04:39&duration=00
:01:23.0&UserName=repmcdewa&sLocation=&sExpire=1
On 1/14/06, David Farber <dave@xxxxxxxxxx> wrote:
Begin forwarded message:
From: George <inventor@xxxxxxxxxxxxxxxxxx >
Date: January 13, 2006 6:23:05 PM EST
To: dave@xxxxxxxxxx
Subject: FW: Bush explains Medicare
Reply-To: inventor@xxxxxxxxx
Dave -- this is the clearest explanation of our Medicare Drug Bill
that I have ever heard our president say. I'm relieved to now have
the answers I've been seeking.
George Margolin
An American Inventor
BUSH EXPLAINS MEDICARE DRUG BILL - - Verbatim Quote submitted on 2005
WOMAN IN AUDIENCE: "I don't really understand. How is it the new
plan going to fix the problem?"
Verbatim Response (Bush)
"Because the - - all which is on the table begins to address the big
cost drivers. For example, how benefits are calculated, 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 that 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, supposed to wage increased.
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."
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