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Thursday, February 10, 2005

Americans don't believe the Bushitt

From a Washington Post survey:
Seven in 10 Americans agree with President Bush that Social Security eventually will go bankrupt if Congress fails to act, though most predict that the system will not do so for at least two decades. Yet while Bush has warned of a crisis in Social Security, barely one in four Americans believes that a crisis exists.

More broadly, the polls raise serious doubts about whether Americans are willing to make the choices necessary to fix the system's financial problems. Solid majorities reject both increases in payroll taxes and decreases in retirement benefits, except for the wealthy

What't that old story about the Boy Who Cried Wolf?

posted by chris at 10:13 PM

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