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Tom Coburn is a Big Fat Jerk


Home of the Barking Moonbat


Sunday, February 06, 2005

Bush’s Social Security Plot Disastrous for Blacks

Full text here:

President George W. Bush’s controversial plan to restructure and privatize Social Security could have a devastating impact on all Americans -- and blacks in particular, according to black congressional leaders, civil rights activists and economists.


Black Democrats, economists and the NAACP immediately criticized Bush’s proposal, saying individual accounts would increase budget deficits substantially and further jeopardize retirement options for blacks who have relied on Social Security for the past 70 years.

Rep. Sheila Jackson Lee (D-TX) said that Bush’s proposal would be “devastating” for blacks. She said blacks have relied on Social Security for decades -- for retirement support, survivor benefits when there is a death in the family and for sending young people to college.

“Social Security reaffirms our commitment to a better quality of life,” Jackson Lee told BlackAmericaWeb.com last week. “African Americans in particular would be impacted by privatization programs that would cause to crumble a system that’s strengths come from investments from participants.”

Unfortunately, the radicals don't share that same commitment to a better quality of life for anyone but themselves.


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