George Bush Saved Social Security!
Filed Under (Non-Technical) by jonr on March-4-2009

It’s true!  At least to the same extent Mr. Bush is to blame for the current financial mess, and speaking as someone who is terrified by both of the extremes in American politics, he does deserve some of the blame.

For those of us in our early 30’s, there is little cause to be concern for ourselves (even at this advanced stage of economic sickness in the country).  We must continue to work hard (or start for some), and hope for the best over the long-term.  Honestly, the only thing that troubles me about the current mess is that it has a high probability of affecting my parent’s ability to retire at a reasonable age.  This is the case for anyone over 50.  As much as this is troubling on a personal level, it likely means a stay of execution for social security.

All the dooms day predictions of social security’s demise were based on all the boomers being able to leave the workforce in the very near term.  Now, that those timelines will be extended for many unfortunate folks it probably means that another poorly constructed government program will have a much longer lifespan than anticipated only a few short months ago…

I do not believe anyone can predict what will happen in our economy in the next 6-12 months.  I think the only certainty at this point is that all of our old assumptions will have to be re-evaluated once we get our collective heads above water.

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(5) Comments    Read More

Comments:
John Dowdell on March 4th, 2009 at 1:23 pm #

George Bush is to blame for the crunch, inasmuch as he didn’t threaten to try DNC for treason on their Fannie Mae shenanigans. (Even Obama got one of those loans on his Rezko estate, although you wouldn’t know it from reading the big newspapers.)

Social Security was a con from the FDR days. As a species, we’re still extraordinarily gullible…. ;-)

jason on March 4th, 2009 at 1:30 pm #

Bush is to blame for the current mess. The president is the CEO of the US. Just like a CEO his workers (some of us) choose to follow the ceo’s every move at least in ethics, morals, and approach to business.

He was the “decider” he did what he wanted and screw everyone or thing (const.). So what do you think business leaders did/said?

If the Republicans didn’t like the housing stuff Clinton did then why didn’t they overturn it when they had control of house/senate?

Chris on March 4th, 2009 at 5:34 pm #

jason.. they did try to stop Frank and Dodd from giving loans to people who couldn’t pay them back – 12 TIMES – video is on youtube if you care to inform yourself.

jonr on March 4th, 2009 at 9:08 pm #

Sorry guys … I wasn’t really trying to start a discussion on Bush. To me he is uninteresting and totally irrelevant at this point. I was just trying to humorously make the point that the world is changing and we are going to have to re-evaluated our previous assumptions once the current mess is sorted out.

bob on April 2nd, 2009 at 7:57 pm #

Are you saying we might go back to JSF? Struts..? JSP? Will Sweet Polly be rescued by IBM? Oh wait, this isn’t the drunk on software blog , is it?

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