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Tuesday, January 11, 2005

Privatization is Job One 

The President has telegraphed that he'll probably not wait for the Republican majority to define elements of the coming Social Security privatization legislation. In an interview with the Wall St Journal, Bush has pledged to "lead on this issue," and to "provide cover" for members of Congress. Bush pushed away suggestions that he'd let the parameters of the bill be defined in Congress, saying, "I have the responsibility to lay out potential solutions."

Asked to spell out more of the details, Bush replied, "You'll find out soon."

It's clear that this legislation, far from being pushed back as some have recently suggested, is first on the White House's docket.

Fasten your seat belts, it's going to be a bumpy ride.

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