[lbo-talk] Bush's appeal to African-Americans on Sec. Security 'reform'

B. docile_body at yahoo.com
Fri Jan 21 02:31:35 PST 2005


[From Jan 18, 2005, Dean Baker's Economic Reporting Review]

Bush Promotes Plan For Social Security Michael A. Fletcher Washington Post, January 12, 2005, Page A4

"The Post article reports that President Bush commented on the fact that African-American men have shorter life expectancies than white men. According to the article, he claimed that his plan would therefore be a boon to black men, since they would be able to pass along their private accounts to their children.

[...]

More importantly, it would have been worth noting the implication of President Bush's assessment. While African-Americans do have shorter life expectancies than whites at present, Social Security policy is designed for 30 to 40 years in the future. Effectively, President Bush has assumed that nothing will be done during this period to eliminate or reduce the racial inequalities in life expectancies. Instead, he is trying to adjust retirement policy to accommodate these inequalities, apparently accepting that these will persist for many decades into the future. "

===== "I'm not too worried by hegemony / I know the cadre will look after me" - Magazine, "Model Worker," 1978



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