2 Utah groups give thumbs down to Bush's Social Security plan
"Part of the problem is, when we hear from this president, we don't hear an intelligence about the total approach," said Tim Funk of the Crossroads Urban Center, reacting to Bush's call for revamping Social Security.
"When we have large tax cuts that are disproportionately generous to the rich, when we have a very expensive war in Iraq and at the same time we are cutting programs for the country's poorest people, there is something wrong."
Judi Hilman, health policy director of Utah Issues, said she understands the challenges facing Social Security, but said Bush's efforts at reform are misguided.
In his speech Thursday, Bush called for indexing the amount of benefits according to a worker's income with those at the lower end of the scale being able to tap into more benefits while upper-income individuals would see less.
"It dangles the carrot of progressive price indexing to slightly mitigate the impact of privatization on low-income workers. By itself, the concept of progressive price indexing is a good one, but coupled with the proposal to privatize Social Security and Congress' irresponsible approach to reducing the deficit, is just the last thing we need," Hilman said.
The plan also received the cold shoulder from the head of Utah's chapter of the American Association of Retired Persons.
"He continues to talk about the concern that the private accounts have to be part of the solution," Rob Ence said. "What privatization does, it doesn't create new savings. All it does is shift it from a guaranteed system to a system where people are being asked to assume a new risk. It is a little disingenuous. The concept of greater return, is it possible? Yes, on the one side. But to replace guaranteed benefits with risk is not a trade-off for the safety net that we can support."
Ence said AARP's strident opposition to Bush's Social Security proposal doesn't stem from its membership trying to preserve current benefits, but from grandparents who want to ensure their children and grand-children are not jeopardized.
Ed Mayne, president of the Utah ALF-CIO, didn't get a chance to catch the president's speech as he was committed to attend a meeting in West Valley City.
But when told Bush had touted a forecast for economic growth that "looks good," he scoffed.
"The budget deficits are out of control, the trade deficits are out of control, consumer confidence is low, more people are uninsured with health care. I think things look pretty kind of not real good right now and that's without even seeing the program."
E-mail: amyjoi@desnews.com
Comments
- Attempted murder case refiled 1:58 a.m.
- Sports on the air 1:38 a.m.
- This weekend on TV 1:38 a.m.
- Birthdays for Saturday, July 11 1:38 a.m.
- 2 men cited on LDS plaza 1:37 a.m.
- S.L. man spots stolen car — his 1:23 a.m.
- Girl critical after run-in with train 1:23 a.m.
- Probe of death treated as slaying 1:22 a.m.
- Taylorsville man arrested in robbery 1:21 a.m.
- HBO defends U. logo use in 'Love' 1:20 a.m.
- Jazz brass debate Millsap match
- LDS seminary principal arrested
- Reactions on Boozer speculation
- 2 men cited on LDS plaza
- Teacher faces new sex charges
- Jazz talking Boozer trade?
- Jazz finances not quite so bleak
- HBO defends U. logo use in 'Love'
- Jazz down Oklahoma City
- Twitter lets fans communicate, interact
- LDS seminary principal arrested
160 - Bronco collecting a galaxy of recruits
141 - Jazz talking Boozer trade?
136 - Blazers may offer Millsap a contract
123 - Jazz brass debate Millsap match
99 - Stadium of Fire flag burning was fake
94 - Fairness of BCS debated
81 - Chaffetz eyes challenging Bennett
74 - Letters: Single-payer system best
72 - Services bids farewell to Jackson
70
As more and more dads are put out of work in this economy, I've been...
The photographs are mysterious, brooding, dark. They show dimples and...
I love Millsap, and the Jazz will find a way to move Boozer and match for...
i think its childish to assume that somebody would actually want to get...
Millsap and Boozer need to stay in Utah. Millsap is Boozers backup while he...
Childish and immature? Its always easier being ignorant and presuming things...
can you use words like testimony and church leadership to critisize a...
Bro P really helped me through a tough time in my life when I had him in...
These are only allegations at present, but I hope when he goes to trial, the...
My thoughts are with the Pratt family right now. Michael I hope you are...
It is interesting that everyone who seems to be a member comments on how nice...
You presume, simply because they were gay, that they were trying to "stir...


You can be the first to comment on this story.