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" "Because the — all which is on the table begins to address the big cost drivers. For example, how benefits are calculate, for example, is on the table; whether or not benefits rise based upon wage increases or price increases. There's a series of parts of the formula that are being considered. And when you couple that, those different cost drivers, affecting those — changing those with personal accounts, the idea is to get what has been promised more likely to be — or closer delivered to what has been promised. Does that make any sense to you? It's kind of muddled. Look, there's a series of things that cause the — like, for example, benefits are calculated based upon the increase of wages, as opposed to the increase of prices. Some have suggested that we calculate — the benefits will rise based upon inflation, as opposed to wage increases. There is a reform that would help solve the red if that were put into effect. In other words, how fast benefits grow, how fast the promised benefits grow, if those — if that growth is affected, it will help on the red. (4 February 2005)
George Walker Bush (born 6 July 1946) is an American politician and businessman who served as the 43rd president of the United States from 2001 to 2009, and the 46th governor of Texas from 1995 to 2000. He is the eldest son of Barbara and George H. W. Bush. He married Laura Welch in 1977 and ran unsuccessfully for the House of Representatives shortly thereafter. He was elected president in 2000 after a close and controversial election, becoming the fourth president to be elected while receiving fewer popular votes nationwide than his opponent. He is the second president to have been the son of a former president, the first having been John Quincy Adams.
Biography information from Wikiquote
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As you watch the developments in Baghdad, it's important to understand that we will not be able to prevent every al Qaeda attack. When a terrorist is willing to kill himself to kill others, it's really hard to stop him. Yet, over time, the security operation in Baghdad is designed to shrink the areas where al Qaeda can operate, it's designed to bring out more intelligence about their presence, and designed to allow American and Iraqi forces to dismantle their network. We have a strategy to deal with al Qaeda in Iraq. But any time you say to a bunch of cold-blooded killers, success depends on no violence, all that does is hand them the opportunity to be successful. And it's hard. I know it's hard for the American people to turn on their TV screens and see the horrific violence. It speaks volumes about the American desire to protect lives of innocent people, America's deep concern about human rights and human dignity. It also speaks volumes about al Qaeda, that they're willing to take innocent life to achieve political objectives. The terrorists will continue to fight back. In other words, they understand what they're doing. And casualties are likely to stay high. Yet, day by day, block by block, we are steadfast in helping Iraqi leaders counter the terrorists, protect their people, and reclaim the capital. And if I didn't think it was necessary for the security of the country, I wouldn't put our kids in harm's way. ...Either we'll succeed, or we won't succeed. And the definition of success as I described is sectarian violence down. Success is not, no violence. There are parts of our own country that have got a certain level of violence to it. But success is a level of violence where the people feel comfortable about living their daily lives. And that's what we're trying to achieve.
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