The president's claim that Social Security is going broke is misleading at best. The sky is not falling, although there is no doubt that the system needs to be strengthened.
Sentiment: NEGATIVE
Under the Bush plan, Social Security gets weaker, not stronger.
If the economy is strained, then Social Security, like the rest of the government, will be, too.
No matter how many times you say Social Security is broke, the reality is that Social Security's independent revenue stream and its Trust Fund's investments maintain the program's solvency until 2037, when it may begin to fall short.
President Bush is manufacturing a crisis by suggesting that Social Security is in imminent danger. It is not.
We are confronting a situation in which the Administration, in my view, is once again manufacturing a crisis. There is no crisis in the Social Security system. The system is not on the verge of bankruptcy.
The Bush Administration claims there is a Social Security crisis only to distract Americans from its serious mismanagement of the federal budget.
Social Security is a promise that we cannot and must not break.
We need to strengthen and save Social Security for today's workers. If we don't act now, this system, born out of the New Deal, will become a bad deal.
It's not 2038 that Social Security is bankrupt. It's now.
Social Security is fundamentally strong.
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