President gives up fight for now for privatization ,
has ‘No
Appetite’ for Dismantling Social Security,
after wasting millions of dollars on tours, meetings, media
President Bush acknowledged this week that the domestic centerpiece
of his second term, the overhaul of Social Security, was going
nowhere. Asked directly during a Rose Garden press conference
whether he still thought Social Security reform should be tackled
this year, Bush replied, “There seems to be a diminished appetite in
the short term, but I’m going to remind people that there are long
term issues that we must solve.” The president failed to list
Social Security reform as one of his priorities, instead focusing on
Iraq, renewing the Patriot Act and rebuilding from Katrina.
Rep. Sander M. Levin
(D-MI) echoed the president's observations when he said if there
is a “diminished appetite” for a Social Security overhaul, “it’s
because people disliked the taste of what President Bush was
proposing.”
“We must be vigilant and assume that Bush and the GOP will resurrect
private accounts in some form or another,” said George J.
Kourpias, President of the Alliance for Retired
Americans. “Seniors must not let their guard down because saving
Social Security remains our top priority.”