{"id":120,"date":"2005-02-08T23:32:00","date_gmt":"2005-02-08T23:32:00","guid":{"rendered":"http:\/\/chrisandjanet.net\/blog\/2005\/02\/08\/presidential-quote-of-the-day\/"},"modified":"2005-02-08T23:32:00","modified_gmt":"2005-02-08T23:32:00","slug":"presidential-quote-of-the-day","status":"publish","type":"post","link":"http:\/\/chrisandjanet.net\/blog\/2005\/02\/08\/presidential-quote-of-the-day\/","title":{"rendered":"Presidential Quote of the Day"},"content":{"rendered":"

This just in from whitehouse.gov<\/a>. The President demonstrates a clear understanding of his proposed Social Security reforms:<\/p>\n

THE PRESIDENT: 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. <\/p>\n

\nDoes 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. <\/p>\n

\nOkay, better? I’ll keep working on it. (Laughter.) <\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"

This just in from whitehouse.gov. The President demonstrates a clear understanding of his proposed Social Security reforms: THE PRESIDENT: 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 … <\/p>\n

Continue reading “Presidential Quote of the Day”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-120","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"http:\/\/chrisandjanet.net\/blog\/wp-json\/wp\/v2\/posts\/120","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/chrisandjanet.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/chrisandjanet.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/chrisandjanet.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/chrisandjanet.net\/blog\/wp-json\/wp\/v2\/comments?post=120"}],"version-history":[{"count":0,"href":"http:\/\/chrisandjanet.net\/blog\/wp-json\/wp\/v2\/posts\/120\/revisions"}],"wp:attachment":[{"href":"http:\/\/chrisandjanet.net\/blog\/wp-json\/wp\/v2\/media?parent=120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/chrisandjanet.net\/blog\/wp-json\/wp\/v2\/categories?post=120"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/chrisandjanet.net\/blog\/wp-json\/wp\/v2\/tags?post=120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}