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  • The Fake Crisis (Rolling Stone mag interviews Paul Krugman)

    01/27/2005 8:40:16 AM PST · by t_skoz · 51 replies · 1,302+ views
    Rolling Stone ^ | Jan 13, 2005 | ERIC BATES
    The Fake Crisis Economist Paul Krugman explains Bush's latest con -- social security By ERIC BATES To hear George Bush tell it, Social Security is about to go broke. Since his re-election, the president has launched a full-scale campaign to convince the public that the retirement system will run out of money starting in 2018. "The system goes into the red," Bush told reporters on December 20th at a rare press conference. "Many times, legislative bodies will not react unless the crisis is apparent, crisis is upon them. I believe that crisis is." Social Security, he concluded, "can't sustain that...