Quick Note on Bush's Speech

The President's speech was good overall, although much of what he said we have heard before. His mention of free markets and tax cuts were reassuring, but weren't emphasized enough. He also mentioned too many programs, which indicates to me that he has no intention of restraining spending.

Upon speaking of Congress' failure to enact Social Security reforms, Democrats acted like little children by cheering giddily at their successful defeat of these reforms. Then I realized why: they don't pay into Social Security and they don't collect Social Security. Only us ordinary American citizens pay the taxes - Congressmen pay directly into their own personal 401-k type accounts (not to mention collecting a nice fat pension). No wonder they were so cheery...