"Even Newt Gingrich, the Republican former speaker of the House of Representatives and a supporter of private accounts, says, ``The combination of higher birth rates and more immigration makes the United States the healthiest of developed nations. This is not a crisis.'"
Bush seems to think that being re-elected means he has "political capital," and he can spend it. And he apparently want to spend it on scaring the bejesus out of America by creating a phony crisis.
But gutting Social Security is not something that the Republicans are exactly clamoring for. The issue fractures the Republicans. They are quite sure why in the hell they would WANT to gut an extremely popular program for the sake of a lame-duck President.
I think Bush may wind up squandering that "political capital" like he's squandered the contents of the public treasury.