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PRESS RELEASE FROM AMERICANS FOR TAX REFORM
Contact: John Kartch (
jkartch@atr.org or 202-785-0266)
Click here
for a copy of this file in Adobe Acrobat
10/14/04
John Kerry Impersonates
an Ostrich
Candidate's buries his head in the sand and pretends there
is no problem with Social Security
WASHINGTON, D.C. - When it comes to Social Security, John
Kerry is out of touch with reality. If America is going to
preserve Social Security, the system will need serious reform,
but Kerry refuses to admit there is even a problem.
Social Security is suffering from a huge demographics
problem. Fifty years ago, there were 16 workers paying for
every one retiree, but today, there are only 3.3 workers for
each recipient, and the ratio will severely worsen as Baby
Boomers retire. Social Security is an $11 trillion dollar
unfunded liability that must be paid for. Action must be taken
or the Social Security will be bankrupt by 2018, but John
Kerry doesn't have a plan to deal with it. "If later
on after a period of time we find that Social Security is
in trouble, we'll pull together the top experts of the country,"
said Kerry when describing what he would do during last nights
Presidential debate.
"John Kerry's do nothing stance on Social
Security is flat out dangerous," said ATR President
Grover Norquist. "John Kerry wants seniors citizens
to think that the status quo on Social Security is ok, but
that is just not true."
Social Security reform desperately needs to
be fixed during the next Presidential administration, but
would likely do nothing. Kerry's do-nothing strategy would
leave America with two grim choices; eliminate Social Security,
or stick taxpayers with a crippling $11 trillion dollar tax
hike. Neither solution is acceptable.
"America can not afford to take the John Kerry approach
and hide from the Social Security problem," said
ATR President Grover Norquist. "If seniors want to
keep their benefits, then America must start to reform the
system now."
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Americans for Tax Reform is a non-partisan
coalition of taxpayers and taxpayer groups who oppose any and all federal
and state tax increases. For
more information, or to arrange an interview with Mr. Norquist please contact John Kartch at (202)785-0266 or by email at
jkartch@atr.org.
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