Now He's For the Little Guy!

Well, Bush showed off his compassionate conservatism last night when he tried to explain that privatization of Social Security would benefit the poor more than anyone.

Please have a look at this analysis of the benefits for workers based upon income.

Basically, anyone making less than $36,500 would see benefit cuts between 16 and 28%.

DHP Updates: The lower end of the cuts would be $20k per year, which apparently means that there are a lot of starving graduate students out there who are middle class (the NIH stipend level for a graduate student on one of its grants or other funding mechanisms is $20,776)