NH OUTLOOK, Wednesday, 2/16/2005
script iconPreshow #1 Bush script iconTag Tsunami
script iconHello/Intro NH Bush script iconkey: national politics/ government
script iconIntro Soc Sec Poll 1 script iconkey: economy/ business
script iconSocial Security Poll 2 script iconkey: economy/ business
script iconIntro Social Security script iconkey: national politics/ government
script iconSocial Security Conv script iconkey: economy/ business
script iconWeb Pointer script iconkey: UNH
script iconGoodnight script iconWEB PROMO
script iconTonight 10:00 script iconPost Show Log
script iconIntro India Tsunami script iconwebsite


script iconPreshow #1 Bush
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Now on this New Hampshire Outlook:
President Bush takes his plan to reform Social Security to the Granite State.
We'll have highlights, reaction and analysis.
script iconHello/Intro NH Bush
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Hello. I'm Richard Ager. Beth Carroll is off. Welcome to New Hampshire Outlook.
For the first time since the November election President Bush returned to New Hampshire.
His mission --- to sell his plan for privatizing parts of Social Security.
Mr. Bush spoke at a hangar at the Pease International Tradeport.
script iconIntro Soc Sec Poll 1
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So what do people in New Hampshire think about the state of Social Security in this country?
A poll out this week by the University of New Hampshire Survey Center finds 13-percent of adults surveyed think Social Security is in a state of crisis.
53-percent of adults surveyed think Social Security has major problems while 28-percent think it has minor problems.
Three percent saying it has no problems and three-percent say they don't know.
script iconSocial Security Poll 2
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Even though many in New Hampshire believe something needs to be done about Social Security-- President Bush has his work cut out for him in the state when it comes to his plan to revamp the system.
The poll by the University of New Hampshire Survey Center also found 54-percent of New Hampshire adults believe the President's plan that allows individuals to invest part of their Social Security in stocks and bonds is a BAD idea.
32-percent polled said they LIKE the concept.
14-percent said they'd don't know.
Overall, the poll found Republicans, people under 35 years old and upper income residents are most likely in favor of the President's idea. while Democrats and people over 65 are most likely against it.
script iconIntro Social Security
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Joining us to sort out the numbers and talk about what President Bush's Social Security plan means is Andy Smith from the UNH Survey Center and Ross Gittell, Professor of Management with the UNH Whittemore School of Business & Economics.
Also with us is: Professor James Schulz, Professor of Economics Emeritus, at Brandeis University and the author of "Economics of Aging."
Welcome.
script iconSocial Security Conv
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Joining us to sort out the numbers and talk about what President Bush's Social Security plan means is Andy Smith from the UNH Survey Center and Ross Gittell, Professor of Management with the UNH Whittemore School of Business & Economics.
Also with us: James Schulz, Emeritus Professor of Economics, at Brandeis University and the author of "Economics of Aging."
1. Let's start with the basic question - who are we supposed to believe? Numbers have a way of not always telling the story. Professor, let's start with you. You have been studying this subject for decades. Is the system broke?
Social Security's chief actuary is projecting an account invested half in stocks and half in bonds would yield a 4.6 percent return above inflation. The assumption just for stocks is 6.5 percent over inflation. Does that sound optimistic?
2. The President has taken his plan directly to the people. Some say he is oversimplifying a complex issue.
Will this help or hurt his proposal?
3.Andy, why do you think people in New Hampshire aren't confident about this plan?
4. The President told the crowd today not to worry about their senators. The glaring omission was any praise for the Congressmen - who must run for reelection next year.
Speaker Dennis Hastert was quoted as saying "you can't cram change down people's throats."
Notably absent from today's Portsmouth appearance was Congressman Jeb Bradley. Portsmouth is his district after all. He campaigned against privatizing social security but hasn't come out on either side of this plan. Andy, what do we make of that
5. Ross, New Hampshire has the second highest number of baby boomers in the nation. Is that why this plan may be a hard sell for people? Are the risks just too great?
Can this be regarded as a separate issue from the overall budget deficits that the Bush Administration is running? All the money - ultimately - has to come from American taxpayers.
6. Professor, you did a lot of research on defined contribution plans in other countries. Countries like Great Britain, Chile and Australia have similar plans. What have you learned?
Non partisanship has been tried before - between President Reagan and Democratic Speaker Tip O'Neill. They actually reached an agreement by raising payroll taxes and increasing the retirement age from 65 to 67. That was 20 years ago. Is it likely today?
Given the current unrest among Republicans - and cohesion among Democrats - is this DOA?
A few numbers: The White House estimates transition costs at $754 billion by 2015 and trillions more after that.
Given that Social Security is a pay as you go proposition - with the current surplus being used to reduce the overall deficit - how would you pay for these accounts? It would take real money - not the IOUs that currently comprise the "trust fund".
Republican Party Social Security Playbook
Communicating Social Security Reform
Key Recommendations…
"Personalization" not "privatization": Personalization suggests increased personal
ownership and control. Privatization connotes the total corporate takeover of Social Security;
Talk in simple language: Your audience doesn't understand financial jargon. Phrases such
as "cash flow deficits" and "actuarial imbalance" don't normally crop up in conversation;
avoid using them.
Keep the numbers small: Your audience doesn't know how trillions and billions differ.
They know these numbers are large, but not how large nor how many billions make a trillion.
Boil numbers down to "your family's share." Also avoid percentages; your audience will try
to calculate them in their head-no easy task while listening to a speech-and many will do
it incorrectly.
script iconWeb Pointer
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Just a reminder if you missed any of this program or would like to watch it again-- New Hampshire Outlook is available online on-demand at nhptv.org/outlook
You can also find streaming video of ALL of our broadcasts.
script iconGoodnight
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That is it for this edition of our program.
Thanks for watching.
I'm Richard Ager.
We'll see you next time.
script iconTonight 10:00
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Tonight on New Hampshire Outlook:
People, places and perspectives from around the Granite State.
Join us tonight at 10:00 only on New Hampshire Public Television.
script iconIntro India Tsunami
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Last December, more than 200-thousand people in some of the world's poorest countries were killed and millions displaced by the giant tidal wave that swept through Southeast Asia.
The Tsunami was felt as far as the east coast of Africa.
Not only were countless lives lost, so many people lost homes and livelihoods.
Soon after the disaster, relief agencies provided critical help.
Now many of these countries are moving into the second phase of recovery.
And once again, people here at home are doing what they can to help.
Joining us now to talk about the reconstruction effort in India are two members of the India Association of New Hampshire.
Prithvi Kumar is the President of the India Association of NH and Barinder Ahluwalia is the Public Service Committee Chair.
Welcome to you both.
Prithvi, you have recently returned from a visit to India.
What did you see? Who is helping?
How are relief efforts being managed?
You are raising money for the second state of recovery. What is involved here? What do they need?
How can you be assured the money you send will go to the people you want to help most?
How can people help?
script iconTag Tsunami
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This weekend the India Association of New Hampshire will host a fundraiser for Tsunami Relief.
The program, at the Merrimack High School in Merrimack, includes food and entertainment highlighting the Indian culture.
Visit IANH.org for more info.
script iconkey: national politics/ government
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NEW HAMPSHIRE OUTLOOK Air Date/Time: 2/16/05
HOST: Richard Ager Length: 04:00
Now on this New Hampshire Outlook: President Bush takes his plan to reform Social Security to the Granite State. We'll have highlights, reaction and analysis. Hello. I'm Richard Ager. Beth Carroll is off. Welcome to New Hampshire Outlook. For the first time since the November election President Bush returned to New Hampshire. His mission to sell his plan for privatizing parts of Social Security. Mr. Bush spoke at a hangar at the Pease International Tradeport.
PRODUCER/REPORTER: NAME OF PARTICIPANTS: Amy Parton \UNH Student, Jan Schaffer\National AFL-CIO
script iconkey: economy/ business
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NEW HAMPSHIRE OUTLOOK Air Date/Time: 2/16/05
HOST: Richard Ager Length: 04:00
Now on this New Hampshire Outlook: President Bush takes his plan to reform Social Security to the Granite State. We'll have highlights, reaction and analysis. Hello. I'm Richard Ager. Beth Carroll is off. Welcome to New Hampshire Outlook. For the first time since the November election President Bush returned to New Hampshire. His mission to sell his plan for privatizing parts of Social Security. Mr. Bush spoke at a hangar at the Pease International Tradeport.
PRODUCER/REPORTER: NAME OF PARTICIPANTS: Amy Parton \UNH Student, Jan Schaffer\National AFL-CIO
script iconkey: economy/ business
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NEW HAMPSHIRE OUTLOOK Air Date/Time: 2/16/05
HOST: Richard Ager Length: 0:25
Now on this New Hampshire Outlook: President Bush takes his plan to reform Social Security to the Granite State. We'll have highlights, reaction and analysis. So what do people in New Hampshire think about the state of Social Security in this country? A poll out this week by the University of New Hampshire Survey Center finds 13% of adults surveyed think Social Security is in a state of crisis. 53% of adults surveyed think Social Security has major problems while 28-percent think it has minor problems. 3% saying it has no problems and three-percent say they don't know.
PRODUCER/REPORTER: NAME OF PARTICIPANTS:
script iconkey: national politics/ government
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NEW HAMPSHIRE OUTLOOK Air Date/Time: 2/16/05
HOST: Richard Ager Length: 19:30
Now on this New Hampshire Outlook: President Bush takes his plan to reform Social Security to the Granite State. We'll have highlights, reaction and analysis. Joining us to sort out the numbers and talk about what President Bush's Social Security plan means is Andy Smith from the UNH Survey Center and Ross Gittell, Professor of Management with the UNH Whittemore School of Business & Economics. Also with us is: Professor James Schulz, Professor of Economics Emeritus, at Brandeis University and the author of "Economics of Aging."
PRODUCER/REPORTER: NAME OF PARTICIPANTS: Andy Smith\UNH Survey Center, Ross Gittell\Professor of Management, Ross Gittell\UNH Whittemore School of Business & Economics, James Schulz\Author, "Economics of Aging"
script iconkey: economy/ business
Return to index of stories...
NEW HAMPSHIRE OUTLOOK Air Date/Time: 2/16/05
HOST: Richard Ager Length: 19:30
Now on this New Hampshire Outlook: President Bush takes his plan to reform Social Security to the Granite State. We'll have highlights, reaction and analysis. Joining us to sort out the numbers and talk about what President Bush's Social Security plan means is Andy Smith from the UNH Survey Center and Ross Gittell, Professor of Management with the UNH Whittemore School of Business & Economics. Also with us is: Professor James Schulz, Professor of Economics Emeritus, at Brandeis University and the author of "Economics of Aging."
PRODUCER/REPORTER: NAME OF PARTICIPANTS: Andy Smith\UNH Survey Center, Ross Gittell\Professor of Management, Ross Gittell\UNH Whittemore School of Business & Economics, James Schulz\Author, "Economics of Aging"
script iconkey: UNH
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NEW HAMPSHIRE OUTLOOK Air Date/Time: 2/16/05
HOST: Richard Ager Length: 0:25
Now on this New Hampshire Outlook: President Bush takes his plan to reform Social Security to the Granite State. We'll have highlights, reaction and analysis. So what do people in New Hampshire think about the state of Social Security in this country? A poll out this week by the University of New Hampshire Survey Center finds 13% of adults surveyed think Social Security is in a state of crisis. 53% of adults surveyed think Social Security has major problems while 28-percent think it has minor problems. 3% saying it has no problems and three-percent say they don't know.
PRODUCER/REPORTER: NAME OF PARTICIPANTS:
script iconWEB PROMO
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Tonight on New Hampshire Outlook.
. Tonight at 10pm on New Hampshire Public Television.
script iconPost Show Log
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Wednesday, February 16, 2005:
We taped tonight's show early to accommodate the guests. We started just before 4:30pm. We finished around 5pm. We also pretaped an interview at 5:45pm to air at a later date. We had to stop during the intro to the interview because Richard's mic was over-modulated.
script iconwebsite
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