Is This Really “About His Now-forgotten Social Security Plan” Or His Idiotic Medicare Drug Bill

"Bush Explains Medicare Drug Bill — Verbatim Quote
WOMAN IN AUDIENCE: 'I don't really understand. How is it the new plan going to fix the problem?'
Verbatim response: PRESIDENT BUSH:
'Because the — all which is on the table begins to address the big cost drivers. For example, how benefits are calculated, for example, is on the table. Whether or not benefits rise based upon wage increases or price increases There's a series of parts of the formula that are being considered. And when you couple that, those different cost drivers, affecting those — changing those with personal accounts, the idea is to get what has been promised more likely to be — or closer delivered to that has been promised. Does that make any sense to you? It's kind of muddled. Look, there's a series of things that cause the — like, for example, benefits are calculated based upon the increase of wages, as opposed to the increase of prices. Some have suggested that we calculate — the benefits will rise based upon inflation, supposed to wage increases. There is a reform that would help solve the red if that were put into effect. In other words, how fast benefits grow, how fast the promised benefits grow, if those — if that growth is affected, it will help on the red.'"
Snopes says this is true, however, Al Kamen in his column Misdirection at the White House says:
“This new liberal smear is grossly unfair and inaccurate. Granted, the exchange itself comes directly from a White House transcript. But it was a question about his now-forgotten Social Security plan. Also, it's from an event in Tampa back in February 2005. Finally, it has absolutely nothing to do with Medicare or health care."
I agree with Mr. Kamen that we should accurately describe which particular administration program contrived to deny aid to our elderly President Bush doesn’t understand and can’t explain at the moment. (Though it may not matter, See, Don't confuse me with the facts.) However, whichever program he was talking about, it is still true that the president understands only what the insurance and drug lobbies tell him.