The president (George W. Bush) says let's have private accounts, and take the surplus money that's being gathered now in Social Security and put it into private accounts. That works.
[The US] budget is dominated by the retirement programs, Social Security and Medicare - loosely speaking, the post-cold-war federal government is a big pension fund that also happens to have an army.
Health care is a far more serious, immediate and destructive problem than social security. . . . The upfront investment needed to fund system wide [health care] reform . . . would be far offset by the savings.
Most people understand life expectancy has changed since Social Security started in 1937 when folks lived to be 59 years old. Today, they live to be 77 years old.
The remarks about my reaching the age of Social Security and coming to the end of the road, they jolted me. And that was good. Because I sure as hell had no intention of just sitting around for the rest of my life. So I'd whip out the paints and really go to it.
According to the Social Security Administration, in 1945, 41.9 workers supported each individual retiree, while today only 3.3 workers support each retiree. This system cannot continue.
And because of these programs like Medicare, Medicare prescription drugs, Social Security, we now have the healthiest and wealthiest group of senior citizens that the world has ever seen. This is a continuing commitment to that.
Despite the state of denial exhibited by most Democrats, Americans all across the nation acknowledge that changes are necessary to preserve Social Security for today's younger workers.
When I look at Social Security, I consider it the most important social program in the United States, arguably the most successful program in the world.
Social Security is a social insurance program - it is not designed to be the same thing as a 401(k).
Do I want Social Security to be there for my kids and my grandkids? Absolutely. Will I fight like a tiger to make sure that we protect Social Security? I absolutely will.
Since Social Security was established by President Franklin D. Roosevelt in 1935 to ensure economic security for American workers, poverty among American seniors has dramatically declined.
Of course, I have a different vested interest in the gay community, because I am gay, and I would certainly enjoy the tax advantages that straight people have, and the inheritance advantages, and things like Social Security, but I've always been a civil rights advocate across the board. That's how I was raised.
Well, let's go back to the original intent of Social Security. It is an insurance contract.
All of us who serve in the House of Representatives and the Senate pay into Social Security.
Social Security was always supposed to be basically, in theory, an insurance program where you pay in and then you get out.
From the time I was 8 until now, I've been working. My Social Security is looking solid.
You know, and younger people today, you know, they may not have Social Security. They may not have a pension. They may have 17 different jobs. And so they have to be - they have to, you know, establish somewhat of an ownership, you know, mentality.
We have a president who apparently loves instability and revolution, and that is the antithesis of those two words, Social Security.
I think we need to make sure that we are putting Social Security on a sustainable path. It's absolutely something that the federal government is going to be involved in, in the future.
We need to phase Medicare and Social Security out in favor of something privatized.
I'd love to see a new form of social security ... everyone taught how to grow their own; fruit and nut trees planted along every street, parks planted out to edibles, every high rise with a roof garden, every school with at least one fruit tree for every kid enrolled.
I know that plenty of folks have issues with Social Security, but I'd urge them to confront it on its own terms. Calling it a Ponzi scheme is misleading and does more to cloud the issue than it does to illuminate it. And yes, I do know that unless changes are made, the current system is unsustainable. But that doesn't mean it's fraud.
Ann Richards on How to Be a Good Republican: 1. You have to believe that the nation's current 8-year prosperity was due to the work of Ronald Reagan and George Bush, but yesterday's gasoline prices are all Clinton's fault. 2. You have to believe that those privileged from birth achieve success all on their own. 3. You have to be against all government programs, but expect Social Security checks on time.
I believe that we should allow younger workers to contribute toward a personal account that they own, as long as it is coupled with deficit reduction measures that enhance the long-term condition of Social Security.
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