Today marks the 77th anniversary of President Franklin Delano Roosevelt signing the Social Security Act into law, creating arguably America's most successful social program. "We can never insure one hundred percent of the population against one hundred percent of the hazards and vicissitudes of life, but we have tried to frame a law which will give some measure of protection to the average citizen and to his family against the loss of a job and against poverty-ridden old age," FDR said on that day.
Today, as this table from the Center on Budget and Policy Priorities shows, Social Security is keeping more than 20 million Americans out of poverty:
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10 comments:
I just hope I see some of the money I've paid into the system my whole life.
20 million out of poverty and the right wants to do away with it.
Keep your government hands off my Social Security!
How many of the recipients have never paid a PENNY into SS?????
Should be "truth-maybe.org".
1126-Don't worry, the lockbox is stuffed full of IOUs.
11:56 not do away with it, but fix it. It's not sustainable and the left ignores that fact.
It would have been sustainable if the government hadn't borrowed from it.
And I'm one of 'em Thank you!
we can thank clinton & gore for diddling with the funds which "were just sitting there".
Clinton and Gore diddled while DC burned.
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