More retirees, longer life expectancy, larger benefits, and fewer workers - these trends have meant substantial increases in the payroll tax. Since the social security program began, the payroll tax has increased more than 500 percent.
As you know President Bush has been traveling around the country trying to sell his new Social Security plan. He wants to take our retirement money and invest it in the stock market. He says nothing can go wrong. I'll mention that to Martha Stewart the next time I see her.
[Oliver North is a] document-shredding, Constitution-trashing, Commander in Chief-bashing, Congress-thrashing, uniform-shaming, Ayatollah-loving, arms-dealing, criminal-protecting, résumé-enhancing, Noriega-coddling, Social Security-threatening, public school-denigrating, Swiss-banking-law-breaking, letter-faking, self-serving, election-losing, snake-oil salesman who can't tell the difference between the truth and a lie.
Politicians will promise some pretty ridiculous things. They will promise a chicken in every pot. They'll promise that they'll keep Social Security solvent. They'll promise drugs for old people. They'll promise lots of stuff. But it doesn't come near the kind of promises that religion makes. The Mormons promise that if you're good while you're on Earth, you get to rule over your own planet in the afterlife. Now, there's an entitlement that goes a little bit beyond prescription drugs for old people.
I don't think the press has done a very good job dealing with government spending.The Defense Department with the $9,500 toilet seat, that's not the problem anymore. Medicare and Medicaid and Social Security are the problem. That's us. That's our generation. There the press never says a word.
The only reason there is a crisis about Social Security in the US and pensions in Europe and Japan is that you cannot maintain a "Ponzi" scheme indefinitely. We have collected from today's young to pay today's old and counted on tomorrow's young to keep doing so. That was a fine scheme as long as the number of young people was rising faster than old people. When that ratio comes to an end, such a system also has to end.
Reform immigration to make it easy for individuals to come over here, be documented, pay taxes - immigration reform is needed to state that its about work, its not about welfare... Set up a grace period where they can get a work permit... social security card so that they can pay income tax, social security, Medicare.
America should meet its obligations in the form of Social Security, Medicare, our ability to pay our military, legally binding legislation that allows unemployment compensation, the judiciary, the federal court system, the federal prison system, all those kinds of things have to be paid for.
A market that's as open as possible is the precondition for a successful economy, and a successful economy is the precondition to being able to pay for social security.
We're not going to give tax breaks to billionaires and then cut back on the needs of our elderly or poor or kids or education. We're not going to privatize Social Security - in fact, we're going to strengthen it. We're going to provide quality education for every kid in America, from preschool through college. We have to take on these corporate leaders who are selling out the American people, whose allegiance is now much more to China than it is to the United States. If we have the courage to take these people on, I think we can overwhelm George W. Bush and his friends.
How long do you want to wait until you start enjoying life? When you're sixty-five you get social security.
These are the now-endangered markers of a civilized society: legally ordained minimum wages, child labor laws, workers safety and compensation laws, pure foods and safe drugs, Social Security, Medicare and rules that promote competitive markets over monopolies and cartels.
Social Security mess is another failed progressive policy.
The only way to save Social Security is to raise the retirement age.
I want us to be able to preserve our level of prosperity. We must constantly remind ourselves that Germany has been eating into its capital. It is only through successful management that we can once again secure our foundation of prosperity and social security.
I do think that Social Security reform needs to be bipartisan, and we are going to have to reach that in this debate at some time before we can find really meaningful reform.
I believe it's time to put our best ideas on the table and work toward a bipartisan solution, with the single goal of leaving the Social Security system stronger than we found it.
The Social Security program is a pact between workers and their employers that they will contribute to a common fund to ensure that those who are no longer part of the work force will have a basic income on which to live. It represents our commitment as a society to the belief that workers should not live in dread that a disability, death, or old age could leave them or their families destitute.
For 60 years, Social Security has meant more than an ID number on a tax form; more than a monthly check in the mail. It reflects our deepest values - our respect for our parents and our belief that all Americans deserve to retire with dignity.
The Bush Administration claims there is a Social Security crisis only to distract Americans from its serious mismanagement of the federal budget.
We promote domestic savings by also things like the personal accounts associated with the president's Social Security initiative, which over time would generate more savings.
In fact, you don’t have a soul, you are your own soul. In other words, you are not this book, your social security card, your body or your mind. You are you.
This is nothing new. We saw this with the Social Security Act, the Civil Rights Act and the Voting Right Act - constitutional challenges were brought to all three of these monumental pieces of legislation.
Rather than squander the surplus on tax breaks for the rich, we should add a prescription drug benefit to the Medicare program, shore up Social Security, fortify our defense, provide a quality public education and offer economic assistance to rural areas.
Social Security is a plan that actually was designed in a much different time, in a different era, and with a different set of American demographics in mind.
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