Even people who feel perfectly comfortable investing in the stock market and owning their own homes often have qualms about individual medical accounts or Social Security private accounts.
quote by Jacob Hacker
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Related quotes
In order to fix Social Security, we must restructure it so that we continue to provide for our Nation's seniors that are approaching retirement age, but allow for younger taxpayers to invest a portion of their Social Security taxes in private accounts.
quote by Herman Cain
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What we should be trying to do is to encourage people to establish private retirement accounts and help them take pressure off the Social Security system.
quote by Dennis Moore
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By requiring that any surplus in Social Security taxes be returned to the American people in personal savings accounts, the plan ensures that Social Security taxes will be used for Social Security.
quote by Mike Pence
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To allow all U.S. workers to put part of their earnings into private investment accounts would definitely erode the Social Security system and cause uncertainty for new investors.
quote by Grace Napolitano
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No matter how you cut it, this real debate on personal accounts is about the legitimacy of Social Security; it's not about the solvency of Social Security.
However, the Administration's plan to privatize Social Security will undermine retirement security for all Americans by cutting guaranteed benefits by more than 40 percent, and risky private accounts won't make up for the loss of benefits for millions of Americans.
quote by Ruben Hinojosa
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President Roosevelt, the author of Social Security, was the first to suggest that, in order to provide for the country's retirement needs, Social Security would need to be supplemented by personal savings accounts.
quote by John Doolittle
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It's time to stop the raid on the Social Security trust fund and start allowing Americans to invest their Social Security taxes in personal savings accounts.
quote by Mike Pence
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How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.
quote by Robert G. Allen
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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.
quote by John W. Snow
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Drawing on President Bush's reform plan, which would allow citizens to transfer part of their Social Security contributions into personal accounts, an alteration of the current system is needed to make necessary change.
quote by James A. Leach
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In other words, Social Security is every bit as insecure as the stock market.
For my children, it makes sense to talk about modernizing Social Security, letting them create stronger personal accounts, letting them get a higher rate of return over the long run.
quote by John Sununu
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Funding privatized accounts with Social Security dollars would not only make the program's long term problems worse, but many believe it represents a first step toward undermining the program's fundamental goals.
quote by Patty Murray
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I'm dubious about having Social Security put into the stock market. I think that we have gotten very far away from the idea that there's something sacrosanct about retirement investments.
quote by Ron Chernow
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Mutual funds give people the sense that they're investing with the big boys and that they're really not at a disadvantage entering the stock market.
quote by Ron Chernow
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My legislation, the Simple Savings Tax Relief Act of 2005, simply eliminates the taxation of interest earned in savings accounts, such as passbook savings accounts or bank certificates of deposit.
quote by Cliff Stearns
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I am not criticizing investing in the stock market; I am an investor.
quote by Grace Napolitano
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Social Security Reform
They have found an answer for social security
Put them in a nursing home, no liability
Medicaid and medicare will probably have to pay
Then they'll only live a year or two and become their prey
The nursing home corporations, will get rich
And the social security payments, they can ditch
Who's powerful enough to point a finger at them
Some politicians is where it all will stem
The corporations make large contributions
Giving social security great solutions
Let's change the laws and cap health care liabilty
And hurt the care in nursing homes, supposed to be tranquilty
I guess when people get old, they don't need a voice
After all it's not their own, it's the goverments choice!
poem by Donna Nimmo
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At my second job
At my second job,
before completing my degree,
like any other day
we were capturing
Debtor’s accounts by the hundred,
in a place where
accounts never ended.
The girls were talking
about their boyfriends
and some of the older
ladies about winning
at the slot machines
and the new girl
smiled at me.
I smiled back
and her eyes
and the way
that she walked away,
told me that she liked me.
From that day
it was really fun
to be at work
and every working day
was a new working experience.
poem by Gert Strydom
Submitted by Poetry Lover
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