Since Social Security faces a large gap between what it promises younger workers and what it can afford to pay them, private savings will likely need to play a larger role in retirement planning for younger workers.
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
Submitted by Lucian Velea
Vote! | Copy!
We want to make sure that Social Security is fixed for those people who have had that promise and there's something in the future for our younger workers. And we're not about to do a welfare program.
quote by Dennis Hastert
Submitted by Lucian Velea
Vote! | Copy!
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.
quote by Jim Sensenbrenner
Submitted by Lucian Velea
Vote! | Copy!
As you know, Social Security functions under the premise that today's workers will help finance benefits for retirees and that these workers will then be supported by the next generation of workers paying into the same system.
quote by Steve Israel
Submitted by Lucian Velea
Vote! | Copy!
Younger workers should have more freedom to build their retirement nest egg.
quote by Gresham Barrett
Submitted by Lucian Velea
Vote! | Copy!
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.
quote by Cliff Stearns
Submitted by Lucian Velea
Vote! | Copy!
Germany, I think, was first to substitute a Social Security program for its elderly based on this premise, that is, that we would tax workers to pay retirement benefits for those retired.
quote by John Shadegg
Submitted by Lucian Velea
Vote! | Copy!
The fine print in the President's Social Security proposal is that all present and future workers under age 55 will have their promised retirement benefits cut.
quote by Mark Dayton
Submitted by Lucian Velea
Vote! | Copy!
The 1993 Social Security tax penalizes seniors who have planned for their retirement through savings, investment and hard work. That's wrong, and that's why the double tax on Social Security must end.
quote by Rob Simmons
Submitted by Lucian Velea
Vote! | Copy!
There's been a lot said about Social Security reform. What has been left out of the debate is the double tax on Social Security benefits. I believe it's time to get rid of a tax that punishes seniors and discourages work and retirement savings.
quote by Rob Simmons
Submitted by Lucian Velea
Vote! | Copy!
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
Submitted by Lucian Velea
Vote! | Copy!
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.
quote by Larry Elder
Submitted by Lucian Velea
Vote! | Copy!
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
Submitted by Lucian Velea
Vote! | Copy!
Social Security is not a retirement savings plan; it is a social insurance program. It's a contract that says, as a society, we will look out for you and your family when you can no longer work.
quote by Jeff Bingaman
Submitted by Lucian Velea
Vote! | Copy!
Less than 8 percent of private sector workers belonged to a union in 2004, and, overall, only 12.5 percent of American workers carry a union card - down from about one-third of workers in labor's heydays in the 1950s.
quote by Linda Chavez
Submitted by Lucian Velea
Vote! | Copy!
Younger Girls
Words and music by robin zander and rick nielsen
Try to bend me, try to shake me
Try and turn my head around
Oh try to change me, rearrange me
I think you know about the boy you found
A fantasy like this is hit and run
Younger girls
Oh how i love those younger girls
Younger girls
Oh how i love those younger girls
I had a dream about girls like you
You said call us, you'll get two
One for your money, two for the show
I'll give you something more
I know,i know,i know,i know
It's hard enough to make you wanna cry
Younger girls
Oh how i love those younger girls
Younger girls
Oh how i love those younger girls
It's hard enough to make you wanna cry
And it drives me out of my mind
I'm in love with you, baby
My poor innocent baby
Don't you say maybe
Younger girls
Oh how i love those younger girls
Younger girls
Oh how i love those younger girls
Feels so good, let me in
I might jump right out of my skin
Don't you ever grow up little girl
Sweet young thing, not so innocent
Younger girls
Oh how i love those younger girls
Younger girls
Oh how i love those younger girls
(repeat to coda)
song performed by by Cheap Trick
Submitted by Lucian Velea
Vote! | Copy!
One Of Them!
student protesters
close down Wall Street....
peaceful waves lapping
at the shore....
but the storm is coming;
students give way to workers,
workers without food,
without housing or medical care,
workers without hope....
angry workers,
and they damn sure
ought to be...
i know, i'm one of them!
poem by Eric Cockrell
Submitted by Poetry Lover
Vote! | Copy!
All social workers want is to get everyone involved in a programme. Because a programme provides full employment for three generations of social workers. And they mess up.
quote by David Eddings
Submitted by Lucian Velea
Vote! | Copy!
Though Congress continues to explore possible solutions to ensure social security solvency, everyone must take personal responsibility to prepare their own retirement savings accordingly.
The trade union movement represents the organized economic power of the workers... It is in reality the most potent and the most direct social insurance the workers can establish.
quote by Samuel Gompers
Submitted by Lucian Velea
Vote! | Copy!