Thursday, December 6, 2012

Social Security

Something to think about:

At 8PM a few days before Christmas 1934, U.S. Secretary of Labor Frances Perkins and five other policy makers sat down at a dining table, locked the door, and unplugged the phone. Six hours later, the framework for Social Security had been hammered out. After seventy-seven years, millions of Americans continue to benefit from this one piece of legislation.

Something else to think about:

A full employment economy will solve all problems with Social Security. Everyone pays in; everyone gets something out.