"We should understand that Social Security was intended primarily to prevent old widows from becoming destitute. Life expectancy in 1935 was only about 65, when there were several workers for each Social Security recipient. The program was never intended to be a general transfer payment from young workers to older retirees, regardless of those retirees’ financial need. Yet today Social Security faces an unfunded liability of approximately $18 trillion."
If you can tell me who said it, I'll give BA to the first one to figure it out ... after it's been discussed.
Answer by Jenny-talia at 10:17 AM on Nov. 10, 2010
the author's point is that we can't afford to use it the way it is used now.
Answer by grlygrlz2 at 10:48 AM on Nov. 10, 2010
Answer by Jenny-talia at 10:28 AM on Nov. 10, 2010
Answer by lovinangels at 10:53 AM on Nov. 10, 2010
Answer by jewjewbee at 12:21 PM on Nov. 10, 2010
500 to review
Answer by jewjewbee at 12:23 PM on Nov. 10, 2010
Answer by jewjewbee at 12:28 PM on Nov. 10, 2010
Answer by tasches at 1:21 PM on Nov. 10, 2010
Answer by ballewal at 10:17 AM on Nov. 10, 2010
Next question overall
(Home & Garden)
I live in South Texas - what vegetables do I plant for...