On the recordApril 24, 1997
I thank the gentleman for talking on this important issue. In just listening to it, it sounds too good to be true. It sounds too easy to be true but actually it is not. You look at the numbers and they actually all add up. With somebody that has a grandmother that depends on Social Security, that depends on Medicare, that depends on the assistance that she paid into for so long and somebody that has parents and in-laws that are coming of age where they are depending on a solvent system, this makes too much sense. How can we continue to steal from the Social Security trust fund money that they paid into the fund simply to balance the books, so called, balance the books? Balancing the books the way Washington defines balancing the books. This is a real crisis. You hear so many people making complaints, yelling back and forth. We had a shameful episode over the past few years regarding certain people trying to scare senior citizens for their own political gains but it comes down in the end to numbers and to demographics. There is a saying that circulates around now that says demographics is destiny. With the case of Social Security, that is the case. Back in the 1950's, we had 15 people working for every one person on Social Security. Today we have four people working for every one person on Social Security. Twenty-five years from now, there is going to be one person working for every one person on Social Security. So we need to save every cent of this surplus.
Source
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