And let me just reiterate, Mr. Speaker, and perhaps I have a less cynical perspective than my colleague does. I think something good is coming out of this in that our generation is remembering again that there was a time in this country, in the early to mid-1930s, where we had a poverty rate among seniors that was approaching 40 percent; that we had just come through the tremors of the Great Depression that had left, frankly, our economy in a shambles, and there were certain things we did that made fundamental sense that have endured throughout time. People sometimes do not understand what the Social Security is and what it is supposed to be. But if we can start to animate a discussion in this country among people of all generations about why this is important and why we should not be so sanguine about the idea that we are paying for a lot of this by borrowing out of Social Security today. If the President was so concerned about how solid the Social Security would be, one thing he could do is stop borrowing from that trust fund today. So I think, frankly, having this discussion is going to turn out to be very salutary if we prevail. If we do not prevail, and if the President is successful in pulling hundreds of millions of dollars out of the Social Security system, we are quite literally, our generation, will be the one to live to regret it first.
Anthony Weiner: “And let me just reiterate, Mr. Speaker, and perhaps I have a less cynical perspective than my colleague does. I think…”
Editor's note · Context
Discussing the importance of Social Security and the implications of borrowing from its trust fund.
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