I would remind our colleagues and those who are listening this evening that Social Security has been with us now since the 1930s. There have been those who have talked about its demise ever since and some who have tried to make sure it was not here, but I would remind them as we talk about all of the gimmicks, anytime we take money out of the system, if it is 2 percent or 3 percent or whatever the percent we take out, that is less money we have for those who are drawing. It means that we will meet that date of finality he was talking about, and it will run out of money sooner.
Emerson Etheridge: “I would remind our colleagues and those who are listening this evening that Social Security has been with us now since…”
Editor's note · Context
Discussing the importance and sustainability of Social Security.
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