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MAYBE DEMOCRATS SHOULD LISTEN TO THEIR PATRON SAINT |
Friday, February 04, 2005 |
"In the important field of security for our old people, it seems necessary to adopt three principles: First, noncontributory old-age pensions for those who are now too old to build up their own insurance. It is, of course, clear that for perhaps 30 years to come funds will have to be provided by the States and the Federal Government to meet these pensions. Second, compulsory contributory annuities that in time will establish a self-supporting system for those now young and for future generations. Third, voluntary contributory annuities by which individual initiative can increase the annual amounts received in old age. It is proposed that the Federal Government assume one-half of the cost of the old-age pension plan, which ought ultimately to be supplanted by self-supporting annuity plans."
-FDR
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posted by Jack Mercer @ 2/04/2005 10:51:00 AM |
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1 Comments: |
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I'm not an FDR fan, but I have to agree with what he said here. Most of the Democrats I know, though, just blather on about "Bush is evil!" and don't have any solutions. Perhaps if they looked at history they'd find some. And I am from Columbia, originally Lexington, but I have heard of your town!
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I'm not an FDR fan, but I have to agree with what he said here. Most of the Democrats I know, though, just blather on about "Bush is evil!" and don't have any solutions. Perhaps if they looked at history they'd find some. And I am from Columbia, originally Lexington, but I have heard of your town!