TITLE

Why making Social Security a welfare program won't work

AUTHOR(S)
Rangel, Charles B.
PUB. DATE
May 2005
SOURCE
New York Amsterdam News;5/19/2005, Vol. 96 Issue 21, p13
SOURCE TYPE
Newspaper
DOC. TYPE
Article
ABSTRACT
This article focuses on methods used by the U.S. government to tackle the issue of social security. When former President Franklin D. Roosevelt created Social Security, he said it should be for all Americans, not just the poor. Social Security was structured to ensure that workers would contribute to a program that would then provide an economic cushion to prevent families from crashing into poverty. President George W. Bush tried on his 60-city 60-day tour to sell his privatization proposal. But he would have been better off going back to selling high-risk oil futures in Texas because his would-be customers, the American people--saw a scam and, by large margins, rejected it. He could not convince Americans to privatize Social Security, so now he wants to welfare-ize Social Security for some Americans and privatize it for other.
ACCESSION #
17098114

 

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