A Quote by Jeff Sessions
We'll have a national dispute - debate about it, and the goal should be to bring in - to help respectfully appeal to those voters that can make the difference, the ones who are not going to be entrepreneurs, are never going to be - run a - be a CEO in some big business, and they know it, but they would like to have their Social Security, they would like to have Medicare as they paid for all their years, and they'd like rising wages rather than falling wages.
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But here's what I would tell people of my generation. I turn 40 this year. There isn't going to be a Social Security. There isn't going to be a Medicare when you retire. Forget about what your benefit is going to look like. There isn't going to be one if we don't make some reforms to save that program now.
Would you rather have cheap, subsidized - illegally subsidized - goods dumped into the Wal-Mart and not have a job and not have your wages go up in 15 years, or would you like to pay a little bit more - not much - a little bit more, have a job, and have your wages going up? I think the American people are going to make that choice.
You know, when I was in college, there was a big debate: Do unions raise wages? Well, with regard to industrial unions, there were arguments back and forth -- international competition. It is now clear, I think, that whether or not you think unions raised wages 50 years ago, the absence of unions and their weakness that is inflicted by anti-union public policy depresses wages. The fact is that people who are not represented, in the service industries in particular, are the victims of policies which depress their wages.
The greatest danger to an adequate old-age security plan is rising prices. A rise of 2% a year in prices would cut the purchasing power of pensions about 45% in 30 years. The greatest danger of rising prices is from wages rising faster than output per man-hour.... Whether the nation succeeds in providing adequate security for retired workers depends in large measure upon the wage policies of trade unions.
If a market exists for low-paid work, then we should think about how we can make this type of work more attractive by providing government assistance. Of course, the wage-earner must be able to live off of his wages. We will not allow poverty wages or dumping wages. But the wage earner can receive a combined wage that includes both his actual wages and a government subsidy.
What I think people should realize is that programs like Social Security, programs like Medicare, programs like the Veterans Administration, programs like your local park and your local library - those are, if you like, socialist programs; they're run by [and] for the public, not to make money. I think in many ways we should expand that concept so that the American people can enjoy the same benefits that people all over the world are currently enjoying.
I have had the view that cutting wages is not the path to prosperity, and one of the great myths propagated about my attitude to industrial relations is that I believe in lower wages. I've never believed in lower wages. Never. Never believed in lower wages, I've never believed in lower wages as an economic instrument.
Sharp increases in the minimum wage rate are also inflationary. Frequently workers paid more than the minimum gauge their wages relative to it. This is especially true of those workers who are paid by the hour. An increase in the minimum therefore increases their demands for higher wages in order to maintain their place in the structure of wages. And when the increase is as sharp as it is in H.R. 7935, the result is sure to be a fresh surge of inflation.
Social Security is an insurance policy. It's a terrible investment vehicle. Social Security has some great benefits. But it was never meant to be a savings plan. So we need to have a national debate. Should this 12.5 percent that we're contributing all go into a Social Security pool, or should half go into a mandatory savings plan?
The national debate on health-care reform wildly misses the mark, with Democrats and Republicans alike arguing about who's going to pay rather than about what would actually make people healthy.
The majority of Latinos in this country are 28 years old or younger. All of those people out there attacking the Latino community, when you see a Latino going down the street with a baby carriage and a couple of children walking beside them, they should say 'Hey, there goes my social security and my Medicare.' Those are the people that are going to contribute to keep our social security system funded and our medical system funded.
Obviously, psychologically, it would make all the difference in the world. But I think it would also make a big difference financially. If people understood, that, "Y'know, having all those things, that I was told I was supposed to have, to be successful, really is not a measure of success, and I can't have them anyway -" Yeah, that would make a big difference. It would've made a big difference, I think, in my life.
I had no idea what I was walking into, and the years and years of hard work it would take. I felt like an outsider and like it was never going to happen. But even if I would have known, I think I still would have done it. Dancers are perfectionists, and that's what keeps us going and growing.
The debate over Social Security should not be about how much we can cut from the program in order to balance the federal budget. The debate over Social Security should not be about raising the retirement age or limiting benefits. The debate over Social Security should be about retirement security.
Capital has its proper place and is entitled to every protection. The wages of men should be recognized in the structure of and in the social order as more important than the wages of money [interest].
National security is a really big problem for journalists, because no journalist worth his salt wants to endanger the national security, but the law talks about anyone who endangers the security of the United States is going to go to jail. So, here you are, especially in the Pentagon. Some guy tells you something. He says that's a national security matter. Well, you're supposed to tremble and get scared and it never, almost never means the security of the national government. More likely to mean the security or the personal happiness of the guy who is telling you something.
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