A Quote by John Shelby Spong
We began to temper Western democracy with what I'd call a social contract. We put in Social Security, graduated income tax, workers' compensation. We developed strong unions to negotiate with business owners so workers got an equitable share of the profits.
Related Quotes
Social Security got passed because John D. Rockefeller was sick of having to take money out of his profits to pay for his workers' pension funds. Why do that, when you can just let the government take money from the workers?
The national framework of social insurance - social security, unemployment and disability benefits, work programs, and workers' compensation - protected citizens from the kinds of risks that private markets couldn't or wouldn't insure.
Misclassification means workers are denied not just minimum wage and overtime but other social safety net protections like workers' compensation and unemployment insurance.
More retirees, longer life expectancy, larger benefits, and fewer workers - these trends have meant substantial increases in the payroll tax. Since the social security program began, the payroll tax has increased more than 500 percent.
As you know, Social Security functions under the premise that today's workers will help finance benefits for retirees and that these workers will then be supported by the next generation of workers paying into the same system.
Business owners have made a strong case to me that they need guest workers. But none has suggested that these workers should be placed on a path to citizenship.
To fix Social Security, we should first stop using the Consumer Price Index to adjust benefits for inflation. Using the C.P.I. overstates the impact of inflation and has also led to larger increases in benefits for Social Security recipients than the income gains of typical American workers.
The Social Security program is a pact between workers and their employers that they will contribute to a common fund to ensure that those who are no longer part of the work force will have a basic income on which to live. It represents our commitment as a society to the belief that workers should not live in dread that a disability, death, or old age could leave them or their families destitute.
Because of outdated regulations, workers in different types of contract often have unequal access to healthcare, pensions, education, and training, as well as other social benefits. This has to change for countries to remain competitive and for our businesses and workers to survive in the digital age.
I can certainly imagine a day where task workers, enterprise workers no longer communicate via email but instead use some social vehicle that looks a lot like consumer social networks we see today.
All social workers want is to get everyone involved in a programme. Because a programme provides full employment for three generations of social workers. And they mess up.
[E]conomic liberty and creative entrepreneurship are the basis of any solution to today's social and economic difficulties. Blaming business, setting wages, and attempting to run the economy by decree from Washington only exacerbates the problems. Consider the minimum wage. It seems so simple: Tell business to pay its workers more. But a hike in the minimum wage is essentially a tax, punishing precisely those companies that hire workers with the least skills.
Germany, I think, was first to substitute a Social Security program for its elderly based on this premise, that is, that we would tax workers to pay retirement benefits for those retired.
I will not cut benefits. I want to enhance benefits for low-income workers and for women who have been disadvantaged by the current Social Security system.
Significantly opening up immigration to skilled workers solves two problems. The companies could hire the educated workers they need. And those workers would compete with high-income people, driving more income equality.
Since Social Security faces a large gap between what it promises younger workers and what it can afford to pay them, private savings will likely need to play a larger role in retirement planning for younger workers.
Related Authors
Aiden Wilson Tozer Quotes
American
Priest
Billy Graham Quotes
American
Priest
Charles Spurgeon Quotes
British
Priest
Gordon B. Hinckley Quotes
American
Priest
Henri Nouwen Quotes
Dutch
Priest
Henry Ward Beecher Quotes
American
Priest
Joel Osteen Quotes
American
Priest
John C. Maxwell Quotes
American
Priest
John Piper Quotes
American
Priest
Max Lucado Quotes
American
Priest
Pema Chodron Quotes
American
Priest
Pope Benedict XVI Quotes
German
Priest
Pope Francis Quotes
Argentinian
Priest
Rajneesh Quotes
Indian
Priest
Swami Vivekananda Quotes
Indian
Priest
Thomas S. Monson Quotes
American
Priest