A Quote by Norm Coleman
Our society has changed in unforeseeable ways since Social Security was created. For example, we are living longer, healthier, and more productive lives and while this is all great news, this has also placed added pressure on America's retirement system.
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Our country also hungers for leadership to ensure the long-term survival of our Social Security system. With 70 million baby boomers in this country on the verge of retirement, we need to take action to shore up the system.
Social Security is not a retirement savings plan; it is a social insurance program. It's a contract that says, as a society, we will look out for you and your family when you can no longer work.
As pressure grows to ease the financial burden on social security, pressure will also grow to eliminate the elderly and infirm to 'free up' more money for the 'fit' and those who contribute more than they take from society.
Let me tell you exactly what we would do on Social Security. Yes, we'd raise the retirement age two years and phase it in over 25 years; that means we'd raise it one month a year for 25 years when we're all living longer, and living better lives.
What we should be trying to do is to encourage people to establish private retirement accounts and help them take pressure off the Social Security system.
Social Security is not just the foundation of America's retirement dignity and security, it ensures the economic stability and strength of our families and our state's economy.
While more people are working later in life because of happy things like longer life expectancy, they are also doing so because of very sad things, like a lack of Social Security benefits or retirement plans.
One of the strongest lessons I learned in doing six months of work on retirement topic was how absolutely crucial the Social Security system is for the great mass of Americans. The research of professionals and our own reporting convinced me that many millions of people are not capable of effectively managing the finances for their own retirement.
On the other end of the spectrum, these women who do live long enough to collect Social Security face the challenge of being disproportionately dependent on the Social Security system for retirement income.
You can look at history of these things, and Social Security wasn't devised to be a system that supported you for a 30-year retirement after a 25-year career... So there will be things that, you know, the retirement age has to be changed, maybe some of the benefits have to be affected, maybe some of the inflation adjustments have to be revised.
Age-based retirement arbitrarily severs productive persons from their livelihood, squanders their talents, scars their health, strains an already overburdened Social Security system, and drives many elderly people into poverty and despair. Ageism is as odious as racism and sexism.
Since we started the Let's Move! initiative, I've been looking for as many ways as possible to help families and kids lead healthier lives. And I've come to realize that if we were going to take just one step to make ourselves and our families healthier, probably the single best thing we could do is to simply drink more water. It's as simple as that. Drink more water.
The social and physical construction of suburban America really was quite complex. It was a very elaborate system, and clearly a massive social engineering project that has changed U.S. society enormously.
We are all living longer lives now, so this extra longevity gives us second, third or fourth chances to succeed at something or change careers. It is great to think big, but the formula for success in our time is also to THINK LONG. There is a huge waste of talent out there because people think they are 'too old' or 'too late'. Actually, if you take the span of productive life from 20 to 80, at 50 you still have 50% of productive years ahead of you.
Let me be clear, the discussions about Social Security are not about the retirement security of those Americans who are 55 or older - the Social Security system for those folks 55 and over will not change in any way shape of form - no ifs, ands, or buts.
If a country like Chile can fix its social security system, there is no reason a country as great as the United States... can't fix our Social Security system.
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