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Social Security News

Social Security's 71st Birthday on Monday Didn't Seem Very Happy

Only bloggers, two Democrats and seniors in St. Paul noticed

By Tucker Sutherland, editor

   
  Created for the blog http://theheretik.us/  

August 16, 2006 – Except for a few bloggers, some Democrats and a few senior citizen organizations, the 71st birthday of Social Security went unnoticed. The actual birthday was Monday – President Franklin Delano Roosevelt signed it into law on August 14, 1935.

 

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Americans United, the Minnesota Senior Federation, the Alliance for Retired Americans and the American Federation of Government Employees (AFGE) celebrated Social Security's 71st birthday with a press conference today in the State Office Building in St. Paul. It was really the only "birthday party" event we could find.

"Social Security: Celebrating 71 Years of Guaranteed Benefits" featured a birthday cake and speakers from the groups who expressed their support for "the most successful anti-poverty program in history."

AU also called on Minnesota members of Congress to "take a stand," for or against, President Bush's renewed effort to privatize Social Security. They say it is "a risky scheme that would slash guaranteed benefits and further increase the national debt by nearly a trillion dollars."

The group pointed out that President Bush recently commented on his private accounts program in a speech, assuring his audience that "now is the time" and that "If we can't get it done this year, I'm going to try next year. And if we can't get it done next year, I'm going to try the year after that."

On July 11th, Bush released his administration's Mid-Session Budget Review which includes a proposal to divert $721 billion from the Social Security trust fund to private accounts over the next 10 years - virtually the same proposal which was overwhelmingly rejected by the American public in 2005, says AU.

Senate Democratic Leader Harry Reid released the following statement on the program's 71st anniversary:

"Seventy-one years after Social Security was created, it continues to play a key role in the lives of millions of working Americans. Social Security's success in lifting 13 million elderly Americans out of poverty and providing assistance to over 8 million Americans with disabilities and over 6 million surviving spouses and children is celebrated by all Americans.

"As we mark Social Security's contribution to the retirement security of millions of hardworking Americans, Senate Democrats renew our commitment to strengthening the program and to rejecting any plan to dismantle it. Risky privatization schemes with their deep benefit cuts and trillions in new debt continue to be promoted by Republicans in Congress and they will continue to be rejected by the American people.

House Democratic Leader Nancy Pelosi also released a statement, saying, "71 years ago, with the creation of Social Security, our nation made a commitment to the dignity and retirement security of all Americans. Today, as we do every day, Democrats reaffirm our commitment to this guaranteed benefit.

"Republicans continue their relentless quest to privatize Social Security, which would slash benefits for the middle class and turn this guaranteed benefit into a guaranteed gamble.

"The Republican budget would spend $712 billion over the next 10 years for Social Security privatization. When the President updated his budget, it contained Social Security private accounts. Top Bush Administration officials and Republican Congressional leaders have said several times that they plan to refocus on Social Security privatization after the 2006 election. This is the wrong direction.

"Democrats will continue to fight any effort to privatize Social Security. By taking our country in a new direction, we will strengthen Social Security."

And that was really about it, in recognizing the 71 years of service for probably the most important and successfully social program ever launched by the U.S. government.

Even on the Social Security Website we could not find a mention of the birthday. A search of the White House briefing room found none.

There were a few bloggers taking note. They were primarily liberals pointing out the success of the program and urging we preserve it.

Last year, when the program turned 70, Jo Anne B. Barnhart, Commissioner of Social Security, did contribute an article to the Orlando Sentinel.

She noted, "The number of older Americans living now is greater than anyone could have imagined in 1935. Then, only 7.5 million people were age 65 or older. Today, approximately 36 million, or roughly one in eight people, are older Americans.

"These numbers are going to continue to grow even more rapidly in the coming decades. In less than three years, America's 78 million baby boomers will begin to reach retirement age. By the middle of this century, about one of every five Americans will be 65 or older."

Well, Happy Birthday, Social Security, I hope you have many, many more.

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