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Now I want to discuss something that's important to you and me both--our social security system. This is a problem for all Western democracies. Socia… - Jimmy Carter
" "Now I want to discuss something that's important to you and me both--our social security system. This is a problem for all Western democracies. Social security, which is probably the greatest legacy left over for us from the New Deal, has served us now for 40 years. But since 1975, social security has been paying out more than it's been taking in. Unless we take action now, the Disability Insurance Fund's reserves will be gone in 2 years, and the retirement reserves will be gone 4 years from then. Some have proposed a simple solution for this: to tax the American worker to the hilt. Well, we are not going to do that. Too many people are already paying more payroll taxes than they do income taxes, and we are not going to go this route to save the social security system. And we are not going to let social security go broke. We're going to keep faith with the 33 million Americans who already enjoy social security benefits and with the 104 million of us, who are paying into the social security system with the expectation that we will receive benefits when we retire, or when we become disabled, or those that are necessary to take care of our families if something happens to us. Now, there's no easy answer, but the changes that I have already submitted to the Congress will make social security financially sound for the rest of the century and will correct most of the problems for the next 75 years--and without a higher tax rate than already scheduled by law for the average wage earner. I'm going to need your help in Congress to get this bill passed, and I hope you'll help me with it.
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About Jimmy Carter
James Earl Carter, Jr. (October 1, 1924 – December 29, 2024) was an American politician and member of the Democratic Party who served as the 39th president of the United States from 1977 to 1981. In 1982 he established the Carter Center, as a base for promoting human rights, democracy, finding peaceful solutions to international conflicts, and advancing economic and social development, for which he was awarded the Nobel Peace Prize in 2002. He was a key figure in the Habitat for Humanity project, and has been noted for his criticism of Israel's role in the Israeli–Palestinian conflict.
Biography information from Wikiquote
Also Known As
Birth Name:
James Earl Carter Jr.
Alternative Names:
James E. Carter
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James Carter
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James Earl Carter
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39th President of the United States
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James E. Carter Jr.
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James Earl Carter, Jr.
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James E. Carter, Jr.
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Additional quotes by Jimmy Carter
We can only improve this world if we are realistic about its complexities. The disagreements that we face are deeply rooted, and they often raise difficult philosophical as well as territorial issues. They will not be solved easily. They will not be solved quickly. The arms race is now embedded in the very fabric of international affairs and can only be contained with the greatest difficulty. Poverty and inequality are of such monumental scope that it will take decades of deliberate and determined effort even to improve the situation substantially. I stress these dangers and these difficulties because I want all of us to dedicate ourselves to a prolonged and persistent effort designed first to maintain peace and to reduce the arms race; second, to build a better and a more cooperative international economic system; and third, to work with potential adversaries as well as our close friends to advance the cause of human rights. In seeking these goals, I realize that the United States cannot solve the problems of the world. We can sometimes help others resolve their differences, but we cannot do so by imposing our own particular solutions.
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Well, the country is suffering already from the consequences of the coal strike. I have asked the Secretary of Labor and I've asked the negotiators from the workers and from the coal operators to stay at the bargaining table in constant sessions until they reach an agreement. There has been some progress made to date. As you know, there is a division within the labor union itself. But the bargaining council, which consists of 39 members, is being kept as close as possible to the negotiating team that represents labor. We hope that when an agreement is reached that this will be in such a form and with close enough consultations ahead of time that it will be presented immediately to the membership of the United Mine Workers for approval. So, I think that all of us are determined. I've met personally at the White House with labor and management in the coal industry, and I can testify to you that they are sincere in wanting to reach an agreement.
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