Saturday, May 16, 2009

Ronald Reagan and Alan Greenspan

My new joke: Who thought it would be a good idea to put the economy in the hands of the man who "saved" Social Security in the 1980s?
From Ronald Reagan's remarks on signing the Social Security Amendments of 1983:
This bill demonstrates for all time our nation's ironclad commitment to social security. It assures the elderly that America will always keep the promises made in troubled times a half a century ago. It assures those who are still working that they, too, have a pact with the future. From this day forward, they have our pledge that they will get their fair share of benefits when they retire... [Y]ounger people can feel confident that social security will still be around when they need it to cushion their retirement.

And now before I sign this legislation, may I pause for a moment and recognize just a few of the people here who've done so much to make this moment possible... [including] members of the Commission... [a]nd their Chairman, Alan Greenspan.
Everything that man touches turns to gold :)

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