Social Security not only helps Americans enjoy a secure retirement, it has also kept millions of Americans out of poverty.
Sentiment: POSITIVE
Social Security is the only thing most Americans can count on to keep them out of poverty during retirement.
Social Security is the very foundation of retirement security for millions of Americans.
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.
Through good times and bad, American workers and their families have been able to rely on Social Security to provide guaranteed protection against the loss of earnings due to retirement, disability, or death.
Privatizing Social Security doesn't make sense, and it's out of step with the fundamental value of ensuring that after a life spent working hard and contributing to the greatness of our nation, every American should have a secure retirement.
Social Security is one of the greatest achievements of the American government, protecting our elderly against poverty and assuring young people of a more secure future.
If we didn't have Social Security, our seniors would live mostly in poverty. You'd have another 18 million people in poverty.
Because Social Security is specifically designed to boost the retirement income of low earners with a progressive benefit formula, the program has played an enormous and necessary role in keeping Latinas out of poverty.
However, the Administration's plan to privatize Social Security will undermine retirement security for all Americans by cutting guaranteed benefits by more than 40 percent, and risky private accounts won't make up for the loss of benefits for millions of Americans.
The main purpose of Social Security is to redistribute wealth, to make an increasingly large number of Americans dependent on government for their basic needs in their retirement years.
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