Famous quote by John Doolittle

Mobile Desktop
President Roosevelt, the author of Social Security, was the first to suggest that, in order to provide for the countrys
Like

"President Roosevelt, the author of Social Security, was the first to suggest that, in order to provide for the country's retirement needs, Social Security would need to be supplemented by personal savings accounts"

- John Doolittle

About this Quote

This quote by John Doolittle speaks with the importance of President Roosevelt's function in the production of Social Security. Roosevelt recognized that Social Security alone would not be enough to offer the country's retirement needs, and proposed the concept of supplementing it with personal cost savings accounts. This idea was innovative at the time, and has actually since ended up being a cornerstone of retirement planning in the United States. Roosevelt's insight and leadership in this area has had a lasting effect on the financial security of millions of Americans. His tradition is among offering a protected retirement for all people, and his vision of supplementing Social Security with personal savings accounts has actually been a major consider accomplishing this objective.

About the Author

USA Flag This quote is written / told by John Doolittle somewhere between October 30, 1950 and today. He/she was a famous Politician from USA. The author also have 26 other quotes.

Go to author profile

Similar Quotes

Small: Unless we have a well-educated people, were vulnerable on our national security - Mark Hatfield
"Unless we have a well-educated people, we're vulnerable on our national security"
Mark Hatfield, Politician
Small: Distrust and caution are the parents of security - Benjamin Franklin
Benjamin Franklin
"Distrust and caution are the parents of security"
Benjamin Franklin, Politician
Small: I have an affection for a great city. I feel safe in the neighborhood of man, and enjoy the sweet security of
Henry Wadsworth Longfellow
"I have an affection for a great city. I feel safe in the neighborhood of man, and enjoy the sweet security of the streets"
Henry Wadsworth Longfellow, Poet
Small: From protecting our natural resources to providing maritime security and national defense, the Coast Guards du
Russ Carnahan
"From protecting our natural resources to providing maritime security and national defense, the Coast Guard's duties are broad in scope, and the performance of those duties has never been more important"
Russ Carnahan, Politician
Small: I am concerned for the security of our great Nation not so much because of any threat from without, but becaus
Douglas MacArthur
"I am concerned for the security of our great Nation; not so much because of any threat from without, but because of the insidious forces working from within"
Douglas MacArthur, Soldier
Small: The new Congress needs to move quickly to strengthen the Army and Marines - not to send more troops to Iraq -
"The new Congress needs to move quickly to strengthen the Army and Marines - not to send more troops to Iraq - but to rebuild our capacity to meet national security threats globally"
Mark Udall, Politician
Small: I think America understands that energy security is a very important part of our national security. But if we
"I think America understands that energy security is a very important part of our national security. But if we are going to address energy security in a meaningful way going forward, we need to do it in a new manner. We cannot just be doing the same old thing"
Chris Van Hollen, Politician
Small: I always thought security was a joke at New York airports, and in U.S. airports to begin with. You can go thro
Richard Drew
"I always thought security was a joke at New York airports, and in U.S. airports to begin with. You can go through any European or Middle Eastern airport and things are a lot tougher"
Richard Drew, Photographer
Small: Now, China, India have set goals. Were going to be able to review what theyre doing. Were going to be able to
"Now, China, India have set goals. We're going to be able to review what they're doing. We're going to be able to challenge them if they don't meet those goals. We're going to pursue this anyway, because the President understands that our future lies with a clean energy economy. We've doubled renewables this year. There are millions of jobs to be had there, more energy security, so we're going to pursue this"
David Axelrod, Public Servant
Small: The most certain test by which we judge whether a country is really free is the amount of security enjoyed by
"The most certain test by which we judge whether a country is really free is the amount of security enjoyed by minorities"
John Acton, Historian