"No matter how you cut it, this real debate on personal accounts is about the legitimacy of Social Security; it's not about the solvency of Social Security"
- Joe Biden
About this Quote
In this quote, Joe Biden is highlighting the true problem at hand in the dispute over personal accounts in Social Security. He argues that the argument is not merely about the monetary stability of the program, but rather about the very structure and purpose of Social Security. By introducing the concept of personal accounts, the authenticity of the whole system is being cast doubt on. Biden is highlighting that the focus ought to not exclusively be on the solvency of Social Security, but rather on the larger ramifications and implications of possibly altering the program. He is urging for a much deeper assessment and factor to consider of the impact of individual accounts on the overall legitimacy of Social Security.
This quote is written / told by Joe Biden somewhere between November 20, 1942 and today. He was a famous Vice President from USA.
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