"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.
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.
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