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<blockquote data-quote="Babagounj" data-source="post: 6048770" data-attributes="member: 12952">Here&#039;s an interesting fact.[URL unfurl=&quot;true&quot;]https://www.americanthinker.com/articles/2025/01/liz_warren_and_the_democrat_quest_to_make_social_security_a_welfare_program.html[/URL]Let’s step back, for a moment, to May of 1935. America was in the thick of a Depression which was made Greater by the intervention of FDR and his brains trust of Soviet-admiring central planners.&nbsp; At a time when life expectancy was about 62, they brilliantly devised a government-administrated pension program which would pay a benefit of retirement income at age 65.This was a morally dubious proposition, for various reasons beyond the fact that most Americans at the time weren’t projected to live long enough to collect any benefit at all.&nbsp; It was widely understood, in 1935 anyway, that the federal government had no right to coerce Americans into any pension arrangement, or into any annuity (i.e., insurance) contract.</blockquote>

[QUOTE="Babagounj, post: 6048770, member: 12952"] Here's an interesting fact. [URL unfurl="true"]https://www.americanthinker.com/articles/2025/01/liz_warren_and_the_democrat_quest_to_make_social_security_a_welfare_program.html[/URL] Let’s step back, for a moment, to May of 1935. America was in the thick of a Depression which was made Greater by the intervention of FDR and his brains trust of Soviet-admiring central planners. At a time when life expectancy was about 62, they brilliantly devised a government-administrated pension program which would pay a benefit of retirement income at age 65. This was a morally dubious proposition, for various reasons beyond the fact that most Americans at the time weren’t projected to live long enough to collect any benefit at all. It was widely understood, in 1935 anyway, that the federal government had no right to coerce Americans into any pension arrangement, or into any annuity (i.e., insurance) contract. [/QUOTE]

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