Social Security's 75th anniversary this month
This month America celebrates the 75th anniversary for Social Security which was signed into law on August 14, 1935 by President Roosevelt, and House Speaker Nancy Pelosi (D-CA) had this to say about republicans wanting to end social security.
“Just five years ago, President Bush and his Republican allies pushed a risky plan to privatize and cut Social Security,” she said. “If they had succeeded, seniors would have lost trillions more in the financial crisis. At the time, Democrats and the American people said ‘no.’ And no one lost a penny in Social Security, even as America’s households lost more than $17 trillion in wealth.”
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