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Saturday, March 12, 2005

Roosevelt Hammers Bush on Soc. Sec.

It doesn't get much better than a Roosevelt laying out a treatise on the benefits of Social Security and the detriments of privatization.

In the Democratic broadcast an hour later, James Roosevelt Jr. — a grandson of President Franklin D. Roosevelt and former Social Security official — accused Bush of breaking a long tradition of bipartisan support for the retirement program.

"In 1935, my grandfather signed the Social Security Act into law, ensuring that Americans retired with financial security," Roosevelt said. "And since that time, Democrats and Republicans have worked together to protect and strengthen Social Security. Like most Americans, I agree with the guiding principle that America's workers deserve a secure retirement."

"Unfortunately, President Bush and Washington Republicans do not share this belief," added Roosevelt, who served as the Social Security Administration's associate commissioner for retirement policy during the Clinton administration.
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