Documents / Official release
This release contains White House Exchange Mail records dated January 1998 to October 1999. Most of it is a transcript of a January 29, 1998 press briefing by Press Secretary Mike McCurry covering Iraq, Iran, the budget and the Lewinsky inquiry, plus a 1998 presidential speech. An October 19, 1999 email among Transnational Threats staff forwards a Florida Today article on how scientists expect alien contact would spark a media frenzy rather than a cover-up, describing the 1989 SETI detection protocol.
“Betty”2 pages
34FE5F7E.FIN Page 8 of 12 http://classified/email/data_source/exchange/record/cd008/febl998/34fe5f7e.html 1/5/2010 earners, aggravated by increasing early retirements and other things, off by gradual increase in the Social Security retirement age enacted back in 1 ‘ So if you look at that, that's the second chart here. In 1960, there were 5.1 Americans working for every one person drawir Social Security. In 1997, there's still 3.3 people working for every one person drawing Social Security. In 2030, the year after the Social Security trust fund supposedly will go broke unless we change something, at present projec retirement rates — that is, the presently projected retirement age and san rates - there will be two people working for every one person drawing Social Security. So what's the bottom line? You can see it. Today, we're actually taking i lot more money from Social Security taxes enacted in 1983 than we're spending out. Because we've run deficits, none of that money has been saved for Social Security. Now, if you look at this little chart here, from 1999 forward w be able to save that money -- or a lot of it, anyway. We'll be able to save a of it that will go into pure surplus in the budget. It can be invested. But Now, if you look at that plus the present investment patterns of the fund which are designed to secure 100 percent security and, therefore, get a somewhat lower return in return for 100 percent security for the investments, that's what will cause the problem. So if you look at the presently projected retirem and the presently projected returns, that will cause the problem. It's very important you understand this. Once you understand this, you realize this is not an episode from the X Files, and you're not more likely to see UFO if you do certain specific things. On the other hand, if you don't do anytl one of two things will happen — either it will go broke and you won't ev get it; or if we wait too long to fix it, the burden on society of taking care oi generation's Social Security obligations will lower your income and low your ability to take care of your children to a degree most of us who are your parents think would be horribly wrong and unfair to you and unfair to the future prospects of the United States.
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Official release, from the nara collection. The PDF is mirrored here; the original link is above. 88 pages are in the text index: search them above, or from the library's search.