Documents / Official release

[01/29/1998 - 10/19/1999]: 24194021-20060474F-001-023-2023

· 88 pages · text from the file's own layer

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.

  • p. 47 …with a bipartisan plan that might be harder for any person to do alone And I…
354980ED.FIN Page 5 of 8
http://classified/email/data_source/exchange/record/cd009/aprl998/354980ed.html 1/5/2010
Since its enactment over 60 years ago, Social Security has changed the
face of
America. When President Roosevelt signed the bill creating the Social
Security
system, most seniors in America were poor. A typical elderly person sei
Now, there's something else I want to say about this. Even though most
seniors
need other sources of income in addition to Social Security to maintain ;
comfortable lifestyle: if Social Security did not exist, today half of all
American retirees would be living in poverty -- 60 percent of all women
Fifteen
million American seniors have been lifted out of poverty through the
Social
Security system.
Today the system is sound, but the demographic crisis looming is clear.
The
baby boomers - 76 million of us - are now looking ahead to their
retirement.
And people, clearly, are living longer, so that by 2030, there will be twit
as
many elderly as there are today.
All these trends will impose heavy strains on the system. Let's look at th
next chart here. You can see that in 1960, which wasn't so long ago, thei
were
over five people working for every person drawing Social Security. In
1997, last
year, there were over three people — 3.3 people — working for every
person
drawing. But by 2030, because of the increasing average age, if present
birthrates and immigration rates and retirement rates continue, there wil
be
only two people working for every person drawing Social Security.
to
act with care as we make needed repairs to the program occasioned by t
huge
growth in retirees.
letter to FDR begging him to eliminate "the stark terror of penniless old
age."
Since then, the elderly poverty rate has dropped sharply. You can look
here and
see that in 1959 the poverty rate was over 35 percent for retirees. In 197
it
had dropped to 15.2 percent. In 1996, the poverty rate is down below 11
percent.

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About this file

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.