How Many Economists You Know Can You Meet in Caribou Coffee on a Wednesday Morning?
Department of "Huh?!?!"

Department of "Huh!?!?"

Barack Obama:

TRANSCRIPT of Dec 6 press conference « FeudArt: This is why FDR, when he started Social Security, it only affected widows and orphans. You did not qualify. And yet now it is something that really helps a lot of people.

Does anybody have any idea what the frack Obama is talking about here, or why he would think something like this, or why he would say something like this?

SOCIAL SECURITY ACTP.L. 74-271\, approved August 14, 1935, 49 Stat. 620.

AN ACT

To provide for the general welfare by establishing a system of Federal old-age benefits, and by enabling the several States to make more adequate provision for aged persons, blind persons, dependent and crippled children, maternal and child welfare, public health, and the administration of their unemployment compensation laws; to establish a Social Security Board; to raise revenue; and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled...

No restriction to widows and orphans here...

Comments