Harry S. Truman, 107—Special Message to the Congress on Social Security, May 24, 1948.
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There are two main differences between Ponzi’s original scam and tThe passage of the Social Security Act in 1935 marked a great advance in our concept of the means by which our citizens, through their Government, can provide against common economic risks. . ."
— Harry S. Truman on Social Security (United States)
What It Means
This is a placeholder explanation generated by the low-overhead model. It interprets "There are two main differences between Ponzi’s original scam and tThe passage of the Social Security Act in 1935 marked a great advance in our concept of the means by which our citizens, through their Government, can provide against common economic risks. . ."" in the context of "Harry S. Truman, 107—Special Message to the Congress on Social Security, May 24, 1948." to mean that wisdom is timeless.
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Source: Wikiquote: "Social Security (United States)" (T)
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About Harry S. Truman
Harry S. Truman (May 8, 1884 – December 26, 1972) was the 33rd president of the United States (1945–53), an American politician of the Democratic Party. He served as a United States senator from Missouri (1935–45) and briefly as vice president (1945) before he succeeded to the presidency on April 12, 1945 upon the death of Franklin D. Roosevelt. He was president during the final months of World War II, making the decision to drop the atomic bomb on Hiroshima and Nagasaki. Truman was elected in his own right in 1948. He presided over an uncertain domestic scene as America sought its path after the war, and tensions with the Soviet Union increased, marking the start of the Cold War.
About Harry S. Truman
Harry S. Truman (May 8, 1884 – December 26, 1972) was the 33rd president of the United States (1945–53), an American politician of the Democratic Party. He served as a United States senator from Missouri (1935–45) and briefly as vice president (1945) before he succeeded to the presidency on April 12, 1945 upon the death of Franklin D. Roosevelt. He was president during the final months of World War II, making the decision to drop the atomic bomb on Hiroshima and Nagasaki. Truman was elected in his own right in 1948. He presided over an uncertain domestic scene as America sought its path after the war, and tensions with the Soviet Union increased, marking the start of the Cold War.
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