Social Security First News Today

to balance the books. plus, with the cost of living soaring around the world, global debt has hit a record $300 trillion. so well hear from the boss of europes leading debt collection agency about how it balances the need to recover cash for its clients with peoples ability to pay. wherever yourejoining me from around the world. once again, a big hello and a warm welcome to the show. getting old is something that happens to all of us. butjust how are we as individuals and as a society ...

hello everybody. a very warm welcome to talking business weekly. lets take a look at what is on the show. can we really afford to get old? ageing populations mean a rise in pensions and health care costs but, with government struggling for cash, who is going to pay? it is the problem at the heart of this years protests with other countries facing similar challenges. well living standards need to step can change keep us comfortable in our senior years? i am going to discuss all of this ...

Illustrate this is, in the united states, age 65 was calculated and is currently, the used around the world as a retirement age but if 65 is a retirement age was first arrived backin retirement age was first arrived back in 1935 when social security first started. back in 1935 when social security first started-— first started. our life expectancy back then was _ first started. our life expectancy back then was only _ first started. our life expectancy back then was only 61 _ first started. ou...

So, an example i use i like to use to illustrate this is in the united states, age 65 was calculated and its currently commonly used all around the world as a retirement age. but age 65 is a retirement age was first derived back in 1935 when social security first started. 0ur life expectancy in the united states back then was only 61. so you can imagine, systems were only designed to pay for a very few years of benefits post post retirement. and now were routinely living much beyond that. the mo...

On the evening of November 9, 1989, thousands of East Germans—including a 35-year-old chemist named Angela Merkel—peacefully crossed into West Berlin amid chaos and the confusion at the Berlin Wall.

From the fall of the Berlin Wall to 9/11, we had relative peace and prosperity. It was an opportunity to salve some festering national wounds. We squandered it completely—and helped give rise to the crises we’re dealing with today.

New york city. one of the excuses the democrats repeatedly made when concerns came up with obama care it is the law of the land and it cannot be changed. >> the fact is it at the law of the land. >> i think it is very exciting. can you imagine being there when social security first came into effect or medicare when it became the law of the land. >> obama care is the law of the land. >> it is the law of the land. >> affordable care act has gone through every single democrat ache process it is the...

Concerns came up with obama care, it is the law of the land and it cannot be changed. take a look. >> the fact is, it is the law of the land. >> i think it is very exciting. can you imagine being there when social security first came in to affect or medicare when it was the law of the land. nobama care is the law of the land. >> addiction equity is the law of the land. >> affordable care act went through every single democratic process. it is the law of the land. >> boy, it is the law of the lan...

Concerns came up with obama care, it is the law of the land and it cannot be changed. take a look. >> the fact is, it is the law of the land. >> i think it is very exciting. can you imagine being there when social security first came in to affect or medicare when it was the law of the land. nobama care is the law of the land. >> addiction equity is the law of the land. >> affordable care act went through every single democratic process. it is the law of the land. >> boy, it is the law of the lan...

Concerns came up with obama care, it is the law of the land and it cannot be changed. take a look. >> the fact is, it is the law of the land. >> i think it is very exciting. can you imagine being there when social security first came in to affect or medicare when it was the law of the land. nobama care is the law of the land. >> addiction equity is the law of the land. >> affordable care act went through every single democratic process. it is the law of the land. >> boy, it is the law of the lan...