Bill Clinton

Bill Clinton

Summary

Portrait of Bill Clinton Bill Clinton,  Proclamation 7345

“ Increasingly, older Americans want to work, and for most, the opportunity to work adds not only to the length but also to the quality of their lives.
The abilities, experience, and strong work ethic of these older Americans are a precious resource for our Nation in today's strong economy. With the unemployment rate at its lowest level in more than a generation, businesses urgently need to hire more workers if they are to keep pace with the demand for their products and services. Too often overlooked or underutilized, older workers offer employers a broad and diverse pool of talent.
”
Source: Wikisource

Portrait of Bill Clinton Bill Clinton,  Proclamation 7345

“ Recognizing the importance of older workers to our Nation and our economy, the Congress unanimously passed, and I was proud to sign into law, the Senior Citizens' Freedom to Work Act of 2000. This legislation eliminates the Social Security retirement earnings test, a provision that withheld benefits from Americans working beyond the age of 65. It allows older Americans to enjoy the extra income and personal fulfillment that work offers without being penalized, and it ensures that companies facing labor shortages will have a greater supply of experienced workers. ”
Source: Wikisource

Portrait of Bill Clinton Bill Clinton,  Proclamation 7345

“ The Act will also help our economy grow without inflation and encourage Americans to work longer, thus contributing more to the tax base and to the Social Security trust fund at precisely the time when the percentage of younger workers paying into the system will be decreasing.
Older Americans have contributed much to the life of our Nation and to the extraordinary growth and prosperity we enjoy today. We owe them our respect and gratitude; we also owe them the opportunity to continue working as long as they desire.
”
Source: Wikisource

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