Show i m I a HV i Social Security Questions Basic questions are raised about social security by recent proposals of President Lyndon Johnson I THE PRESIDENT spoke of ot shifting the burden of social se security security security se- se to those who could afford atford it best He proposes to require contributions on earnings up to by 1974 they are de deducted deducted deducted de- de ducted on income up to today WE SHOULD remember in inthis inthis inthis this connection the original Intent Intent in intent In- In tent of those who passed the social security law Its It's purpose was to give the elderly citizen a sort of ot insurance protection ONE PRINCIPLE of the program program program pro- pro gram was to have the insured pay pay jay in much of ot what he was later ater to receive In other words social security security ity was not to be a system that guaranteed a certain income to all but was to be based upon the indi Individuals Individual's vidual's contributions to a large extent AUGMENTING ones one's Income late in life Ufe providing a floor of subsistence has been the traditional traditional tra tra- I aim of our social se se- se Proposals of ot the Johnson Administration Administration Administration Ad Ad- ministration raise doubts whether the goal is being shifted to one of providing a certain living standard to all all at at the ex expense expense expense ex- ex pense of others THIS IS OF course a concept concept concept con con- somewhat akin to the guaranteed guaranteed guaranteed guar guar- wage and it is not fa favored favored favored fa- fa I by a ma majority of the I lation |