Anthony Trollope Quotes
A man will be generally very old and feeble before he forgets how much money he has in the funds.
Trollope, Anthony. Doctor Thorne. Chapman & Hall, 1858.
This statement was quoted over and over by his Presidential opponent, Lyndon Johnson in the campaign of 1964. Although, a wealthy person could on the average do a little better with a private investment of equivalent money and a disability insurance, those citizens of less wealth could not do so as easily. And few could obtain the disability and survivor benefits that comes along with Social Security. Goldwater wanted to make Social Security Voluntary, and most Americans thought the Goldwater prescription for Social Security would kill the program and did not support him. Conservatives have argued for this idea ever since, including Geirge W. Bush who made it a centerpiece of his administration’s program. It was rejected by the voters, and most of those were proven right when with the 2008 stocks had lost 50% of their value—the people who had retired and depended on their return from investments were mostly in terrible trouble. And of course, even in good times, some people who invest in the stock and bond markets do well and some do poorly. What would society do about those who lost most of their retirement. Let them starve because they invested badly?
Anthony Trollope was an English novelist and civil servant of the Victorian era. Among his best-known works is a series of novels collectively known as the Chronicles of Barsetshire, which revolves around the imaginary county of Barsetshire. He also wrote novels on political, social, and gender issues, and other topical matters.
