SOCIAL SECURITY: The Raise That Hurts

Mrs. Mary Freed, a 65-year-old Minneapolis woman who suffers from diabetes and heart disease, wrote an angry letter to her Congressman, Democrat Donald M. Fraser. "Why in hell," she asked, "when a person gets to 65 and is no good, don't they take a person out and shoot him instead of torturing him to death?" Mrs. Freed was understandably upset. Like 28 million other Americans, she was getting a 20% increase in her Social Security check.* But to Mrs. Freed and many other elderly and/or disabled pensioners, that was bad news indeed. The raise would lift their incomes...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!