Newspapers / Amco News (High Point, … / Aug. 1, 1962, edition 1 / Page 13
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LITTLE LEAGUERS COP WHO PAYS FOR SOCIAL SECURITY ? PLAY-OFF CHAMPIONSHIP The Adams-Millis Little Industrial Baseball Team won the play-off cham pionship by defeating Silver-Knit in a best two-out-of-three series in the finals. Adams-Millis eliminated Amos Hosiery in the first round of the play off. After getting off to a shaky start by losing the first four games of the league schedule, the Adams-Millis Little Leaguers showed continued im provement throughout the remainder of the schedule, finishing in a tie for second place. An invitation to play in the regional tournament in Char lotte, N. C., where they were defeat ed in the first game, gave the boys confidence and desire in the play-off. Coaches Aimian, Jones and Lock hart were high in their praise for the members of the team for their excel lent play in the championship series, with every member of the team play ing almost flawless ball and the pitch ers maintaining control throughout the game s. The team and their parents were guests at the Adams-Millis Foremen's Club on Saturday, August 19, for an afternoon of fishing and a hot dog sup per. A preacher noticed a lone man sitting in the front pew of his church. It was so unusual that he called the man aside as he left the church, tell ing him that he was curious to know why he sat in the front pew, "Well, " said the man, "it's like this, I'jn a bus driver, and I just wanted to find out what your secret was in getting people to move to the back, " Harry D. Harrison No one is ever too old to learn, but many p>eople keep putting it off. --Wall Street Journal - 13 Benefits promised to people now covered by Social Security total an estimated $624 billion, but the total reserve on hand and estimated to be ultimately paid in by those now cover ed totals only an estimated $304 billion, leaving an approximate deficit of $320 billion. If this deficit is to be paid, it must be met by the newcomers in the work force in future years at the higher tax rates now in effect and scheduled for the future under existing law. Social Security taxes have risen oyer 78% in the past six years. Benefits already promised require another 48% increase in payroll taxes between now and 1968, The maximum tax is now $150 per year per worker which is matched by the employer; it will increase to $222 from each in six years, even without the added cost of the Kennedy medicare program. The medicare program could cost more than $1 billion the first year. The Social Security originally provided monthly cash benefits for retired workers only. More and more benefits have been added since 1939 until today the tax cost and future problems noted above are tremendous. The President's insistence on adding medicare to the cost of Social Security would only magnify the problem--and perhaps burst the security bubble. A horse can't pull while kicking. This fact I merely mention. And he can't kick while pvilling, Which is my chief contention. Let's imitate the good old horse And lead a life that's fitting; Just pull an honest load, and then There'll be no time for kicking. Unhappiness is in not knowing what we want and killing ourselves to get it. --Don Her old
Amco News (High Point, N.C.)
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Aug. 1, 1962, edition 1
13
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