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Quote by Betty Ford

Author

Betty Ford
Betty Ford

Betty Ford served as the First Lady of the United States from 1974 to 1977, during the presidency of her husband, Gerald Ford. She is recognized for her advocacy on women's rights, addiction treatment, and breast cancer awareness. Following her tenure in the White House, she founded the Betty Ford Center, a treatment center for substance abuse and addiction. more

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“The greatest danger to an adequate old-age security plan is rising prices. A rise of 2% a year in prices would cut the purchasing power of pensions about 45% in 30 years. The greatest danger of rising prices is from wages rising faster than output per man-hour.... Whether the nation succeeds in providing adequate security for retired workers depends in large measure upon the wage policies of trade unions.”